U.S. Consumer Prices Rise Slightly; Labor Market Tightening
U.S. consumer prices increased modestly in April, pointing to a steady buildup of inflation that will likely keep the Fed on a path of gradual monetary policy tightening.
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U.S. consumer prices increased modestly in April, pointing to a steady buildup of inflation that will likely keep the Fed on a path of gradual monetary policy tightening.
Read MoreThe oil price rose on Thursday and was set for its largest weekly increase in a month.
Read MoreGold edged higher on Thursday as the dollar paused for breath, holding near its 2018 peak.
Read MoreThe dollar held firm on Thursday underpinned by gains in long-term U.S. Treasury yields.
Read MoreUncloaking central bank monetary policy language with an illustration of a hot air balloon?
Read MoreAsian stocks rose with energy shares leading the way as oil bolted higher after Trump’s decision to pull out of a nuclear deal with Iran.
Read MoreThe Reserve Bank of New Zealand (RBNZ) on Thursday held rates at a record low 1.75 percent.
Read MoreAlso, Gold prices slid as safe-haven buying failed to kick in after the U.S. withdrawal from the Iran nuclear accord.
Read MoreThe dollar fell on Wednesday from its strongest levels in 2018 against a basket of currencies due to mild profit-taking.
Read MoreThe euro slid to a new 2018 low before recovering slightly, as investors bet on dollar strength due to relatively higher interest rates.
Read MorePeople rarely succeed unless they have fun in what they are doing.Dale Carnegie