Britain’s inflation rate could be about to drop below the Bank of England’s 2% target
The headline inflation rate could be 'momentous,' but markets remain divided on the chance of a June cut and services will be the one to...
The headline inflation rate could be 'momentous,' but markets remain divided on the chance of a June cut and services will be the one to...
Government debt that has swelled nearly 50% is capturing increasing worry both on Wall Street and in Washington.
There are some signs that shoppers are holding off on big-ticket buys, the latest signal of the economy contracting at the hands of tighter monetary...
The European Central Bank's Financial Stability Report said that interest rate expectations have created the "potential for outsized market reactions."
The consumer price index was expected to increase 3.4% from a year ago, according to the Dow Jones consensus estimate.
"As far as Europe is concerned we need a more mature attitude in our trade," EU economics head Paolo Gentiloni told CNBC.
The Labor Department's Bureau of Labor Statistics will provide the consumer price index data Wednesday at 8:30 a.m. ET.
The producer price index was expected to increase 0.3% in April, according to the Dow Jones consensus estimate.
On a one-year basis, the expectation increased to 3.3%, up 0.3 percentage point from March and the highest since November 2023.