U.S. Highlights The consumer price index (CPI) report showed that both overall and core price pressures eased a touch in year-over-year terms in April. Overall inflation fell to 8.3% y/y from 8.5% in the month prior, while core inflation fell to 6.2% from 6.5%. The producer price index (PPI) report echoed a similar message, with […]
The post The Weekly Bottom Line: Slight Pullback in Inflation Won’t Change Fed’s Mind appeared first on Action Forex.
The euro has posted gains on Friday. In the European session, EUR/USD is trading at 1.1325, up 0.37% on the day. Today’s gains follow a three-day slide. US nonfarm payrolls came in at 177 thousand, Read more…
The U.S. economy added 177k jobs in April, slightly above the consensus forecast of 135k. Revisions for the prior two months subtracted a total of 58k jobs. Smoothing through the volatility, non-farm payrolls averaged 155k Read more…
If you’re in the market for a new outfit or addition to your wardrobe, you probably know of a few reliable places to look. The local mall or plaza likely has a few trusty stores Read more…