Bitcoin price targets $79K as US PPI inflation hits highest since 2022 Bitcoin slipped further below the $80,000 mark as US PPI data compounded the inflation problem from the US-Iran war and associated high oil prices. Bitcoin (BTC) fell below $80,000 into Wednesday’s Wall
poll: The Bank of England are to hold bank rate at 3.75% this year, said 27 of 56 economists; seven saw at least one cut, 22 saw at least one increase. UK inflation to average 3.2% and economic growth 0.8% in 2026 (vs 3.2%, 0.7% in April poll). 9:48 May 13GBPUK| FJ
Editor’s note: This article was updated to add details and context. U.S. producer prices jumped the most since 2022 last month as the Strait of Hormuz energy shock continued to feed through the inflation pipeline, adding fresh concerns over the Federal Reserve’s rate outlo
Wholesale prices in April rose the most in three years, signaling more nettlesome inflation as pipeline costs intensify. The producer price index rose a seasonally adjusted 1.4% for the month, much higher than the 0.5% Dow Jones consensus forecast and the upwardly revised
US annual producer inflation climbs to 6% in April vs. 4.9% expected Producer inflation in the United States, as measured by the change in the Producer Price Index (PPI), rose to 6% on a yearly basis in April from 4.3% in March, the US Bureau of Labor Statistics (BLS) reported on
Prior month 0.5% MoM and 4.0% YoY Prior month ex food and energy 0.1% MoM and 3.8% YoY PPI MoM 1.4% versus 0.5% estimate PPI YoY 5.2% versus 4.3% estimate PPI ex food and energy MoM 1.0% vs 0.3% estimate PPI ex food and energy YoY 5.2% vs 4.3% estimate eg Michalowski
Social Security Could Face Insolvency in 6 Years. These 3 Developments Could Accelerate That Timeline -- and Here's How to Plan Ahead Social Security's solvency isn't just on a countdown clock. That clock's picking up speed. Previously expected to last until 2033, t
US equity futures show minimal movement ahead of key inflation data that could influence Federal Reserve policy expectations. Dow Jones futures traded flat at 49,850 in European hours Wednesday, reflecting cautious sentiment before the release of US producer price index da
Investors weigh inflation risks ahead of key producer price figures following hotter-than-expected CPI readings. Dow Jones futures hover near 49,850 in early European trading, showing little change as markets await US Producer Price Index data. S&P 500 futures edge up 0.24
US inflation rises 3.8% year over year in April The April US inflation data showed a year-over-year increase of 3.8%. This number is higher than the 3.3% increase seen in the previous period. The inflation rate was largely in line with consensus estimates,
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