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INSTANT VIEW-US inflation tepid in April, consumer spending slows
NEW YORK, May 30 (Reuters) - U.S. inflation was benign in April, with retailers likely still selling inventory accumulated before the tariffs. The Personal Consumption Expenditures (PCE) Price Index rose 0.1% last month after being unchanged in March, data showed.Consumer spending, meanwhile, which ...Reuters
Fri, May 30
TREASURIES- US yields edge higher after inflation data
NEW YORK, May 30 (Reuters) - Yields on two-year Treasury notes were little changed to marginally higher on Friday, after data showed inflation came in line with expectations last month, while consumer spending slowed, suggesting the Federal Reserve remained on track to cut interest rates this year.T...Reuters
Fri, May 30
INSTANT VIEW-Canada's economy grows by 2.2% annualized rate in first quarter
TORONTO, May 30 (Reuters) - Canada's economy grew faster than expected in the first quarter, expanding by a 2.2% annualized rate, data showed on Friday. Market reaction: CAD/LINK: https://www150.statcan.gc.ca/n1/daily-quotidien/250530/dq250530a-eng.htm COMMENTSANDREW GRANTHAM, SENIOR ECON...Reuters
Fri, May 30
German inflation nears ECB target in May but challenges remain
Reuters poll had forecast 2.0%Data comes ahead of ECB meeting next weekCore inflation stubbornly high at 2.8%By Rachel More and Balazs KoranyiBERLIN, May 30 (Reuters) - German inflation eased further in May, bringing it closer to the European Central Bank's 2% target and bolstering the case for ...Reuters
Fri, May 30
INSTANT VIEW-Canada's economy grows by 2.2% annualized rate in first quarter
TORONTO, May 30 (Reuters) - Canada's economy grew faster than expected in the first quarter, expanding by a 2.2% annualized rate, data showed on Friday. Market reaction: CAD/LINK: https://www150.statcan.gc.ca/n1/daily-quotidien/250530/dq250530a-eng.htm COMMENTSDOUG PORTER, CHIEF ECONOMIST...Reuters
Fri, May 30
INSTANT VIEW-US inflation tepid in April, consumer spending slows
NEW YORK, May 30 (Reuters) - U.S. inflation was benign in April, with retailers likely still selling inventory accumulated before the tariffs. The Personal Consumption Expenditures (PCE) Price Index rose 0.1% last month after being unchanged in March, data showed.Consumer spending, meanwhile, which ...Reuters
Fri, May 30
INSTANT VIEW-Canada's economy grows by 2.2% annualized rate in first quarter
TORONTO, May 30 (Reuters) - Canada's economy grew faster than expected in the first quarter, expanding by a 2.2% annualized rate, data showed on Friday. Market reaction: CAD/LINK: https://www150.statcan.gc.ca/n1/daily-quotidien/250530/dq250530a-eng.htm COMMENTSANDREW KELVIN, HEAD OF CANAD...Reuters
Fri, May 30
US goods trade deficit narrows sharply in April as imports plunge
WASHINGTON, May 30 (Reuters) - The U.S. trade deficit in goods narrowed sharply in April as the boost from the front-running of imports ahead of tariffs faded.The goods trade gap contracted 46.0% to $87.6 billion last month, the Commerce Department's Census Bureau said on Friday. Goods impor...Reuters
Fri, May 30
US consumer spending slows in April; inflation rises moderately
WASHINGTON, May 30 (Reuters) - U.S. consumer spending increased marginally in April as a rush to beat higher prices from import duties slowed. Consumer spending, which accounts for more than two-thirds of economic activity, rose 0.2% last month after an unrevised 0.7% jump in March, the Commerce Dep...Reuters
Fri, May 30
