Will summer be inflation's crunch point? | Morning Bid
By Reuters
Community Score: 50% | 16 views | 5d
0 community ratings: null thumbs up, null thumbs down
As Memorial Day marks the unofficial start of summer, energy markets face a potential crunch point in June if the Strait of Hormuz blockage remains unresolved and fuel inventories keep falling. Meanwhile, U.S. PCE inflation data due this week is expected to show headline inflation moving above the Fed's current policy rate. #news #Reuters #Newsfeed Read the story here: š Subscribe: https://reut.rs/4b8fRGn Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on X: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en
Tags: reuters, news, world news today, breaking news, news today, reuters youtube, markets today, streaming, live news, latest news, headlines today, world news, news today usa, reuters news, headlines
More from Reuters
- Iran says US will 'bitterly regret' sinking ship | Reuters World News ā Score: 50%
- Market Talk 'Messy' jobs report adds to 'alarming' slowdown ā Score: 50%
- Obama says democracy under 'assault' at Jesse Jackson memorial ā Score: 50%
- LIVE: Former presidents and the public celebrate the life of Jesse Jackson ā Score: 50%
- LIVE: Flight tracker over the Middle East ā Score: 50%
- UPDATE - Why did Trump fire Homeland Security chief Kristi Noem? | Reuters World News ā Score: 50%