CPI
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financeSouth Korea Inflation Surges to Two-Year High, July Rate Hike Expected
Consumer prices rose 3.1% in May, triggering expectations of a Bank of Korea rate hike at the next meeting in July.
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financeSouth Korea Inflation Hits 3.1% in May, Tops Forecasts
South Korea's CPI surged to 3.1% y/y in May, the highest in over two years, driven by rising oil prices from the Middle East conflict.
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financeBank of England Flags Public-Sector Pay as Inflation Risk
UK public-sector wages rise 4.8% vs 3% private, widening gap. Governor Bailey warns of inflation pressures ahead of June 18 MPC meeting.
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financeUS Inflation Hits 3.8% in April, Wiping Out Rate Cut Hopes
Consumer prices rose 3.8% year-over-year in April, the highest since May 2023. Core CPI also increased, dashing Fed rate cut expectations and raising the odds of a hike.
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financeViral Walmart Receipt from 2006 Sparks Fury Over Soaring Grocery Costs
A 2006 Walmart receipt showing 79 items for $161.87 goes viral, highlighting the dramatic rise in food prices over nearly two decades.
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financeBOJ's New Core Inflation Gauge Hits 2.8%, Widening Policy Dilemma
Japan's central bank reveals a core inflation trend at 2.8%, diverging sharply from official CPI and raising pressure for a rate hike.
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financeFed Holds Rates Steady, Stocks Rise as Oil Drops on US-Iran Truce Hopes
The Federal Reserve left interest rates unchanged, citing persistent inflation. Stocks gained on US-Iran truce optimism, while oil prices retreated.
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financeJamie Dimon Warns of 'Too Much' Market Exuberance as S&P 500 Hits Record High
JPMorgan CEO Jamie Dimon cautions investors about excessive froth and geopolitical risks despite strong corporate earnings and AI-driven rallies.