Warsh avoids signalling interest rate direction and dismisses AI as a source of persistent inflation
Kevin Warsh, Fed chair, avoids signals on interest rates and dismisses AI investment as a source of persistent inflation during Senate testimony.
Latest Inflation news
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The yield on the US 10-year bond rises to 4.581% after stable retail sales and a drop in unemployment claims to 208,000.
Kevin Warsh, Fed chair, avoids signals on interest rates and dismisses AI investment as a source of persistent inflation during Senate testimony.
PayPal surges 14% on Wall Street after a buyout offer from Stripe and Advent International for $60.50 per share. Wholesale inflation falls 0.3% in June.
Ibex 35 drops 1% due to geopolitical tension, while US inflation improves and ASML results boost optimism in the tech sector.
The BCH has allocated 1.512 billion lempiras to absorb liquidity to control inflation at 6.09% and improve access to foreign currency.
Household debt falls to 42.5% of GDP, but Marc Vidal reveals it actually rose by 4% in absolute terms and that record wealth is not shared.
Fed Governor Christopher Waller warns that a new high in core inflation would force a short-term rate hike.
Inflation in Colombia reaches 6.14% in June 2026, the highest level since July 2024. The Central Bank raises rates to 12%.
Gold falls 1.43% to $4,127.60 an ounce due to the Fed's aggressive shift anticipating rate hikes, overshadowing tensions in the Middle East.
The Central Bank of Uruguay projects short-term inflationary risks but claims they are globally balanced, with inflation converging to 4.5%.
Global debt hits $353 trillion (305% of GDP), according to the IIF, warning of central banks' limited room to raise rates without worsening fiscal burden.
The OECD confirms that real wages in Spain are 2% below 2021 and will barely improve in 2026-2027.