The Federal Reserve's preferred inflation gauge showed prices heated up to the highest level in three years, likely keeping the central bank holding interest rates steady with an eye toward hiking if inflation doesn't dissipate. The Personal Consumption Expenditures index rose 4.1% in May, in line with expectations, and up from 3.8% in April. Month over ...

The US is trying to find a solution . There are some modest bids in oil creeping in after an Al Arabiya report on negotiations between Israel and Lebanon. The report says negotiations have hit a dead on because Israel is insisting on maintaining occupation of southern Lebanon. They want a buffer zone and the ability to operate freely within it. The US side ...

Silver has lost roughly half its value since peaking at an all-time high in January amid a broad shakeout in precious metals prices. But it has also dropped by more than a third against gold, and charts suggest it is knocking on the door of levels that could spark further losses against the yellow metal. The troubles for both gold and silver started on ...

*IRAN PROPOSES CHARGING FEES IN HORMUZ WITH GULF NEIGHBORS: WSJ *IRAN ESTIMATES $40B A YEAR IN REVENUE FROM HORMUZ: WSJ IRAN PITCHED PLAN TO CHARGE IN STRAIT AS FAR AS BEIJING - WSJ TEHRAN PITCHING IDEA TO THE MIDDLE EAST AND BEIJING - WSJ ANY SERVICE FEES LEVIED BY IRAN WOULD NEED OK BY IMO - WSJ

2026 began with two strongly divergent market narratives around inflation. On one hand, precious metals prices soared in 2025 through late January this year as investors braced for higher inflation, concerns over central bank independence and fiat-currency debasement. Conversely, U.S. Treasury yields generally declined in 2025 and continued to drift lower ...

Fed’s Cook Ruling Likely Next Week As SCOTUS Finishes Opinions Supreme Court: Monday will be the next opinion day

The Personal Consumption Expenditures index — the Federal Reserve's preferred inflation measure — rose at a 4.1% annual rate in May, highlighting the central bank's challenge in reining in prices. The reading matched economists' forecasts for the PCE report to come in at 4.1% annually, according to financial data service FactSet. That compares with an ...

The Conference Board Leading Economic Index®(LEI) for China ticked down by 0.1% in May 2026 to 148.8 (2016=100), after declining by 0.9% in April. As a result, the LEI contracted by 1.4% over the six-month period from November 2025 to May 2026, a slightly smaller rate of decline compared to the 1.9% contraction over the previous six-month period between May ...

US inflation increased further in May, breaking above 4.0 percent for the first time in three years as the Middle East conflict boosted energy prices, and potentially drawing the Federal Reserve closer to raising interest rates this year. The personal consumption expenditures price index surged 4.1 percent in the 12 months through May, the largest increase ...

Durable Goods Orders in the United States (US) declined by 4.5%, or $15.6 billion, in May to $332.1 billion, the US Census Bureau reported on Thursday. This reading followed the 8.5% increase recorded in April and came in line with the market expectation. "Excluding transportation, new orders increased 1.3 percent," the press releases noted. "Excluding ...

Personal income increased $181.6 billion (0.7 percent at a monthly rate) in May, according to estimates released today by the U.S. Bureau of Economic Analysis (BEA). Disposable personal income (DPI)—personal income less personal current taxes—increased $164.9 billion (0.7 percent), and personal consumption expenditures (PCE) increased $156.1 billion (0.7 percent). Personal outlays—the sum of PCE, personal interest payments, and personal current transfer payments—increased $159.9 billion in May. Personal saving was $704.2 billion in May, and the personal saving rate—personal saving as a percentage of DPI—was 3.0 percent. The increase in current-dollar personal income in May primarily reflected increases in farm proprietors’ income and compensation. The $156.1 billion increase in current-dollar PCE in May reflected increases of $94.3 billion in spending on services and $61.8 billion in spending on goods. Core inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows The Federal Reserve’s primary price gauge rose at its highest core level since 2023, reinforcing the central bank’s recent tough talk on inflation. The personal consumption expenditures price index showed inflation running at a seasonally adjusted 4.1% annual rate, the highest since April 2023, according to a Commerce Department report Thursday. On a monthly basis, PCE accelerated 0.4%. The annual level was in line with the Dow Jones consensus estimate while the monthly reading was 0.1 percentage point below. Stripping out food and energy, core PCE showed a 3.4% annual rate after rising 0.3% for the month, both in line with consensus. The core reading was the highest since October 2023. Core PCE was 0.32% in May, on the low side of expectations but still the fourth highest monthly print in the last 12 months (3.9% annualized) The 12-month change, at 3.4%, is the highest reading since Oct. 2023. The 6-month annualized rate is above 4%. pic.twitter.com/Y5lHnFzbBM

Real gross domestic product (GDP) increased at an annual rate of 2.1 percent in the first quarter of 2026 (January, February, and March), according to the third estimate released today by the U.S. Bureau of Economic Analysis. In the fourth quarter of 2025, real GDP increased 0.5 percent. Real GDP was revised up 0.5 percentage point from the second estimate, ...