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Inflation Surge to 3-Year High Raises Concerns for Mortgage Rates

Inflation Surge to 3-Year High Raises Concerns for Mortgage Rates

Inflation Surge to 3-Year High Raises Concerns for Mortgage Rates

World markets feel the strain as US–Iran war grinds on

World markets feel the strain as US–Iran war grinds on

By Karin Strohecker and Dhara Ranasinghe LONDON, May 12 (Reuters) - From a rout in Asian currencies to the closure of a low budget U.S. airline, the dragging Middle East conflict is starting to bite across the globe and test the resilience of financial markets.

AI rally pauses as Middle East ceasefire goes on 'life support'

AI rally pauses as Middle East ceasefire goes on 'life support'

SINGAPORE, May 12 (Reuters) - Oil crept higher and the dollar rose on Tuesday as hopes faded for a deal to get ships moving through the Strait of Hormuz, while a red-hot chip rally in chip stocks cooled and traders waited on U.S. inflation figures. U.S.

Goldman Sachs delays Fed cut outlook to December 2026 as Iran war drives US inflation

Goldman Sachs delays Fed cut outlook to December 2026 as Iran war drives US inflation

May 11 (Reuters) - Goldman Sachs has pushed back its forecast of U.S. Federal Reserve rate cuts to December 2026 and March 2027 from its previous outlook of cuts in September and December this year, saying high energy prices would likely keep inflation elevated.

U.S. Treasury Yields Rise Amid Inflation Concerns and Federal Reserve Uncertainty

U.S. Treasury Yields Rise Amid Inflation Concerns and Federal Reserve Uncertainty

U.S. Treasury Yields Rise Amid Inflation Concerns and Federal Reserve Uncertainty

BofA and Goldman Sachs Delay U.S. Federal Reserve Rate Cut Expectations Amid Inflation Concerns

BofA and Goldman Sachs Delay U.S. Federal Reserve Rate Cut Expectations Amid Inflation Concerns

BofA and Goldman Sachs Delay U.S. Federal Reserve Rate Cut Expectations Amid Inflation Concerns

Trading Day: AI beats Iran impasse

Trading Day: AI beats Iran impasse

By Jamie McGeever ORLANDO, Florida, May 11 (Reuters) - U.S. and world stocks touched new highs on Monday, as artificial intelligence fever continued to outweigh the prolonged U.S.-Iran impasse.

U.S. Stock Futures Decline as Wall Street Awaits Inflation Data Amid Iran Tensions

U.S. Stock Futures Decline as Wall Street Awaits Inflation Data Amid Iran Tensions

U.S. Stock Futures Decline as Wall Street Awaits Inflation Data Amid Iran Tensions

Dollar steady as Middle East peace hopes recede

Dollar steady as Middle East peace hopes recede

By Ankur Banerjee SINGAPORE, May 12 (Reuters) - The U.S. dollar held its ground on Tuesday as talks to end the war in the Middle East showed no signs of progress, pushing oil prices higher and worrying investors that interest rates may need to stay higher to tackle inflationary pressures.

US consumer prices increase further in April

US consumer prices increase further in April

By Lucia Mutikani WASHINGTON, May 12 (Reuters) - U.S. consumer prices rose at a brisk clip for a second straight month in April, resulting in the largest annual increase in inflation in nearly three years and further bolstering expectations the Federal Reserve would keep interest rates unchanged for

Nasdaq Futures Decline as Wall Street Awaits Inflation Report Amid US-Iran Tensions

Nasdaq Futures Decline as Wall Street Awaits Inflation Report Amid US-Iran Tensions

Nasdaq Futures Decline as Wall Street Awaits Inflation Report Amid US-Iran Tensions

Brazil's April inflation matches forecasts despite growing external risks

Brazil's April inflation matches forecasts despite growing external risks

SAO PAULO, May 12 (Reuters) - Brazil's inflation was in line with market expectations in April, official data showed on Tuesday, with the 12-month rate remaining within the central bank's target range even as policymakers warn of risks from the Middle East conflict.