Business
US: S&P 500, Nasdaq retreat from record rally after hot producer inflation data
The S&P 500 and the Nasdaq retreated from record highs on Thursday (Aug 14), after a hotter-than-expected producer prices report dampened…
Tag
Inflation
Business
Nomura sees Fed cutting rates by 25bps in September as inflation cools
RA now expects the US Federal Reserve to cut interest rates by 25 basis points at its September meeting, citing softer core PCE inflation…
Business
US: S&P 500, Nasdaq end at records after benign inflation data
Wall Street stocks surged to fresh records on Tuesday after US data showed stable inflation despite worries over President Donald Trump’s…
Business
US: Wall St opens higher as inflation rises moderately in July
Wall Street’s main indexes opened higher on Tuesday (Aug 12) after data showed inflation rose broadly in line with expectations in July,…
Business
RBA cuts interest rates, signals more to come as inflation slows
Australia’s central bank cut interest rates on Tuesday (Aug 12) for a third time this year and signalled further policy easing might be…
Business
Asia: Most markets rise as China-US truce extended, inflation in focus
Asian markets mostly rose on Tuesday as investors welcomed the extension of a China-US tariff truce but looked ahead apprehensively to the…
Business
Gold prices edge higher as spotlight shifts to US inflation data
Trump has signed an executive order extending a pause in sharply higher US tariffs on Chinese imports for another 90 days, a White House…
Business
US: Stocks slump ahead of key US inflation report
Wall Street stocks tumbled on Monday on investor trepidation ahead of key US inflation data, despite news reports that President Donald…
Business
Philippine central bank governor confident inflation will hit 2% in 2025
The Philippine central bank is confident of achieving a 2 per cent inflation rate this year, the lower end of its 2 per cent to 4 per cent…
Business
Australia’s central bank welcomes Q2 inflation data, deputy governor says
Australia’s second-quarter inflation data was very welcomed and came in as just the central bank expected, a top official said on…
Business
BOJ sees trade deal as raising chance of meeting inflation goal
Japan’s trade deal with the US has reduced uncertainty surrounding the economy, the central bank’s deputy governor Shinichi Uchida said,…
Business
Why Tariffs (Probably) Won’t Cause Inflation (But Still Raise Prices)
Not all bad economic policy is inflationary, and not causing inflation doesn’t make economic policy good. Source link
Business
US: Wall St opens higher as inflation data, earnings take centre stage
Wall Street’s main indexes opened higher on Wednesday (Jul 16) as investors sifted through new inflation data and digested a fresh round…
Unsorted
Trump’s Rage Erupts as Inflation Rises and His Pollster Openly Panics
On Tuesday, we learned that inflation rose last month. The New York Times said inflation “accelerated,” ABC News noted it “surged,” and…
Business
Fed’s Logan says it will take until autumn to see tariffs’ inflation effect
AS Federal Reserve Bank President Lorie Logan said on Tuesday she expects it will take until the fall to understand the effect of tariffs…
Business
Senior Fed official says it will take until autumn to see tariffs’ inflation effect
AS Federal Reserve Bank President Lorie Logan said on Tuesday (Jul 15) that she expects it will take until the fall to understand the…
Business
Trump Promised to End Inflation. He’s Bringing It Back Instead.
The only uncertainty about how much inflation Trump’s tariff policy will create going forward is that we don’t know what Trump’s tariff…
Business
Global Stocks Rise Ahead of Tariff Talks and U.S. Earnings, Inflation Data
Stocks worldwide rose on Tuesday, supported by tentative optimism ahead of an important week for U.S. corporate earnings and inflation…
Business
US: S&P 500, Nasdaq open higher after inflation data; focus on bank earnings
The Nasdaq and the S&P 500 opened higher on Tuesday (Jul 15) after fresh inflation data, while banking heavyweights kicked off the…
Business
India's cooling inflation prompts rate cut calls
A slump in India’s retail inflation to six-year lows and a likely drop to a record low in July is prompting calls for at least one more…
Business
Gold holds ground with spotlight on US inflation data
Gold inched higher on Tuesday (Jul 15) as traders awaited the release of US inflation data later in the day that could shed more light on…
Business
Bank of Japan is said likely to consider raising inflation forecast
The central bank will update its quarterly outlook report at the end of its meeting on Jul 31 Bank of Japan (BOJ) officials are likely to…
Business
Bank of Japan likely to consider raising inflation forecast: sources
The central bank will update its quarterly outlook report at the end of its meeting on Jul 31 Bank of Japan (BOJ) officials are likely to…
Business
US dollar has best week since February on tariff inflation risks
The US dollar turned in its best weekly performance in more than four months as US President Donald Trump’s latest tariff threats…