Core PCE picked up in March when drawn to two decimal places Compounding effects are large for year-over-year figures To the naked eye, a key US inflation metric held steady in March. But look a little closer at two or three decimal places and you’ll see that it...

Another hot inflation reading reinforces that any near-term interest rate cuts are less likely as the Federal Reserve shifts to a higher-for-longer stance. The Fed's preferred inflation measure — the "core" Personal Consumption Expenditures index that excludes...

Short-term inflation views rose to 3.2% in April from 2.9% University of Michigan sentiment index at 77.2 vs 79.4 US consumer sentiment fell in April on dimmer views of personal finances and the economy as inflation expectations climbed. The University of Michigan’s...

Higher-for-longer rate settings reshape market outlook Guggenheim favors corporate bonds, Standard likes German bunds Major advanced economy central banks are likely to take back less than half of the interest-rate hikes they rammed through over the past two years —...

China’s Wang Yi sees rising ‘negative factors’ in relationship Blinken warns Asian nation on supporting Russia’s war machine President Xi Jinping warned America’s top diplomat that the US shouldn’t target or oppose China, as the world’s largest economies wrapped two...

BHP’s bid for Anglo American shows that copper will be key for the energy transition as the world electrifies. But more needs to be done to ensure there’s ample supply. The metals industry is abuzz with a possible £31 billion ($39 billion) takeover of Anglo American...