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Top Monex Europe News

Federal prosecutors open criminal investigation into the Fed and Jerome Powell — REUTERS / ixx511

Jerome Powell · United States

Federal prosecutors open criminal investigation into the Fed and Jerome Powell

49% Center coverage: 458 sources

Federal Reserve Chair Jerome Powell said Sunday that the Department of Justice had subpoenaed the central bank on Friday with the threat of a criminal indictment, the latest move in a year-long pressure campaign from the Trump administration. See the Story

Annual inflation hit 2.7 percent in December as food costs rose — REUTERS / Brendan McDermid

Inflation · United States

Annual inflation hit 2.7 percent in December as food costs rose

66% Center coverage: 115 sources

The annual inflation rate hit 2.7 percent in December, according to data released Tuesday by the Bureau of Labor Statistics (BLS).The new consumer price index (CPI) data showed inflation holding flat in December, with prices rising 0.3 percent last month alone. Food prices were 0.7 percent in December alone and up 3.1 percent over the past year. See the Story

Canadian dollar edges lower on sharp drop in oil prices

Canada · Canada

Canadian dollar edges lower on sharp drop in oil prices

100% Center coverage: 1 sources

10-year yield hits a near six-week low See the Story

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