Russia Consumer Price Index (MoM) rose from previous 0.4% to 0.43% in May

Jun 11, 2025

GBP/USD climbs as US CPI miss fuels Fed rate cut bets

GBP/USD advances on Wednesday during the North American session, boosted by a weaker-than-expected consumer inflation report in the United States (US), which increased speculation that the Federal Reserve (Fed) may reduce borrowing costs twice in 2025.

Dow Jones Industrial Average breaks higher after US CPI beat

The Dow Jones Industrial Average (DJIA) rose on Wednesday, bolstered by cooler-than-expected Consumer Price Index (CPI) inflation data for May, as well as a tentative trade policy framework following two days of trade talks in London.