US Stocks Slip on Soft Inflation, China-U.S. Trade Talks
US stocks dipped as softer-than-expected inflation data and tentative China-U.S. trade talks in London left investors cautious.
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Chinese mainland May CPI dips 0.1% as PPI decline deepens
Chinese mainland’s May consumer prices fell 0.1% YoY as factory-gate costs slid further, hinting at softer demand and fresh policy bets.
Chinese mainland CPI Dips 0.1% in May
The Chinese mainland’s CPI dipped 0.1% in May, marking the first monthly dip after modest gains and signaling eased inflation pressure.
Eurozone Inflation Slows Sharply to 1.9% in May
Eurozone inflation cooled to 1.9% in May, its lowest since Sept 2024, driven by a slowdown in services prices and dipping below the ECB’s 2% target.
US Tariffs Stoke Inflation Worries as Economy Slows
US tariffs heighten inflation concerns as the economy contracts for the first time in three years, raising questions about growth, Fed policy and consumer sentiment.
US Shoppers Brace for Higher Prices Amid Tariff Concerns
69% of U.S. adults expect everyday goods to get pricier due to President Trump’s tariffs, prompting cutbacks in dining, entertainment, and travel.
Republicans Sour on Trump’s Trade Policy as Confidence Hits Near-Record Low
A University of Michigan survey finds Republicans’ confidence in President Trump’s trade agenda has dipped as consumer confidence hits near-record lows and inflation worries surge.
U.S. Bankruptcy Filings at Pre-Pandemic High
U.S. bankruptcy filings have surged to pre-pandemic levels as record debt and inflation strain household budgets.
Explainer: Why Tariff Fears Could Fuel U.S. Inflation
How worried US consumers, facing tariff threats, raised their inflation expectations from 2.6% to 6.7%, risking a self-fulfilling rise in prices.
Expert Urges U.S.-Chinese Mainland Talks to Curb Tariff Fallout
Veronica Parellada Eller warns U.S. tariffs could spark inflation and urges U.S. and the Chinese mainland to negotiate a tariff deal that eases costs and calms global markets.