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Japan's wholesale inflation hits 4%, keeps BOJ under pressure
Wholesale price index hits record high for 8th straight monthSlowdown due to yen's rebound, falling commodity costsFirms continue to charge more for food, beverage, farm goodsNot much impact seen yet from US tariffs, BOJ saysBy Leika Kihara TOKYO, May 14 (Reuters) - Japan's wholesale infl...Reuters
Wed, May 14
Lower food prices tame US consumer inflation in April, tariffs squeeze awaited
WASHINGTON, May 13 (Reuters) - U.S. consumer prices rebounded moderately in April as declining food costs partially offset rising rents, leading to the smallest annual increase in four years, but the inflation outlook remains unclear against the backdrop of tariffs.Reuters
Wed, May 14
Trump calls on Fed to cut rates, saying prices of 'practically everything' are down
May 13 (Reuters) - U.S. President Donald Trump on Tuesday repeated his call for the Federal Reserve to lower interest rates, saying prices for gas, groceries and "practically everything else" are down."No Inflation, and Prices of Gasoline, Energy, Groceries, and practically everything el...Reuters
Wed, May 14
Fed seen on track for rate cuts in Sept, Oct after CPI data
May 13 (Reuters) - Traders on Tuesday leaned into bets the Federal Reserve will not start cutting interest rates until September after a government report showed consumer prices increased less than expected last month.Financial markets after the report reflected expectations for the Fed to deliver jReuters
Wed, May 14
Global EV sales rise in April despite trade disruptions, research finds
By Alessandro Parodi May 14 (Reuters) - Global sales of electric and plug-in hybrid vehicles rose 29% year-on-year in April, with stable growth in China and Europe despite trade tensions, while North America recorded the first fall since last September, data showed on Wednesday.European EV sales ...Reuters
Tue, May 13
Vermont governor pauses electric vehicle requirements
By David Shepardson WASHINGTON, May 13 (Reuters) - Vermont Governor Phil Scott paused the state's electric vehicle sales requirements for passenger cars and medium and heavy-duty trucks on Tuesday, amid broader concerns about the feasibility of zero-emission vehicle rules pioneered by Califor...Reuters
Tue, May 13
Trump to remove US sanctions on Syria in major policy shift
Trump lifts Syria sanctions after Saudi, Turkish contactsSyrian minister says US has chance for 'historic peace' deal in SyriaUN welcomes sanctions relief to aid Syria's reconstructionIsrael has warned West against establishing ties with SharaaBy Gram Slattery, Pesha Magid, Nafisa Eltahi...Reuters
Tue, May 13
CORRECTED-TREASURIES-US yields rise as tariff outlook outweighs tame inflation
Headline CPI lower than expected, but some goods up sharply Fed still widely viewed to be cautious in cutting ratesAnalysts now focus on tax cut, budget discussion in CongressBy Tatiana Bautzer NEW YORK, May 13 (Reuters) - U.S. Treasury yields rose on Tuesday as lower-than-expected April inflatio...Reuters
Tue, May 13
Vermont governor pauses electric vehicle requirements
WASHINGTON, May 13 (Reuters) - Vermont Governor Phil Scott on Tuesday paused the state's electric vehicle sales requirements for passenger cars and medium and heavy-duty trucks, citing concerns automakers could limit gas-powered vehicles to dealers in the state.Vermont is one of 11 states that h...Reuters
Tue, May 13
Fed to stay patient amid cooling trade war and inflation
Wall Street firms lower recession predictions after U.S.-China trade dealFed now expected to deliver gradual rate cuts starting later in the yearEconomists anticipate goods prices to rise due to tariffsApril inflation came in cooler than expectedBy Ann Saphir May 13 (Reuters) - Tamer-than-expecte...Reuters
Tue, May 13
Forex Today: Tariff developments and inflation in Germany come to the fore
The US Dollar gave back a big chunk of Monday’s strong gains on Tuesday, as markets weighed the implications of the latest US-China trade deal, easing inflationary pressures, and growing speculation that the Federal Reserve could cut interest rates in the third quarter.
Fxstreet
Tue, May 13
Small businesses press US trade court to block Trump tariffs
Case is first major U.S. legal test of Trump's tariffs Plaintiffs argue Trump's tariffs exceeded his authorityTrump imposed tariffs while declaring 'national emergency' By Dietrich Knauth, Blake Brittain NEW YORK, May 13 (Reuters) - Five American small businesses asked a U.S. cour...Reuters
Tue, May 13
