Currencies tread cautiously after U.S. inflation report, focus on ECB
Markets are pricing in 37 basis points of cuts this year from the Fed after data on Friday showed the...
archiveeconomic policy
Dollar rebounds after falling on weaker U.S. inflation, yen ticks up
The dollar skidded to multi-month lows on Thursday after U.S. core inflation hit its slowest in three years and retail...
Bank of England edges closer to rate cut, possibly in June, as it predicts below-target inflation
LONDON (AP) — The Bank of England maintained its key U.K. interest rate at a 16-year high of 5.25% though...
Dollar steady after soft U.S. jobs report; yen starts week on back foot
On Monday, the yen weakened 0.43% to 153.62 per dollar in early trading, having touched a three-week high of 151.86...
Trump 2.0 would be destructive for the economy, as the former president embraces ‘crank’ doctrine and economic fantasy, Paul Krugman says
Getty/Drew AngererTrump's re-election could bring loads of problems to the US economy, Paul Krugman warned.The former president is prone to...
Yen retreats after U.S. data as eyes turn from Tokyo to Fed
The dollar index gained ground after economic data showed U.S. labor costs increased more than expected in the first quarter...
Many large U.S. cities are in deep financial trouble. Here’s why
Truth in Accounting estimates that 53 of the largest cities in the U.S. were not generating enough revenue to pay...
U.S. dollar modestly higher as sticky inflation persists, yen hits 34-year low
Thursday's data showed the producer price index (PPI) rose 0.2% month-on-month in March, compared with an 0.3% increase expected by...
U.S. dollar struggles for direction ahead of data despite rise in yields
Traders in Fed fund futures bet on a total of 62 basis points (bps) of Federal Reserve rate cuts late...
U.S. dollar gains as strong economic data could reduce rate cuts this year
Preliminary results of Japan's spring wage negotiations are due on Friday, with several of the country's biggest companies having already...
