At least one official at the Federal Reserve is still skeptical about the trajectory of inflation and the economy, despite developments this week that cheered investors.

Consumer prices rose again in April after a rare decline in the prior month, leaving inflation above the Federal Reserve’s 2% target as households and businesses grappled with the fallout from the Trump trade wars.

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,

In Sweden, we receive important economic data, starting with inflation figures. Core inflation came in a tenth lower than expected according to the preliminary figures last week. Today's details provide important clues about how widespread price pressure is,

The broad market index ended Wednesday’s trading modestly higher, as traders extended the tariff relief rally for a third day.

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.

The Federal Reserve's 'wait and see' stance could continue for another couple of meetings. Fed cuts risk coming later than markets price,

Since winning the White House, Trump has lobbied for rate cuts to come down. Since then he has flip-flopped on whether or not he will try to fire Powell, with the Fed chairman countering that it wouldn't be legal for Trump to push him out.

Inflation may have picked up slightly last month as President Donald Trump's widespread tariffs kicked in, a trend economists expect will become more visible in the coming months.