Inflation

Economy Inflation takes joy out of festive season shopping Friday December 22 2023 Data reveals that the prices of essential festive food items have surged at unprecedented rates. PHOTO | SHUTTERSTOCK As Kenyan families…

Breadcrumb Trail LinksPMN BusinessAuthor of the article:The Canadian PressNojoud Al MalleesPublished Dec 24, 2023  •  3 minute read Bank of Canada Governor Tiff Macklem arrives for the annual meeting of federal, provincial, and…

© Reuters. FILE PHOTO: U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration By Saqib Iqbal Ahmed NEW YORK (Reuters) -The edged down on Friday, hitting a near five-month low as data…

US Nov core PCE y/yPrior was +3.5%PCE core m/m +0.1% vs +0.2% expected (unrounded at 0.09%)Prior m/m core +0.2%Headline PCE 2.6% vs +2.8% expected (prior +3.0%)Deflator m/m -0.1% vs +0.0% expected (prior +0.0%) -- first negative monthly…

USDJPY below the 200 day MA and 38.2% retracementThe USDJPY is trading toward the low for the day after an up and down run after the data dump at 8:30 AM. The key was the PCE inflation data. Inflation in the US is clearly trending lower.…

The major US indices are trading higher after tame core and headline PCE data out of the US this morning. The good news is inflation is melting away. There is some worry, however. Nike reported their earnings after the close yesterday and…

GOLD OUTLOOK & ANALYSISCore PCE data keeps pressure on USD as gold soars.Jobless claims data in focus next week.Can gold bulls hold on above $2050?Elevate your trading skills and gain a competitive edge. Get your hands on the Gold Q4…

Here are the key points on key topics from White House National Economic Council Director Brainard:Focus on Red Sea AttacksThe Biden administration is very focused on the attacks in the Red Sea due to the importance of shipping lanes.Suez…

The year is working to an end, but before markets slow to a trickle next week, there was one more key economic release today. The headline and core PCE data - the favored inflation quide for the Fed - was released at 8:30 AM ET, and it…

EUR/USD Forecast - Prices, Charts, and AnalysisEUR/USD back above 1.1000.US core PCE is the last data event of the year.Learn how to trade the most active fx-pair with our complimentary guide Recommended by Nick Cawley How…