WASHINGTON, June 20 Reuters U.S. singlefamily homebuilding fell in May amid continued high mortgage rates. Singlefamily housing starts, which account for the bulk of homebuilding, declined 5.2 to a seasonally adjusted annual rate of 982,000 units last month, the Commerce Department39;s Census Bureau said on Thursday. Data for April was revised higher to show singlefamily […]

May nationwide core CPI up 2.5 yy vs f39;cast 2.6 Inflation excluding fuel, food slows to 2.1 in May Service inflation slows in sign of weak wage passthrough BOJ to gauge demanddriven price moves in timing rate hike TOKYO, June 21 Reuters Japan39;s core inflation accelerated in May due to energy levies but an index […]

June 20 Reuters Fewer Americans enrolled for unemployment benefits for the first time last week, Labor Department data showed on Thursday, though the number of people on benefits rolls overall climbed a week earlier to the highest since January, a sign that the U.S. job market continues to cool. Meanwhile, separate data from the Census […]

TOKYO, June 20 Reuters Japanese financial institutions39; profitability has decreased significantly in the past 25 years, making them vulnerable to potential losses from any sharp rises in interest rates, the central bank said on Thursday. While many companies increased longterm, fixedrate loans to take advantage of Japan39;s ultralow interest rates, some have suffered sluggish profits, […]

FRANKFURT, June 20 Reuters European Central Bank policymaker Klaas Knot on Thursday backed market expectations for one or two more interest rate cuts this year as inflation appeared to be headed towards the ECB39;s 2 target. The ECB began undoing its steepest ever streak of rate hikes earlier this month but left options open as […]