Prisma Governance Token

SoSo Macro | US April Core CPI Beats Forecasts; CLARITY Act Heads for Formal Vote

CITIC Securities: The risk of a second inflation wave in the US is low, and high oil prices limit the potential for inflation to decline.

Wall Street Breakfast | May 13, 2026.

US inflation accelerated in April due to rising gasoline and grocery costs driven by the US-Israel war with Iran, surpassing wage growth in a double-whammy for already strained consumers.

The probability that the Federal Reserve will keep interest rates unchanged in June has reached 97.1%.

President Trump said he doesn't think about Americans' "financial situation" when it comes to the war in Iran, even as fresh government data Tuesday underscored how the conflict is reigniting the worst US inflation in years.

Traders have renewed bearish bets on US Treasuries, lifting expectations that the Federal Reserve will raise interest rates as oil prices and inflation push higher.

Fed: Neutral stance as inflation stabilizes – TD Securities

Trump and Xi Enter a Summit of Reduced Ambitions

Summary of key points from the US April CPI inflation report.

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