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Investors breathed a sigh of relief at the data and pared their bets on a Fed rate hike this month, though analysts warned the latest US-Iran flare-up could complicate matters.”The softer inflation data is likely to be welcomed by Federal Reserve officials, reducing the immediate pressure for further rate hikes,” wrote Fiona Cincotta at City Index.”However, the recent rebound in oil prices and renewed US-Iran tensions could yet complicate the inflation outlook if higher energy costs persist.”And SPI Asset Management’s Stephen Innes added that the “Fed can keep the gun on the table without firing it”.”Markets still price at least…
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Oliver Tree’s mom has paid a moving tribute days after her son was killed in…
The awards were given out during the SOPA Awards’ gala dinner held in Hong Kong…
As extreme weather events become more frequent and destructive, Alberta homeowners are facing steep increases…
By Tamsin Paternoster & Video by Maud Zaba Published on 19/06/2026 – 11:09 GMT+2•Updated 12:34 The UK’s plans…
Knicks fans risked their own safety to save a reveler suffering from a suspected drug…
NEWYou can now listen to Fox News articles! A proposed $300 billion investment fund for…
YANGON: An earthquake monitoring body has called on authorities in Yangon to intensify building inspections,…
Published on 19/06/2026 – 11:28 GMT+2 Russian drones struck two foreign-flagged civilian ships in the…
NEWYou can now listen to Fox News articles! Federal immigration officials are urging New York…
A fire engulfed 12 homes in Spokane, Washington, triggering dozens of evacuations near the impacted area, and…
TOKYO: Rice prices in Japan finally fell in May for the first time in three…
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