U.S. consumer prices rose 4.2% annually in May, prompting President Trump to express "love" for the inflation figure while predicting a price drop post-Iran conflict. Oil futures climbed as tensions in the Strait of Hormuz escalated.
Posts tagged as “Federal Reserve”
U.S. Retail sales posted stronger-than-expected growth in August, reflecting resilient consumer spending across a range of categories, including dining out and online shopping. The Commerce…
Federal Reserve slashes rates to approximately zero in exigency measures. The Federal Reserve slashes interest rates to approximately zero Sunday an exigency measure that constituted…