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Tag: US Inflation rises

GBP/USD Forecast: UK Inflation Steadies, US Inflation Rises

Annual inflation in the UK maintained at the rate of 4.0%. The US released an upbeat inflation report showing persistent inflation. The possible timing for Fed...

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EUR/USD Weekly Forecast: US Inflation Rises by Most in 6 Months

Inflation in the eurozone was only slightly higher than initially anticipated in January. Consumer spending in the US increased by 1.8% in...

GBP/USD Weekly Forecast: Dollar to Gain Amid Upbeat Data

A poll revealed a surprisingly strong rebound in business activity in the UK. The Fed’s preferred measure of inflation rose by 0.6%...

US Inflation Remains Scorching Hot, Jumping to 9.1% in June — White House Says CPI Data Is Already ‘Out-of-Date’

According to the latest Bureau of Labor Statistics Consumer Price Index (CPI) report, U.S. inflation remains scorching hot as it has risen at the...

US Inflation Spiked 8.6%, Highest in 40-Years — Economist Says We’re Not ‘Seeing Any Signs That We’re in the Clear’

After April’s consumer price index (CPI) report was published, a number of American economists and bureaucrats said that inflation had peaked and it was...

Data Shows US Consumer Prices Hit a 40-Year High, Biden Blames Inflation on ‘Putin’s Aggressive Actions’

Data Shows US Consumer Prices Hit a 40-Year High, Biden Blames Inflation on 'Putin’s Aggressive Actions'Following the record 7.5% high for January, the U.S. Labor Department’s Consumer Price Index (CPI) data shows February’s CPI metrics rose to 7.9%. The CPI data published on Thursday is a new 40-year high and month over month, inflation jumped by 0.8%. President Joe Biden is blaming the inflation spike on Russia’s invasion, as he […]

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