(New York Fed) The median inflation expectations by US consumers on a three-year timeframe rose to 3.7% in July, an uptick from 3.6% the previous month. The expected rate is…
(CNBC) US Treasury, Janet Yellen, has warned of rising inflation in several months to come, although she expects the situation to ease in the medium term. Yellen raised concerns that…
(BLS) US consumer prices showed less signs of slowing down after a 5.4% jump in June from a year ago, the biggest monthly gain since August 2008. The inflation jump…
(Bloomberg) China’s producer price index eased to an expansion of 8.8% year over year, after May’s high of 9% on commodity price control measures and stronger dollar. Consumer prices ticked…
(Bloomberg) Fed’s Chair Jerome Powell expects the central bank to achieve the 2% inflation target once supply constraints subside. Powell acknowledges the uptick in inflation in recent months, a factor…
(Statistics Canada) Canada recorded the fastest rise in inflation since 2011, with annual consumer prices rising 3.6% in May. The jump in Canada’s inflation was higher than expected 3.5% gain.…
(Office for National Statistics) UK Inflation exceeded expectations and Bank of England target of 2% to jump 2.1% in 12 months to May. The surge reflected the opening of the…
(St. Louis Fed) A 0.5% jump in hourly wages in May, more than expected 0.2%, is raising inflationary concerns that have gripped financial markets. Analysts are interpreting the jump in…
Annual inflation in the Euro area is expected to hit 2.0% in May, up from 1.6% in April, according to the Eurostat press release. Energy is projected to post the…
Global futures followed crypto-linked stocks in tumble on Wednesday on mounting inflation pressures and Covid-19 surge in some countries. The fall in crypto-linked stocks were fueled by sharp downturns in…
The Consumer Price Index in the UK surged 1.5% year over year in April, according to the Office for National Statistics press release. The rate was more than double from…
Global stocks joined the US futures in Friday climb after Fed calmed inflation fears saying the consumer price increase is only transitory, Markets Insider reports. S&P 500 ticked 0.46% higher,…