From Yahoo Finance: 2025-05-10 16:00:00

US consumer prices are expected to rise in April, with core consumer price index forecasted to increase by 0.3%. The impact of higher tariffs is expected to become more pronounced over time, causing concern among consumers. Retail sales are anticipated to show little change in April, reflecting cooling demand for motor vehicles. Companies are navigating price hikes to mitigate tariff costs while avoiding sales drops. Federal Reserve policymakers expressed concern over the potential for higher inflation and rising unemployment due to trade policy. Various economic data releases and speeches from central bankers are expected in the US. In Canada, Prime Minister Mark Carney will unveil a new cabinet focused on economic goals. In Asia, APEC trade ministers gather to discuss strategies for global commerce sustainability. India and Indonesia will report trade figures, while Japan may show economic contraction in the first quarter. Australia will release business sentiment and consumer confidence data. In Europe, the UK’s economic outlook remains uncertain, with the Bank of England cutting rates. BOE officials and ECB members will speak, with various data releases throughout the region. Switzerland and Norway will release GDP figures. Israel and Russia will monitor inflation data. Monetary decisions are expected in Uganda and Romania. In Latin America, Argentina’s inflation is expected to slow, while Chile, Peru, Brazil, Colombia, and Mexico will release economic data and central bank decisions.



Read more at Yahoo Finance: US Inflation Starting to Stir as Trump Tariff Threat Looms