US Economy

U.S. Producer Price Index (PPI) surged unexpectedly in May, recording the largest increase in four years. The Dow Jones slipped following the data release, reigniting inflation concerns. PPI is a key indicator of industrial price changes and a leading signal for consumer inflation. The unexpected surge could influence the Federal Reserve’s interest rate trajectory. Analysts noted that inflation outlook has grown more complex amid tariff policies and geopolitical tensions. Investors are closely watching subsequent economic data and policy signals. ...

US Jobs Data Beats Expectations for Second Straight Month, Fed Rate Cut Outlook Diminishes The latest US employment report exceeded market forecasts for the second consecutive month, indicating a resilient labor market and reducing the Federal Reserve’s rationale for interest rate cuts. BBC reported that nonfarm payrolls surged well above economist expectations, with the unemployment rate remaining near historic lows. The data underscores sustained economic resilience while complicating the Fed’s monetary policy decisions. ...

The US Labor Department reported 115,000 new nonfarm jobs in April, nearly double market forecasts, though wage growth slowdown eased inflation concerns.

Trade Court Rules Trump Global Tariff Program Illegal The US Court of International Trade has ruled that the Trump administration’s reciprocal tariff program is illegal, delivering a significant blow to the White House’s trade policy. The program had imposed steep tariffs on imports from multiple countries, sparking strong opposition and retaliatory measures from global trade partners. The court found that the president exceeded statutory authority in implementing such broad tariffs. ...

US Commerce Department data shows Q1 2026 GDP grew 2%, recovering from the prolonged federal government shutdown. However, soaring energy prices and supply chain disruptions caused by the Iran war cast uncertainty over the economic outlook for the second half of the year.

US Commerce Department reports Q1 2026 GDP grew at a 2.0% annualized rate, rebounding from a weak Q4, driven by massive AI sector investment and recovering government spending, though consumer spending slowdown and rising core PCE raise inflation concerns.

As Fed Chair Jerome Powell prepares to step down and Trump’s nominee Kevin Warsh takes over, a look back at the most fractious public clashes between two of America’s most important economic figures — from ’numbskull’ to ’too stupid’ personal attacks.

The USD/JPY exchange rate is approaching the 160 psychological level once again, driven by strong U.S. economic data and market expectations ahead of the upcoming Bank of Japan policy meeting.