Wholesale inflation jumps 6% in April on annual basis, biggest increase since 2022
The producer price index was expected to increase 0.5% in April, according to the Dow Jones consensus.
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Broker Globale Piattaforma di Verifica Regolamentare
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Markets raise chances for a Fed rate hike following hot inflation report
Market pricing took virtually any chance of a cut off the table between now and the end of 2027.
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It's not just Iran and oil raising inflation. Prices also are reaccelerating in these other areas
Here's some of the places where prices are rising fast for consumers.
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Oil prices jump after Trump dismisses Iran proposal to end war
The Strait of Hormuz trade route remains effectively shut, disrupting the global energy shipments.
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The Federal Reserve is quickly running out of reasons to cut interest rates
Friday's jobs report provided evidence that the central bank's larger concern is a cost of living that is getting increasingly hard to bear.
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Consumer sentiment falls to fresh record low in May as surging gas prices hit outlook
Surging gas prices due to the Iran war sent consumer sentiment to a new low in the early part of May.
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U.S. payrolls increased 115,000 in April, more than expected; unemployment at 4.3%
Nonfarm payrolls were expected to increase by 55,000 in April, according to the Dow Jones consensus.
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Here's what to expect from Friday's release of the April jobs report
The total picture is one of a labor market that, while undoubtedly cooling, is generally stable and resilient despite a number of challenges.
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Oil prices rise after US and Iran exchange fire in Hormuz strait
The flare-up further endangers the US-Iran ceasefire, which Trump extended indefinitely on 21 April.
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There's 'no chance' Warsh will be able to get the Fed to cut rates, Paul Tudor Jones says
"Do I think he'll cut rates？ No chance," Jones said during a wide-ranging CNBC "Squawk Box" interview.
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Surging gas prices are hitting lower income households harder, New York Fed study shows
Lower-income consumers are compensating for higher gas prices by buying less.
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Surging gas prices are hurting lower income households harder, New York Fed study shows
Lower-income consumers are compensating for higher gas prices by buying less.
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Surging gas prices are hitting lower-income households harder, New York Fed study shows
Lower-income consumers are compensating for higher gas prices by buying less.
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Private payrolls rose by 109,000 in April, topping expectations, ADP says
The report provided more evidence of a stable labor market and less incentive for the Fed to lower interest rates.
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GameStop makes $55.5bn takeover offer for eBay
GameStops boss Ryan Cohen says he sees potential to make eBay a much bigger rival to Amazon.
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UK exports to U.S. plunge by 25% after Trump's 'liberation day' tariffs blitz
The U.K. is now running a trade deficit with its largest trading partner.
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Fed dissenters explain 'no' votes, saying they disagreed with hinting next move would be a cut
Federal Reserve officials who voted this week against the post-meeting statement said they didn't think it was appropriate to signal that the next interest rate move would be lower.
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Inside the Fed: Powell vows he won't be a 'shadow chair,' but a Warsh clash will be tough to avoid
When the Fed gathers again, it will mark the first time a sitting and former chair conduct business together in nearly 80 years.
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Fertiliser boss says Iran war puts 10 billion meals a week at risk
A shortage of fertiliser due to the Iran conflict could reduce crop yields and push prices higher, says the boss of Yara.
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Core inflation rate hit 3.2% in March as first-quarter growth disappointed at 2%
Consumers faced escalating prices in March as the Iran war sent oil soaring and created a new level of challenges for the Fed.
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