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1 min read

The inflation report dashes hopes of a jumbo rate cut next week

Interest rate cuts are probably coming this month, and August inflation numbers are the last big pi…

Madison Hoff   


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1 min read

The Fed 'moved too fast' with rate cuts and now risks reigniting inflation, analyst says

The US isn't out of the words with inflation, and one fixed-income strategist thinks the Fed's jumb…

Filip De Mott   


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2 mins read

Amid declining retail inflation, wholesale inflation in India moderates to 2.04% in July

In line with the moderation in retail inflation, wholesale inflation in India too witnessed a sharp…

ANI   


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Russia's GDP growth slowed in Q2 while inflation continued to soar on the back of heavy state spending: report

It comes as the Kremlin battles rising inflation and warnings that the economy is overheating.

Rebecca Rommen   


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How Lego built itself into a nearly inflation-proof toy company

Lego's strategy is paying off. The toy company saw revenue growth while others in the industry suff…

Katie Balevic   


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New York Fed chief says it's time to lower rates with inflation cooling and the labor market slowing

Following the August jobs report, John Williams said the economy is "now in equipoise," with easing…

Kelly Cloonan   


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2 mins read

Cooling jobs data might beat out inflation in forcing the Fed to deliver a big rate cut, Goldman Sachs CEO says

Most investors see a 25 basis point cut on the horizon, but Goldman's David Solomon says a bigger m…

Kelly Cloonan   


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2 mins read

PM Modi congratulates RBI Governor Das on A+ rating in Global Finance Report

Prime Minister Narendra Modi, on Wednesday, congratulated Reserve Bank of India's (RBI) Governor, S…

ANI   


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2 mins read

Food inflation to moderate, but any surprise in monsoon or floods may trigger it upwards, notes UBI report

On the monsoon front, the cumulative rainfall over the country has turned from a deficit to an 8 % …

ANI   


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Travel trends surpass pre-pandemic levels: Here is what the latest report shows

Travel trends surpass pre-pandemic levels: Here is what the latest report shows

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2 mins read

Deep rate cuts are necessary because the Fed's unprecedented hikes actually made inflation worse, Nobel-winning economist says

The Fed's higher borrowing costs discouraged home building, adding inflation pressure, Joseph Stig…

Filip De Mott   


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RBI expected to begin rate cuts in October, with two reductions this fiscal: Crisil

The Reserve Bank of India (RBI) may begin lowering interest rates around October, provided that ext…

ANI   


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Consumer staples volume will grow in the coming quarters, notes Motilal Oswal report

A marked growth is visible in the consumer staple segment, and the trajectory in volume improvement…

ANI   


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India handled inflation much better than US, Germany and France: SBI Report

India has demonstrated a largely successful inflation-targeting regime compared to advanced economi…

ANI   


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Inflation cooled in July, adding to the case for rate cuts at the next Fed meeting

The consumer price index, an inflation measure, increased 2.9% in July from a year ago.

Madison Hoff   


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2 mins read

Stock market today: Indexes end mixed as investors brace for August inflation report

Stocks were mixed Tuesday as investors looked to the presidential debate and the August inflation r…

Filip De Mott   


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Stock market today: Indexes rise as traders eye debate and upcoming inflation report

Stocks continued to rise higher after rebounding sharply on Monday, as investors gear up for the up…

Filip De Mott   


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2 mins read

Jamie Dimon says he's skeptical inflation will hit the Fed's 2% goal

JP Morgan chief Jamie Dimon is still predicting a recession, telling CNBC that he thinks the odds o…

Erin Snodgrass   


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4 mins read

Voters blamed Biden for high inflation. Kamala Harris could get a pass.

Americans aren't blaming Kamala Harris for inflation as much as they did President Joe Biden, polls…

Jacob Zinkula   


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The August jobs report reinforces 'waning vigor' in the labor market and the Fed should deliver a big rate cut, JPMorgan says

JPMorgan chief economist Michael Feroli says the Fed should cut 50 basis points this month as the A…

Kelly Cloonan