Bitcoin rally cools as investors digest inflation data, oil clouds outlook
Your day-ahead look for July 15, 2026
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Your day-ahead look for July 15, 2026
The news of an improvement in consumer prices in June came as the U.S. and Iran escalated attacks, risking a return to high energy prices.
Kevin M. Warsh, in his first testimony to Congress as chairman of the Federal Reserve, did not shed light on whether he supported higher interest rates to tame
The Consumer Price Index fell to a 3.5 percent annual increase in June, and prices marked their biggest drop from a month earlier since 2020.
Wholesale prices fell in June for the first time in 10 months largely due to lower gas prices, but it’s unclear if the recent slowdown in inflation will persist
Williams cited five reasons why he expects the latest price surge has run its course.
US equity futures were edging higher pre-bell Wednesday as traders considered the latest inflation d
Stock Market Today: The Dow Jones index rose Wednesday after a cool inflation reading. ASML stock jumped on earnings.
Major cryptocurrencies have dropped by 2% or more in 24 hours as traders boosted bets of a July Fed rate hike.
Trump reinstated the Hormuz blockade, sending oil higher and rate-hike bets up, reversing the peace trade that helped bitcoin recover in early July.
Inflation eased to 3.5% in June, thanks to energy prices that fell after the U.S. and Iran signed a memorandum of understanding in a bid to end the ongoing war.
Traders rein in bets on Fed rate rises as easing energy costs help tame price surges spurred by Middle East war
The largest banks in the United States collectively raked in tens of billions of profits in the second quarter, despite the war in Iran and persistent inflation
Kevin M. Warsh, since becoming chairman of the Federal Reserve, has declined to say whether he supports higher interest rates to tame price pressures.
While US inflation rate fell in June, concerns remain over prices rising again due to the renewed conflict in the Middle East.
Plunge in gas prices during Iran ceasefire brings relief. Renewed conflict poses fresh threat.
Fed’s Warsh says central bank won’t tolerate high inflation
Gold rallies 2.5% as cooling U.S. inflation strengthens Fed easing expectations
Warsh pledged Tuesday to "get monetary policy right" and defeat the inflation that has bedeviled the central bank for the past five years.
Stock futures picked up steam after June inflation data cooled more than expected. Nasdaq futures were up 1.3%, while S&P 500 futures were up 0.3%. Dow futures