US inflation rose
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Tuesday's mixed CPI report has further solidified expectations that the Fed will continue to hold interest rates steady. Read more here.
Albertsons shares falls as the gross margin rate drops to the lowest rate in five years, as the company tried to keep prices down despite rising costs.
The latest round of tariff threats from President Trump could spark fresh concerns about inflation, which might force the Federal Reserve to maintain its wait-and-see posture on interest-rate cuts, sa
Wall Street banks are reporting earnings that challenge assumptions about consumer and business weakness amid inflation and recession fears.
This is a brief overview of Cumberland Advisors’ thoughts on financial markets as we head into the second half of 2025. Read more here.
Statistics Canada’s June consumer price index (CPI), set for release Tuesday, is expected to show the annual inflation rate rising to 1.9 percent from 1.7 percent in May, according to RBC and other economists. Accoridng to The Canadian Press, BMO anticipates the rate will reach 2 percent.
Fed Governor Christopher Waller and Fed Vice Chair for Supervision Michelle Bowman, both appointed by President Donald Trump during his first term in the White House, have said they'd consider cutting the benchmark policy rate as soon as the central bank's July 29-30 meeting.
The emerging divide among Federal Reserve officials over the outlook for interest rates is being driven largely by differing expectations for how tariffs might affect inflation, a record of policymakers’ most recent meeting showed.
SINGAPORE] The Monetary Authority of Singapore (MAS) is taking a “cautious” view of the outlook for the second half of 2025, amid “considerable uncertainty” and a “wider than usual” range of potential outcomes.
Reserve Bank governor Lesetja Kganyago says US tariffs and deflation in China are making South Africa’s inflation outlook murky, which is likely to impact the central bank’s rate decision later this month.