US: Further signs of disinflation appeared in April – UOB – by pabspiovano Inflation UnitedStates CPI Banks
Senior Economist at UOB Group Alvin Liew comments on the latest US inflation figures released on May 10.“US headline consumer price index increased by 0.4% m/m, 4.9% y/y in Apr , the lowest headline reading, and the first below 5% inflation print since Apr 2021 . However, core CPI proved to be stickier, as it rose sequentially at 0.4% m/m, , and compared to one year ago, it eased slightly to 5.5% y/y in Apr .
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EUR/USD: Further losses seen on a close below 1.0850 – UOBEUR/USD risks a sustained drop once 1.0850 is cleared, suggest Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at OB Group. Key Quotes 24-
Read more »
AUD/USD now points to further consolidation – UOBIn the opinion of Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group, AUD/USD is now likely to navigate within the 0.6630-0.6780
Read more »
Indonesia: FX reserves shrank in April – UOBUOB Group’s Enrico Tanuwidjaja and Junior Economist Agus Santoso review the latest release of FX reserves in Indonesia. Key Takeaways “Indonesia’s for
Read more »
Malaysia: Foreign portfolio inflows remained firm in April – UOBUOB Group’s Senior Economist Julia Goh and Economist Loke Siew Ting comment on the publication of foreign portfolio data in Malaysia. Key Takeaways “M
Read more »
Another key inflation gauge cooled further in April | CNN BusinessWholesale annual inflation slowed in April, adding to signs that price pressures are easing.
Read more »
EUR/USD risks a deeper drop below 1.0920 – UOBFurther decline lies ahead for EUR/USD once 1.0920 is cleared, comment UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB.
Read more »