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Euro-Zone Consumer Price Expectations May Rise More, ECB Warns

Shoppers and tourists in Waren, Mecklenburg-Vorpommern in Germany, on Saturday, May 16, 2026. German Finance Minister Lars Klingbeil said Europe must assert its own interests against global competitors with measures such as favoring companies from the region.

Bloomberg Markets 12d ago

ECB Says Consumer Inflation Expectations Ease But Stay Elevated

The European Central Bank (ECB) headquarters, center, beyond pedestrians crossing a street in Frankfurt, Germany, on Monday, May 23, 2022. While ECB policy makers have increasingly coalesced around the prospect of a first hike at their July 21 meeting in recent weeks, they have barely mentioned the possibility of a more aggressive half-point move such as the US Federal Reserve delivered this month.

Bloomberg Markets 9d ago

Household worries over finances hit highest level since July 2022, New York Fed survey shows

U.S. households grew more worried over their financial situation, with the share of those seeing things as much worse than they were 12 months ago hitting a nearly four-year high, according to a Federal Reserve Bank of New York survey. While the central bank's monthly Survey of Consumer Expectations, released Monday, showed the inflation outlook mostly unchanged, the general perception of conditions deteriorated. The share of those seeing their current situation as "much worse" than a year...

CNBC 2d ago

The May inflation numbers are due out Wednesday morning. Here's what to expect

Inflation numbers out Wednesday are expected to cross another unpleasant threshold as the cost of living continues to climb for U.S. consumers. If the Wall Street consensus is correct, the consumer price index is expected to show inflation running at a 4.2% annual rate off an expected 0.5% monthly gain in May. That would mark the first time the CPI has passed 4% since May 2023 and would be the highest reading since April of that year.

CNBC 21h ago

Empirical Study for Structured Output Control in LLMs for Software Engineering

Announce Type: new Abstract: LLM-generated outputs in software engineering rarely exist in isolation. They must plug into toolchains, APIs, and data pipelines that impose strict, often organization-specific structural contracts. A semantically correct output that violates the expected format is, from the consuming system's perspective, indistinguishable from a wrong answer, making structural fidelity an operational prerequisite for deploying LLMs in practice.

arXiv CS 1d ago

Which company could become the Chinese Pfizer? Here are analysts’ top picks

Which company could become the Chinese Pfizer? Here are analysts’ top picks A boom in outlicensing agreements leads to a debate over which Chinese firms may be first to break into overseas markets with own brands A handful of Chinese biotechnology companies are expected to bring medications to consumers in Europe and the US under their own brand names within the next 10 to 15 years, according to policy and industry analysts. Outlicensing agreements typically refer to a company granting...

South China Morning Post 3d ago

US inflation rose at fastest pace in three years in April as Iran war hikes up prices

US inflation accelerated to its fastest rate in three years in April, primarily due to increased energy prices linked to the war with Iran. This surge in the cost of living is eroding household income and is expected to potentially restrain consumer spending and economic growth. The rising inflation has also contributed to growing public frustration with Donald Trump's economic management.

The Guardian World 13d ago

Inflation hits 3.2%, highest since 2023: Are ECB rate hikes inevitable?

Eurozone inflation rose to 3.2% in May, the highest since 2023, driven by energy and services. Markets now see an ECB rate hike next week as done deal. Price pressures across the euro area accelerated again in May, as the disruptions from the Strait of Hormuz blockade continued to ripple through energy markets, pushing inflation to its highest level in almost three years and cementing expectations of an imminent European Central Bank rate hike.

Euronews 8d ago

Backpressure is all you need

Backpressure is all you need There are two obvious ways to use coding agents. The first is to let the LLM run unattended and hope the repository survives. This is fast, exciting, and stupid.

Hacker News 10d ago

Electricity bills in UP to rise 10% from June

The Uttar Pradesh Power Corporation Limited (UPPCL) has imposed a 10 per cent fuel and power purchase adjustment surcharge (FPPAS) on electricity consumers for June. The surcharge, based on fuel and power purchase costs incurred in March 2026, is expected to generate around Rs 1,610.57 crore from consumers across the state. According to a UPPCL order issued on Friday, the calculated FPPAS for March 2026 worked out to 20.61 per cent.

Times of India 11d ago