Inflation keeps defying tariff fears
Digest more
Tariffs will weigh on euro zone economic growth and prices for years, but there is little risk of inflation falling too low, and even the euro's surge against the dollar is not a major worry, European Central Bank Vice President Luis de Guindos said.
The average rate on 30-year fixed home loans from Freddie Mac ticked down again to 6.84% for the week ending June 12.
WIW is a leveraged closed-end fund focused on inflation-linked securities, offering current income amid rising inflation forecasts for 2025. Click for more on the WIW CEF.
Israel's annual inflation rate eased more than expected to 3.1% in May, official data showed on Sunday, although it is still slightly above target and the escalation of the country's conflict with Iran poses additional risks to the outlook.
The consumer price index increased 0.1% for the month of May, lower than economists' predictions, with the annual rate reaching 2.4%.
Explore more
Consumer sentiment increased in June for the first time in six months, the latest sign that Americans’ views of the economy have improved as inflation has stayed tame and the Trump administration has
Trump has demanded the U.S. central bank lower its benchmark overnight interest rate immediately by a full percentage point, a dramatic step that would amount to an all-in bet by the Fed that inflation will fall to its 2% target and stay there regardless of what the administration does and even with dramatically looser financial conditions.
Western Asset Infl-Linked Opps & Inc Fd is a good buy for income investors with an 8.74% yield, discount to NAV, and inflation-linked assets. Click for more on WIW.
Israel’s attacks on Iran’s nuclear facilities risk pushing back the timeline for Federal Reserve interest-rate cuts as the US central bank waits to assess any potential impact on inflation, economists said.
The average hourly earnings for private sector workers in Michigan has increased at nearly the same rate as inflation in the past five years.
The European Central Bank's inflation target of 2% is in reach, ECB President Christine Lagarde was quoted as saying in an interview published on Saturday. In the interview with China's Xinhua news agency earlier this week which was released on the ECB website,