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10/06/2026
Czech National Bank: It is expected that the overall inflation rate for the remaining time this year will fluctuate between 2% and 3%.
Latest
2 m ago
"Fed Whisperer" Nick Timiraos: Core CPI rose 0.21% in May, very close to expectations, which pushed the 12-month measure to 2.9%. This is the first time since December 2022 that the 12-month core CPI reading has been higher than the reading for the same period of the previous year.
3 m ago
"Federal Reserve whisperer" Nick Timiraos: The month-on-month core CPI rose by 0.21% in May, which is very close to expectations, pushing the 12-month core CPI annual rate to 2.9%.
3 m ago
The impact of the Iran war on energy prices has once again accelerated inflation in the United States in May, but a key measure of underlying inflation increased less than expected. Data released by the US Bureau of Labor Statistics on Wednesday showed that overall CPI rose 4.2% year-on-year in May, the largest increase since early 2023. Excluding food and energy, core CPI increased 0.2% month-on-month, lower than the expected 0.3%; and rose 2.9% year-on-year. Despite the significant increase in overall CPI driven by energy, the report details a more moderate picture: transportation services, health insurance, and new car prices all saw declines. This is little comfort to consumers - economists expect future prices to continue to rise, which may keep the option of interest rate hikes on the discussion agenda for Fed officials this year. Even if the conflict quickly subsides and oil production returns to normal, cost pressures are unlikely to ease. In addition to the initial impact on energy prices, disruptions in the fertilizer market may eventually push up prices for groceries, while rising transportation costs will also drive up prices for various consumer goods.
5 m ago
German Chancellor talks about nuclear deterrence: Hope to fully tap into the potential of our unmanned drone technology in Germany.
5 m ago
Guotai Junan International (06058) subsidiary sells bonds with a total principal amount of 100 million yuan.
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