United States Redbook Index (YoY) fell from previous 6.3% to 5.5% in May 17

May 21, 2024

Breaking: Canada CPI inflation declines to 2.7% in April as expected

Inflation in Canada, as measured by the change in the Consumer Price Index (CPI), declined to 2.7% on a yearly basis in April from 2.9% in March, Statistics Canada reported on Tuesday.

Fed's Bostic: Fed has to be cautious about first rate move

Atlanta Federal Reserve President Raphael Bostic said on Tuesday that the restrictive monetary policy is having an impact on rate-sensitive sectors and delaying investment, per Reuters.