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finance.yahoo.comEconomists expect headline inflation to decline 0.1 percent month over month. The reading would mark the softest monthly change since June 2025.
upi.comA Federal Reserve official said he is not interested in symbolic rate hikes and prefers an inflation target range of 1.5% to 2.5% rather than a single 2% point target. The comments address the central bank's approach to setting interest rates.
cnbc.comFederal Reserve Governor Christopher Waller said an above-target core inflation reading this week would require the FOMC to consider raising rates soon. He added that several months of cooler data are needed before he would view inflation as clearly declining toward the 2 percent…
Los Angeles TimesInvestment by four large technology companies is expected to reach $720 billion this year, mostly for data centers. The spending has raised prices for memory chips and electricity, with some consumer electronics already costing more.
forexlive.comEconomists anticipate the Bank of Canada will leave its policy rate unchanged for a sixth straight meeting. Inflation remains above target while economic growth stays subdued.
Washington ExaminerInflation climbed from 2.4% in January to 4.2% last month after energy prices increased during the war in Iran. Economists and Federal Reserve officials say the monetary conditions that produced nearly 9% inflation in 2022 are not present.
India's headline inflation for June topped economists' expectations of a 4.30% increase. Higher food and transport prices added pressure amid resumed Iran-U.S. tensions and monsoon shortfalls, Cnbc reported.
YonhapThe Bank of Korea is set to lift its policy rate to 2.75 percent at its July 16 meeting, the first increase since January 2023. The move would end an eight-meeting pause that began in July 2025.
inman.comExisting-home sales declined 2.4 percent in June to a seasonally adjusted annual rate of 4.09 million units. The national median sales price rose 1.8 percent to $440,600, an all-time high.
One Nation treasury spokesman Barnaby Joyce said the party would review the Reserve Bank of Australia’s operations and scope. He argued the central bank should advise the government on spending and regulation to reduce inflation.
freepressjournal.inRefined fuel prices in the United States and Europe have increased even as global crude benchmarks declined. The divergence has raised costs for summer travelers and added to inflation concerns.
nbcnews.comA Federal Reserve report found that first-quarter 2026 growth was supported by high-tech investment and government spending. Long-term inflation expectations remained broadly consistent with the 2 percent target.
Hotel prices in the Netherlands increased 21 percent in May, adding 0.4 percentage points to the monthly inflation rate. The European Central Bank cited concert-related hotel costs when discussing services inflation before raising its benchmark rate.
france24.comFrance's final consumer price index for June increased 1.8 percent from a year earlier. The month-over-month reading declined 0.3 percent, exceeding the expected drop.
upi.comDomestic corporate goods prices in Japan increased 7.1% from a year earlier and 0.3% from the prior month. Both readings exceeded forecasts compiled by the Bank of Japan.
benzinga.com@FirstSquawk reported that ECB accounts show headline inflation set to increase further over the summer. The projections indicate inflation staying well above target through the first half of 2027 despite nearly three embedded 25-basis-point rate hikes.
abcnews.go.comThe Federal Reserve Bank of New York reported that 47 percent of service firms and 44 percent of manufacturers expect to raise prices due to tariffs. Some companies are delaying increases until contracts expire while others are spreading them over time.
YonhapThe Bank of Korea governor told lawmakers Thursday that a rate hike may be needed at an appropriate time. The central bank will weigh inflation above target, growth prospects, and financial stability risks before its next policy meeting.
The GuardianU.S. stock markets declined Wednesday after renewed U.S. strikes on Iran and comments from President Trump declaring the ceasefire over. Oil prices jumped more than 5 percent while the Federal Reserve signaled possible rate increases.
Minutes from a recent policy meeting indicated some officials expressed support for higher interest rates. The discussion reflected concerns over inflation reaching a three-year high.
Walmart announced cuts on thousands of products including beef, Coca-Cola and laundry detergent. The reductions took effect last week and cover seasonal summer goods sold in stores and online.
focustaiwan.twA wealth management firm reported that the U.S. created roughly 1,200 new millionaires each day last year. The same data showed the top one percent of households held 31.6 percent of wealth while the bottom half held 2.5 percent.
bangkokpost.comA flash estimate from the statistics office showed consumer prices increased 1.5% from a year earlier in June. The data was released on Tuesday.
riotimesonline.comBusinesses in the United Kingdom lifted their expected own-price inflation for the next 12 months to 4.1 percent in the three months ending June, up 0.1 percentage point from the prior period.
abcnews.go.comThe unemployment rate declined to 4.2 percent in the latest reading. Average hourly earnings showed no change, leaving the Federal Reserve chairman room to focus on inflation.
YonhapSouth Korea's consumer prices increased 3.2 percent year-on-year in June, the second straight month above 3 percent and the sharpest rise since December 2023. Fuel prices rose 24.7 percent and contributed nearly one percentage point to the headline figure.
washingtonpost.comCouples increased wedding-related outlays by 8.5 percent compared with 2025. Bank of America Institute data linked the increase to higher prices for imported goods and broader inflation that reached 4.2 percent in May.
winnipegfreepress.comAn official at the European Central Bank Forum on Wednesday said repeated questions about interest rate plans would not produce additional details. The official also stated that inflation risks have declined while reaffirming a 2% target.
cnbc.comKevin Warsh stated that inflation risks have declined in recent weeks while reaffirming the Federal Reserve's 2% target. He spoke at the European Central Bank's annual forum in Sintra on July 1 and declined to preview the July 29 rate decision.
forbes.comPreliminary data showed Eurozone core inflation at 2.4 percent for June, below the 2.5 percent forecast. The headline CPI reading came in at 2.8 percent.
