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World News

The CPI Math Driving Inflation Works 2 Ways

Simple math suggests that tomorrow’s for May will likely continue to show high inflation. To compute CPI, the BLS measures during the first three weeks of the reference month. Thus, May CPI will capture gasoline prices from roughly May…

EUR/USD, Oil Forecast: 2 Trades to Watch

edges higher ahead of Thursday’s ECB rate decision. Oil prices ease as Middle East tensions cool, but supply risks remain.EUR/USD Edges Higher Ahead of Thursday’s ECB Rate DecisionEUR/USD is edging higher towards the 1.1550 level on…