The Latest Breaking News from Inflation

Inflation cooldown incoming for U.S. economy

Yes, but: New data also showed a gloomier snapshot of the American consumer.

Axios · May 31, 2024

Stocks Falls on Concern about Weaker US Consumer Spending and Chip Stock Weakness

The S&P 500 Index ($SPX ) (SPY ) today is down -0.50%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.36%. US stock indexes saw support early in the session after the as-expected PCE deflator...

Barchart · May 31, 2024

Dollar Drops as Bond Yields Fall on Hopeful US Inflation Report

The dollar index (DXY00 ) today is down -0.21%. The dollar is being undercut by today’s -5 bp decline in the US 10-year T-note yield after the US PCE deflator report was in line with market expectations and kept alive hopes for the Fed to cut interest rates later this...

Barchart · May 31, 2024

US Fed's Favored Inflation Measure Remains Unchanged In April

The US Federal Reserve's favored measure of inflation remained unchanged in April, according to government data published Friday, as services prices remained elevated.

International Business Times · May 31, 2024

Federal Reserve's preferred inflation gauge eased last month for the first time in 2024

A price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that inflation may be easing after running high in the first three months of this year

The Independent UK · May 31, 2024

European Inflation Rises To 2.6%, ECB Expected To Cut Rates

European inflation rises to 2.6% in May, prompting ECB to consider interest rate cut ahead of the U.S. Federal Reserve.

Top News · May 31, 2024

S&P Futures Tick Lower as Investors Await Key U.S. Inflation Data

June S&P 500 E-Mini futures (ESM24) are trending down -0.20% this morning as market participants refrained from making big bets ahead of the release of the Fed’s first-line inflation gauge.

Barchart · May 31, 2024

S&P Futures Tread Water as Investors Await Key U.S. Inflation Data

June S&P 500 E-Mini futures (ESM24) are trending down -0.13% this morning as market participants refrained from making big bets ahead of the release of the Fed’s first-line inflation gauge.

Barchart · May 31, 2024

Inflation ticked up in Europe in May. That likely won't stop a central bank rate cut next week

Inflation ticked up to an annual 2.6% in Europe in May

The Independent UK · May 31, 2024

Nationwide sees higher wages give a small Spring boost to property market

Prices rose at a higher annual rate of 1.3% in May says lender

Evening Standard · May 31, 2024