Preliminary German consumer price data for June showed annual inflation at 2.3 percent, missing consensus expectations. Month-over-month CPI declined 0.3 percent against a flat forecast.
EuronewsThe Statistical Centre of Iran reported the Consumer Price Index for 22 May to 21 June 2026 was 88.6 percent higher than the same period a year earlier. Central Bank figures showed a slightly lower year-on-year rate of 83.1 percent for the same interval.
benzinga.comPreliminary figures showed Italy's consumer prices increased less than expected in June. The harmonised index gained 3.1 percent from a year earlier against a 3.2 percent forecast.
news.sky.comSpanish consumer prices rose more than expected in the latest monthly reading. The increase marks the first inflation data released since the US-Iran peace deal took effect.
winnipegfreepress.comPreliminary data showed Spain's consumer prices up 3.2 percent from a year earlier in June, above the 3.0 percent consensus. The month-over-month reading reached 0.6 percent.
usatoday.comEsther George, who served on the rate-setting committee for more than a decade, told Fortune that long-term financial planning should assume higher borrowing costs. She said inflation remains above the 2% target and the economy's resilience could require tighter policy.
ibtimes.co.ukFederal Reserve Bank of Richmond President Tom Barkin said recent inflation figures remain too high during an interview at the Aspen Ideas Festival. The personal consumption expenditures index rose 4.1% in the year through May, Fortune reported.
cnbc.comFederal Reserve Bank of Minneapolis President Neel Kashkari said persistent inflation signals prompted him to include one interest-rate increase in the central bank's June economic projections.
abcnews.go.comMinneapolis Federal Reserve President Neel Kashkari said he now expects one interest-rate increase by the end of 2026 after previously forecasting a cut. The change follows a Commerce Department report showing headline PCE inflation at 4.1 percent.
Officials expressed concern over inflation, particularly in services, and noted signs of improvement in the labor market. They described the removal of forward guidance language as an appropriate step and said they would monitor its effects.
citizen.co.zaSurvey data released for May showed one-year consumer price expectations in the euro area declined more than forecast. Three-year expectations edged lower from the prior reading.
investors.comA Federal Reserve Bank of Chicago president stated that core inflation is still too high and moving in the wrong direction. The comment comes as officials continue to monitor price trends.
cnbc.comA Federal Reserve official stated that price pressures are expected to stay elevated in the near term and described the current policy stance as fitting existing conditions. No signals were given about near-term interest rate changes.
cnbc.comThe president of the Federal Reserve Bank of Chicago stated that recent inflation figures contain some positive indicators while overall price pressures stay elevated. The remarks address current readings without referencing specific policy actions.
ibtimes.co.ukChicago Fed President Austan Goolsbee stated in a CNBC interview that the inflation side of the mandate is the clear priority. Core PCE inflation reached 3.4% in May, the highest since October 2023.
forbes.comA Bank of Canada report found Canadians in visited communities expressed worry over living costs and called for housing action. It recorded support for the 2% inflation target alongside reduced trust in official data.
abcnews.go.comMarket pricing shows at least one Federal Reserve rate increase still expected this year even as inflation forecasts near the central bank's 2 percent target. Lower oil prices have helped ease those forecasts, yet traders anticipate rates will remain elevated into 2027.
forbes.comThe Personal Consumption Expenditures index rose 4.1% in May, matching forecasts and marking the highest annual rate since April 2023. Core PCE increased 3.4%, while real consumer spending and incomes both rose 0.3% from April.
riotimesonline.comA closely watched inflation gauge increased in May after energy prices rose amid conflict in the Middle East. The report showed higher costs for gasoline and other fuels.
SemaforSemafor reported that surging demand from AI infrastructure is contributing to inflation even as oil prices fall. Major technology companies have committed tens of billions of dollars to new facilities and power sources.
The S&P 500 fell 0.1 per cent and the Nasdaq composite fell 0.4 per cent while the Dow Jones rose 165 points. Australian sharemarket futures pointed to a 0.4 per cent decline at the open.
middleeasteye.netU.S. Treasury Secretary Bessent stated that officials should maintain flexibility when assessing how the Iran conflict may affect inflation. The comment addresses potential economic consequences tied to ongoing developments in the region.
Major U.S. stock indexes declined Tuesday as technology shares fell amid concerns over possible interest rate increases later this year. The S&P 500 dropped 1.2 percent while the Nasdaq composite fell 1.8 percent.
thehindubusinessline.comMajor U.S. indices declined Tuesday as investors questioned returns on artificial intelligence spending. The Nasdaq Composite dropped 2.4 percent while the S&P 500 fell 1.6 percent.
riotimesonline.comThe S&P Global flash UK composite PMI registered 49.4 for June, below the 50 threshold that signals growth. The reading marks the lowest level since April 2025 and fell short of economists' expectations.
The 10-year note yield climbed over 3 basis points to 4.483 percent. The 2-year note yield also rose over 3 basis points to 4.213 percent. The 30-year bond yield increased over 1 basis point to 4.919 percent.
upi.comThe Bank of Korea said large performance bonuses at Samsung Electronics and SK Hynix could spread into broader wage growth. Shares of major department-store operators have risen sharply on expectations of higher luxury spending.
Atlantic CouncilKevin Warsh held his first press conference as Federal Reserve chair on June 17 and announced changes to the central bank’s communications and internal reviews while inflation stood at 4.2 percent.
koreaherald.comLee directed officials to craft extraordinary measures after consumer prices rose 3.1 percent in May, the fastest pace in 26 months. The meeting occurred at Cheong Wa Dae on June 19, 2026.
Washington ExaminerPresident Donald Trump announced plans to sign a ceasefire agreement with Iran. Crude oil prices dropped below $80 per barrel for the first time since March following the announcement.