The S&P 500 and the Nasdaq closed higher on Tuesday for a second straight day after softer-than-expected inflation numbers added to investor optimism from Monday when the U.S. and China announced a trade truce.

Consumer prices rose 2.3% in April compared to a year ago, cooling slightly from the previous month and defying fears of an inflation surge in the aftermath of President Donald Trump's "Liberation Day" tariffs last month. The reading -- which marked the lowest inflation rate since 2021 -- matched economists' expectations.

When using the data, please cite the following paper as the data source: Ha, Jongrim, M. Ayhan Kose, and Franziska Ohnsorge (2023). "One-Stop Source: A Global Database of Inflation." Journal of International Money and Finance 137 (October): 102896.

Risky assets were again popping on Tuesday afternoon, as markets returned to risk-on mode after April consumer-price-index report showed inflation came in cooler than expected. "The softer \[inflation\] figures are adding to confidence that the Trump policy mix won’t produce much inflation,

The surprise U.S.-China trade breakthrough on Monday delivered another blow to short-term Fed cut bets. With tariffs slashed by over 100 percentage points for at least 90 days, economic uncertainty tied to supply chains and pricing has decreased.

This week, mortgage rates are mainly driven by headlines about ongoing trade negotiations and the bond market’s reaction to tomorrow’s inflation data. On Monday, the White House announced a 90-day “reset” on steep tariffs with China,

As the Federal Reserve holds interest rates steady in May, Fed Chair Jerome Powell stated that the risks of higher unemployment and inflation "have risen" in a press conference following the central bank's FOMC meeting.

(RTTNews) - The Canadian market is up firmly in positive ... Mexico and other countries to the U.S. Data showing a drop in Canada's consumer price inflation is also aiding sentiment.

The Office for National Statistics (ONS) released UK inflation data for March this morning. The data revealed that the UK's annual inflation rate dropped to 2.6% in March 2025, down from 2.8% in ...