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 Attacks Cargo Ship, Testing Trump's Deal to Reopen Strait
The attack took place hours after an Iranian warning to ships not to use routes that the regime hadn't sanctioned.
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Dow Rises as Micron Fails to Power Nasdaq
Blockbuster results from Micron struggled to restore momentum for the Nasdaq. Meanwhile, the Dow industrials rose.
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Fed's Williams: Current Monetary Policy Stance Well Positioned to Restore Inflation To 2%
New York Fed President John Williams said he expects inflation readings to edge down in the coming quarters, although substantial risks remain.
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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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Bank of Mexico Leaves Benchmark Interest Rate Unchanged
The central bank's board voted unanimously to leave the overnight interest-rate target at 6.5%, and reiterated that they expect to stay on hold for the foreseeable future.
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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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Army Will Lease Land on Bases for Critical Mineral Production
The agreement with mining companies is part of the Trump administration's push to establish a domestic supply chain for vital industrial inputs.
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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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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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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 17:00 ET (21:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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