News

US Service Sector Unexpectedly Contracts in May; Inflation Heats Up
The government is expected to report on Friday that nonfarm payrolls increased by 130,000 jobs in May after advancing by ...
Colombia inflation likely slowed in May, but up in full-year 2025: Reuters poll
Colombia's consumer price increases likely slowed slightly in May thanks to reduced pressure on food costs and the ...
Egypt's headline inflation jumps to 16.8% in May, CAPMAS says
Egypt's annual urban consumer price inflation jumped to 16.8% in May from 13.9% in April, data from statistics agency CAPMAS ...
Inflation data threatened by government hiring freeze as tariffs loom
The Labor Department has cut back on the inflation data it collects because of the Trump administration’s government hiring ...
Emmons: Inflation is falling, and expectations may fall too
Ben Emmons, founder of FedWatch Advisors, sees rate cuts coming as inflation falls. He notes Fed timing is uncertain, but ...
Ghana consumer inflation slows in May to lowest level since February 2022
Ghana's consumer inflation slowed in May for the fifth month in a row to its lowest level since February 2022 as inflationary ...
CBO says Trump's tariffs will shrink the economy and add to inflation but reduce the deficit
Nonpartisan Congressional Budget Office estimates that Trump’s tariffs would shrink the economy and add to inflation while reducing the federal deficit by $2.8 trillion.
Eurozone inflation falls below ECB 2% target in May: Rate cut in sight
Eurozone inflation fell to 1.9% in May, below forecasts, boosting expectations of an ECB rate cut on Thursday. Core inflation ...
Pakistan May Inflation Quickens After Easing to Record Low
Pakistan’s inflation accelerated last month, driven by a jump in food prices, reversing the decline seen in the last few ...
Eighth straight ECB rate cut looks like a near-certainty after May’s surprise inflation decline
That’s why investment banks like ING and BNP agree that the ECB will cut rates 25 basis points to 2% next Thursday.