The US economy added 172,000 jobs in May 2026, more than doubling economist forecasts of 85,000, while wage growth of 3.4% lagged inflation for the ninth consecutive month.
Tag: inflation
Posted inEconomy
Eurozone inflation at 3% seals the case for an ECB rate hike on June 11
Eurozone inflation reached 3% in April, sealing expectations for a 25-basis-point ECB rate increase on June 11 — the first increase since the bank’s recent cutting cycle began.
Posted inEconomy
Bank of Japan holds at 0.75% but a three-way dissent signals the next hike is close
The Bank of Japan’s April 28 decision passed 6-3, with three board members calling for an immediate rise to 1.0% — the sharpest internal split in years, set against a slashed growth forecast and rising inflation tied to Iran war energy costs.
Posted inMarkets
Bitcoin drops below $77,000, triggering $657 million in leveraged liquidations
Bitcoin fell below $77,000 on May 19, forcing $657 million in liquidations as hot inflation data and Iran tensions converged against an overleveraged market.
Posted inEconomy
Thirty-year Treasury yield hits 5.19%, a level last seen before the 2008 crisis
The 30-year Treasury yield hit 5.197% on May 19, its highest since July 2007, with Citi now flagging 5.5% as the next key level for bond investors to watch.
Posted inEconomy
UK economy grew 0.6% in Q1 but OECD trims growth forecast on Iran war risk
UK real GDP expanded 0.6% in the first quarter of 2026, but the OECD has since cut its full-year growth forecast to 0.7% and raised its inflation call to 4.0%.
Posted inEconomy
US consumer prices hit 3.8% in April, highest since May 2023
April CPI rose 3.8% year-on-year — driven by a 28% surge in gasoline costs tied to the Iran conflict — pushing the 10-year Treasury yield to the cusp of 4.5% and repricing Fed rate-cut expectations.
Posted inEconomy
Bank of Canada signals rate hike risk as oil-driven inflation deepens
Bank of Canada’s Macklem warned rate hikes are possible if oil prices stay elevated, a dilemma now spreading from Ottawa to Frankfurt and London.
Posted inEconomy
US economy adds 115,000 jobs in April, complicating Warsh’s rate agenda
The US economy added 115,000 jobs in April and unemployment held at 4.3 percent, giving prospective Fed Chair Kevin Warsh limited room to pursue the rate cuts he has signaled.
Posted inEconomy
US wholesale inflation hits 6% as energy costs and tariffs combine
US producer prices jumped 1.4% in April — nearly triple the forecast — lifting the annual PPI rate to 6%, its highest since late 2022, as energy and tariff pass-throughs both accelerated.