Two major events in the US are closely watched today. The May CPI report and the USD 39B 10-year Treasury auction converge to test sentiment in the bond market. The May consumer price index (CPI) will offer the clearest signal yet of whether tariffs are beginning to filter through to consumer prices. Economists expect a […]
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As the warm spring days transition into hot summer ones, consumers will be looking to take time out for a cool, refreshing treat of ice cream, frozen custard, gelato, frozen yogurt, or Italian ice from Read more…
ECB Executive Board Member Isabel Schnabel signaled today that the central bank’s monetary easing cycle is “coming to an end,” citing stable medium-term inflation forecasts and improving macroeconomic conditions. Speaking with notable confidence, Schnabel downplayed Read more…