Fed's Preferred Inflation Gauge Climbs Above Target Range
Over the past year, the PCE index is up by 4.1%, its highest reading since April 2023 and more than double the preferred target rate for the Federal Reserve.
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Iran Plans to Make Billions in Fees From Reopening the Strait of Hormuz
Tehran thinks that charging for security, safety and environmental services in the strait would bring in $40 billion a year for states involved.
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Stocks Mixed as Nasdaq Slides With Micron Failing to Allay Jitters
U.S. stocks were mixed as Nasdaq slipped into negative territory after the momentum Micron initially provided faded.
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The EU Is Cutting Tariffs on the U.S. Now Comes the Next Fight.
The Trump administration has signaled it will pressure Europe to change rules that officials say hurt American companies.
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May Durable-Goods Orders Fall Slightly More Than Forecast
Orders for durable goods fell more than expected in May, breaking a streak of two consecutive monthly increases,.
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Markets on Watch for Intervention as Yen Weakens to Near Two-Year Low Against Dollar
The dollar rose to 161.94 yen-its highest level since July 2024. A move above 161.99 yen would take the exchange rate to its highest in nearly 40 years.
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World Trade Rose in April, a Fresh Sign Of Resilience
The result was partly driven by businesses rushing to avoid supply disruptions and price rises as a result of the conflict in the Middle East.
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U.S. Jobless Claims Fell Last Week
The number of people who filed for unemployment benefits dropped to 215,000 in the week through June 25, lower than the upwardly revised 227,000 reported a week earlier.
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Oil Retreats to Prewar Levels as Gulf Flows Through Hormuz Pick Up
Prices slipped back as a wave of supply trapped inside the Persian Gulf for months started flowing again.
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ECB Will Need to Raise Interest Rates Again, Schnabel Says
"We will need to raise interest rates further in order to bring inflation back to our two percent target over the medium term," the ECB executive board member said.
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German Consumer Sentiment Stabilizes at Subdued Level
Income expectations picked up, but only slightly, and consumers remained less optimistic about their financial future than before the Middle East conflict.
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Hawkish Bank of Japan Member Sees Scope to Bring Policy Rate Closer to 2%
The Bank of Japan should raise interest rates steadily and consider speeding up the pace of tightening if inflation risks intensify, policy board member Naoki Tamura said.
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U.K. Auto Manufacturing Rose Slightly in May
The U.S. saw the biggest increase in shipments among export markets.
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Why the Middle East Helium Supply Shock Didn't Hit Chip Makers
The war cut off roughly a third of the world's supply of helium, but the semiconductor industry so critical to AI systems didn't even blink.
(END) Dow Jones Newswires
June 25, 2026 11:00 ET (15:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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