May CPI reading lower than expected
The consumer price index rose just 0.2% in May, bringing the annual inflation rate down to 4.6%.
The Israeli CPI reading for May was lower than expected. The…
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More lenders expected to hike mortgage rates following HSBC, brokers warn
Realtors have warned that more and more lenders are planning to raise interest rates on mortgages, as the fallout from the Bank of England's high interest rates continues to devastate homeowners.
The fresh hit to the housing sector…
Inflation expected to cool further in May
Inflation data due to be released by the Bureau of Labor Statistics on Tuesday will be an important economic indicator ahead of the Federal Reserve's monetary policy decision later this week.According to Bloomberg consensus estimates, the…
Mexico peso’s expected fall to be broken by favourable rate spread: Reuters poll By Reuters
© Reuters. Mexican peso banknotes at a coin shop in Ciudad Juarez, Mexico, November 10, 2017. REUTERS/Jose Luis Gonzalez
By Gabriel Buren BENOS ERES (Reuters) - An expected decline in the Mexican peso will likely boost the favorable…
Virginia regulators expected to vote on Youngkin plan to withdraw from climate initiative
breadcrumb links PMN Business Article author: Associated Press Sarah Rankin Posted on Jun 07, 2023 • Last updated 8 minutes ago • 3 minutes to read FILE - Virginia Gov. Glenn Youngkin…
Apple is expected to unveil sleek headset aimed at thrusting the masses into alternate realities
breadcrumb links PMN Business Article author: Associated Press Michael Liedtke Posted June 4, 2023 • Read 5 minutes Article content It appears that Apple is preparing to unveil a long-rumored…
Lululemon Announces Better than Expected Fiscal Q1 2023 Results, LULU Shares Up 13%
For the second quarter, Lululemon Athletica expects to report net revenue of between $2.140 billion and $2.170 billion, representing growth of approximately 15 percent.
Lululemon Athletica Inc. (NASDAQ: LULU), a Canadian multinational…
PBOC is expected to set the USD/CNY reference rate at 7.0958 – Reuters estimate
The PBOC USD/CNY reference rate is set to be around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint for the Yuan (also known as the RMB or RMB). The People's Bank of China…
ECB President Says Euro Zone Inflation Still ‘Too High’ as Rate Falls Lower than…
Inflation in the Eurozone fell to 6.1% as individual countries also posted declines. However, Lagarde plans to raise prices further.
Eurozone inflation fell in May, with a sharper decline than analysts and observers expected. flash…
PBOC is expected to set the USD/CNY reference rate at 7.0964 – Reuters estimate
The PBOC USD/CNY reference rate is set to be around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint for the Yuan (also known as the RMB or RMB). The People's Bank of China…
