Apr. Inflation Milder Than Expected
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US stock futures are little changed as investors await new inflation data and next moves from the Trump administration on tariffs.
US consumers hit the brakes in April after the strongest month of spending since early 2023 while inflation remained tame, consistent with a slowing economy.
The weakness in the US dollar has created real room for the Reserve Bank of India (RBI) to lower interest rates further by up to 75 basis points (bps) by the end of calendar year 2025, according to a report by global financial services firm Jefferies.
Americans’ views of the economy improved in May after five straight months of declines sent consumer confidence to the lowest level since the onset of the COVID-19 pandemic, largely driven by anxiety over the impact of President Donald Trump’s tariffs.
The economy's near-term outlook deteriorated sharply in April, according to the Conference Board's latest Leading Economic Index.
Investment managers must study developments in geopolitics, energy supply, demographics and sociology when predicting inflation trends, rather than jumping to simplistic conclusions.
U.S. households reported little change in their economic well-being last year, with the cost of living remaining a top concern but nearly three-quarters of adults saying they were "doing OK or living comfortably,