Global Economy Briefing — June 26, 2026
The Federal Reserve’s preferred inflation gauge rose to a three‑year high of 4.1% year‑over‑year but the monthly pace eased to 0.4%, slightly below forecasts. The Dow Jones Industrial Average gained 213 points to close above 52,000, while the Nasdaq slipped for a fourth consecutive session. Brazil’s mid‑month consumer price index cooled to 4.8% year‑over‑year, confirming the central bank’s recent rate‑cut decision.
- ▪The Fed’s core PCE price index held at 3.4% year‑over‑year, matching expectations.
- ▪U.S. first‑quarter GDP was revised up to 2.1% annualized, higher than the initial 1.6% estimate.
- ▪The Dow rose 0.41% to 52,062.34, breaking the 52,000 mark, whereas the Nasdaq fell 0.46% to 25,358.60.
- ▪Brazil’s CPI monthly pace slowed to 0.41%, reinforcing the view that inflation pressures are easing.
- ▪Technology stocks continued to decline, extending the Nasdaq’s longest losing streak in months.
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Global Economy Briefing Friday, June 26, 2026 Global Economy Daily Briefing June 26, 2026 Global Economy Briefing — June 26, 2026 Global Economy Briefing: the Fed's inflation gauge rose to a 3-year high but eased monthly, lifting the Dow, while Brazil's inflation cooled again. By Rafael Silva Santos · June 26, 2026 · 6 min read Daily Brief The morning intel from across Latin America. Free. Subscribe By subscribing you agree to our privacy policy. We never share your email. Rio Times Global Economy Briefing The Big Three Inflation, as expected. The Fed’s preferred gauge rose to a three-year high of 4.1%, but the monthly pace eased to 0.4%, slightly below forecasts — enough to calm nerves. A split market.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Rio Times.