Wholesale inflation shows biggest decline since 2020, but the good news is unlikely to last

Wholesale prices posted the biggest drop in April since the pandemic in 2020, but economists say the decline in inflation appeared to be a one-off that might not be sustained if tariffs persist at current levels.

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Powell Steers New Strategy for a World Where Very Low Rates Are No Sure Thing

Forthcoming changes to the Federal Reserve’s rate-setting framework are unlikely to influence officials’ current decisions. But the expected changes acknowledge that the ‘lower-for-longer’ interest-rate era may be over.

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Retail Sales Barely Rose in April as Consumers Lose ‘Will to Spend’

Sales growth weakened after Americans went on a bit of a shopping spree ahead of expected tariff-induced price increases.

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Jobless claims hold steady in latest week, continuing to signal healthy labor market

Initial jobless claims held steady at 229,000 in the week ending May 10, the Labor Department said Thursday.

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Stocks Move Lower as Walmart Says It Will Raise Prices Because of Tariffs

Stocks were modestly lower, putting the S&P 500 on track to snap three days of gains after this week’s trade détente with China.

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Rebound Leaves Asset Prices out of Line With Geopolitical Risks, Says ECB’s De Guindos

Investors were again underestimating the risk of disruptions to the global economy, and a fresh bout of sharp price falls is possible, the ECB’s vice president warned Thursday.

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First-Time Home Buyers Are Struggling. That’s Bad News for Builders.

Even with construction companies offering cheap mortgages, youngish people are finding it difficult to enter the market.

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Gold has a shot at more record highs, thanks to Trump’s preference for a weaker dollar

Like all relationships, gold’s connection to the U.S. dollar is complicated — but chances are that if President Donald Trump’s apparent desire to weaken the greenback comes to fruition, that could become a “strong tailwind” for the precious metal.

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Eurozone Grows Less Than Thought, Despite Output Boost Ahead of Tariffs

The eurozone economy grew less rapidly than first estimated at the start of the year despite a boost to factory output.

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U.K. Economy Raced at Start of Year But Slowdown Looms

The U.K. grew at a faster pace than both the U.S. and the eurozone, but is likely to slow amid rising joblessness and a pessimistic mood among consumers and businesses.

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EU Wants More In U.S. Trade Deal Than U.K. Or China Got

The EU wants a trade deal with the U.S. that sees a larger reduction in tariffs than negotiations with the U.K. and China have so far yielded.

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The Fed Wants to Hit Its Inflation Target. Why It Might Not Get To.

Coming Trump appointments are expected to steer the Federal Reserve on a different course.

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IEA Lifts Oil Demand View on Softer Tariff Impact, Lower Prices

Global oil demand growth is expected to be stronger than previously anticipated due to lower oil prices and a less severe hit of U.S. tariffs on the economy, the International Energy Agency said.

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Surge in Australia’s Jobs Growth in April Could Trouble RBA

The big jump in Australian employment in April could cast doubt on a widely anticipated rate cut by the Reserve Bank of Australia next week.

(END) Dow Jones Newswires

May 15, 2025 11:00 ET (15:00 GMT)

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