6.5% producer inflation: The problem rate hikes can’t solve
Part one of this series closed on a single question: whether the pipeline agrees with the pump. Thursday answered it emphatically.
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The ECB dilemma: Higher inflation, weaker growth and no clear rate path
The European Central Bank (ECB) raised interest rates on Thursday as the war in Iran and energy disruptions revive inflationary pressures in the Eurozone.
Indonesia surprise rate hike may not be enough to save the Rupiah
The surprise rate hike from Bank Indonesia, aimed at protecting the Indonesian Rupiah from sliding further, seems to have worked for now. The rate increase definitely helps, but there’s more work to do if Jakarta wants to ease investors’ concerns for good.
$4000 at risk: Gold sellers refuse to give up amid hot US inflation, Mideast tensions
Gold pauses its recovery from seven-month lows of $4,024 in Wednesday’s Asian trading, after facing fresh offers above the $4,100 level. Gold sellers refuse to give up despite the continued hostilities in the Middle East.
$4,000 at sight: Gold bleeding continues as Middle East crisis escalates, Fed hike coming
Spot Gold extends its slump on Wednesday, and approaches the 2026 low posted in March at $4,098.
4.2% headline, 0.2% core: Why the Fed’s next hike may be targeting the wrong problem
May’s Consumer Price Index (CPI) put headline inflation at 4.2% on the year, up from 3.8% in April and the hottest reading since April 2023, while core prices rose just 0.2% on the month, undershooting the 0.3% consensus and halving April’s pace.