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 MoreSomeday is not a day of the week.Denise Brennan-Nelson