News
Surge in imports drives US goods trade deficit to 14-month high in May
6+ hour, 34+ min ago (639+ words) WASHINGTON, June 26 (Reuters) " The U. S. trade deficit in goods swelled to a 14-month high in May as businesses boosted imports, likely to avoid shortages and higher prices related to the war in the Middle East, prompting economists to cut their growth…...
Tokyo June core CPI rises 1. 6% yr/yr
19+ hour, 44+ min ago (74+ words) The Mighty 790 KFGO Tokyo June core CPI rises 1. 6% yr/yr TOKYO, June 26 (Reuters) " Core "consumer prices in Tokyo rose 1. 6% in "June "from a "year earlier, government data showed "on Friday. The "core "consumer "price index "for Japan's capital, which includes…...
UK grocery inflation slows, easing fears of Iran war hit, says Worldpanel
3+ day, 13+ hour ago (431+ words) LONDON, June 23 (Reuters) " British grocery inflation slowed to 3. 0% in the four weeks to June 14, researcher Worldpanel by Numerator said on Tuesday, easing concerns about the impact of the Middle "East conflict filtering through to supermarket shelves. Grocery inflation was 3. 1% in…...
Analysis-Dollar rides into second half of 2026 on a "winner takes it all" wave
15+ hour, 59+ min ago (760+ words) By Amanda Cooper, Dhara Ranasinghe and Saqib Iqbal Ahmed LONDON/NEW YORK, June 26 (Reuters) " The dollar heads into the second half of 2026 on a high, thanks to bets for higher U. S. interest rates and an unquenchable thirst for U. S. assets from investors…...
Yen wobbles near 40-year low as dollar pauses for breath
18+ hour, 59+ min ago (468+ words) SINGAPORE, June 26 (Reuters) " The yen tottered near its weakest level against the dollar in 40 years early in Asia on Friday as traders reined in bets for Federal Reserve rate hikes after U. S. inflation met "forecasts and central bank officials sent mixed…...
Bank of Canada consultations back 2% inflation target, flag affordability concerns
1+ day, 36+ min ago (296+ words) OTTAWA, June 25 (Reuters) " The Bank of Canada's consultation on its monetary policy framework review found broad support for its 2% inflation target, but participants complained "about the disconnect between official inflation data and actual "price of goods, the bank said in…...
Brazil central bank says policy horizon unchanged after market confusion
1+ day, 3+ hour ago (339+ words) BRASILIA, June 25 (Reuters) " Brazil's central bank pushed back on Thursday against market perceptions that it had extended its monetary policy horizon, after its latest rate decision steepened "the yield curve. After cutting rates by 25 basis points "for a third straight…...
US May PCE inflation rises 4. 1%, keeping Fed hike in play
1+ day, 3+ hour ago (912+ words) WASHINGTON, June 25 (Reuters) " U. S. inflation increased further in May, breaking above 4. 0% for the first time in three years as the Middle East conflict boosted energy prices, and keeping an interest rate increase from the Federal Reserve this year on the table....
Hawkish BOJ policymaker calls for rate hike once every few months | The Mighty 790 KFGO | KFGO
1+ day, 12+ hour ago (458+ words) KOBE, Japan, June 25 (Reuters) " The Bank of Japan should raise interest rates once every few months and stand ready to speed up the pace of hikes, hawkish board member Naoki Tamura said, highlighting the bank's focus on "inflationary risks from…...
Australia May household spending climbs 1. 3%, reversing April drop
1+ day, 16+ hour ago (113+ words) SYDNEY, June 25 (Reuters) " Australian household spending rebounded in May "as travel returned "to normal after a war-induced drop in April, data showed on "Thursday, "suggesting consumer "demand was holding "up in the face of higher borrowing costs and fuel "prices....