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U.S. stocks closed slightly higher after the latest inflation data produced no surprises ... would be light handed in regulating the crypto market. Yet, the crypto sector can't shake off its ...
"The market may have had its hair on fire about inflation running away again, but the data do not support that conclusion." Positive sentiment was also generated in reaction to upbeat earnings ...
Major U.S. equity indices dropped sharply on Friday following the release of the final University of Michigan inflation data, which triggered an even stronger market reaction than the hotter-than ...
At least one official at the Federal Reserve is still skeptical about the trajectory of inflation and the economy, despite ...
Follow our live coverage of the US PCE inflation data and the market reaction. The core PCE Price Index, which excludes volatile food and energy prices, increased 2.8% on a yearly basis in ...
NEW YORK (AP) — U.S. stocks rose Wednesday as a worldwide rally came back around to Wall Street after President Donald Trump appeared to back off his criticism of the Federal Reserve and his tough ...
They also track with the Fed's reaction to labor market data, which weakened notably in ... appear to be outweighing fears of a resurgence in inflation, also evident in recent surveys, at least ...
Inflation data is scrutinised by market-watchers because ... Despite today’s release closely aligning with expectations, the market reaction may be muted today, as focus shifts to the upcoming ...
Canada’s annual inflation rate in April ... about one-tenth of a cent on the data, to above 71.80 US cents. There was an even sharper reaction in the bond market, with Canada’s two-year ...