The euro fell to a one-year low against the dollar as interest-rate differentials moved further against the exchange rate, ING said, with investors “doubling down” on expectations that the ECB will ...
At the same time, it looks less likely that the labor market will weaken, Musalem said, in a speech to the Economic Club of Memphis. Musalem said his “base case” for the economy is for inflation to ...
Forecasters expect a monthly report on US consumer prices to show a third month of firm underlying inflation, keeping the pace of Federal Reserve interest-rate cuts in the coming months up for debate.