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Key inflation gauge remains elevated during Iran war and ongoing US trade fights

Key inflation gauge remains elevated during Iran war and ongoing US trade fights

An inflation measure closely watched by the Federal Reserve was unchanged last month in the latest sign that many Americans are still struggling with higher costs
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New US single-family home sales slide in July, confidence dips in August

New US single-family home sales slide in July, confidence dips in August

By Dan Burns Aug 25 (Reuters) - Sales of new U.S. single-family homes tumbled in July as high mortgage rates weighed on the market and continued to sideline potential home buyers, while consumer confidence slid to a seven-month low on darkening outlooks for the job market and inflation.
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US data buoys dollar as Fed hike expectations nudged higher

US data buoys dollar as Fed hike expectations nudged higher

By Chuck Mikolajczak NEW YORK, Aug 26 (Reuters) - The dollar advanced on Wednesday after a batch of U.S. economic data, including a reading on inflation, that slightly pushed up expectations for a rate hike from the Federal Reserve ahead of the Jackson Hole symposium of central bankers this week.
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US inflation remains sticky in July; 2nd-quarter GDP unrevised at 1.5%

US inflation remains sticky in July; 2nd-quarter GDP unrevised at 1.5%

Aug 26 (Reuters) - Annual U.S. inflation unexpectedly held steady in July well above the Federal Reserve's 2% target for the 65th straight month, and the pause in the decline from a recent Iran-war induced peak is likely to add to the central bank's tense debate over whether interest rates should be
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Falling oil prices help calm the stock and bond markets

Falling oil prices help calm the stock and bond markets

Oil prices are falling again, which is helping to ease worries in the bond market and support stock prices
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Explainer-Jackson Hole's big question: who pays the government's bill?

Explainer-Jackson Hole's big question: who pays the government's bill?

Aug 25 (Reuters) - Rising borrowing costs for heavily indebted governments and growing strains in sovereign bond markets are forcing investors to confront a question once considered unthinkable: will central banks ultimately be called on to help pay the bill?
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Bond market anxiety raises stakes for Warsh's debut Jackson Hole speech

Bond market anxiety raises stakes for Warsh's debut Jackson Hole speech

By Howard Schneider WASHINGTON, Aug 24 (Reuters) - U.S.
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Dollar hovers near multi-month lows as debt nerves unnerve investors

Dollar hovers near multi-month lows as debt nerves unnerve investors

By Tom Westbrook and Johann M Cherian Aug 24 (Reuters) - The U.S. dollar hovered near multi-month lows on Monday in a market unsettled by the U.S.
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US inflation remains sticky in July; second-quarter GDP growth unrevised at 1.5%

US inflation remains sticky in July; second-quarter GDP growth unrevised at 1.5%

Aug 26 (Reuters) - Annual U.S. inflation unexpectedly held steady in July well above the Federal Reserve's 2% target for the 65th straight month, and the pause in the decline from a recent war-induced peak is likely to intensify the central bank's debate over whether interest rates should be lifted
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Dollar pinned at multi-month lows as debt nerves unnerve investors

Dollar pinned at multi-month lows as debt nerves unnerve investors

By Tom Westbrook and Johann M Cherian Aug 24 (Reuters) - The U.S. dollar hovered near multi-month lows on Monday in a market unsettled by the U.S.
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Dollar higher after Iran sanctions, loonie drops after US announces tariff increases

Dollar higher after Iran sanctions, loonie drops after US announces tariff increases

By Chuck Mikolajczak NEW YORK, Aug 24 (Reuters) - The U.S. dollar advanced on Monday, coming off its third weekly decline in four that sent the greenback to three-month lows after President Donald Trump's administration announced an expansion of sanctions on Iran and separate tariffs on goods from
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Dollar trading near multi-month lows, restrained by debt nerves

Dollar trading near multi-month lows, restrained by debt nerves

By Tom Westbrook SINGAPORE, Aug 24 (Reuters) - A wavering dollar teetered near multi-month lows on Monday in a market unsettled by the U.S. Treasury's promise to buy back more long bonds, while traders awaited details of sanctions on Iran and on policy speeches this week in the U.S. and Japan.