You Searched For "annual inflation rate" and got 20 results
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3 mins read
Trump called inflation a disaster for consumers — and Musk blamed it on government waste
Higher food costs are pinching budgets and inflation eroded the value of savings, Donald Trump said…
Theron Mohamed
1 min read
Stock market today: US indexes edge higher as cooling inflation data props up Fed rate-cut bets
Stocks rebounded on Friday morning after the core personal consumption expenditures index met expec…
Filip De Mott
3 mins read
Stock market today: Dow drops 422 points as hot inflation scrambles rate outlook
Odds of a June rate cut have been slashed as the Fed looks like it will have to grapple with furthe…
Jennifer Sor
1 min read
Cooling inflation data means the Fed is in position to cut rate in June, chief economist says
The PCE index, which is the Fed's preferred inflation gauge, decelerated to a 0.3% monthly increase…
Aruni Soni
6 mins read
All eyes are on Jackson Hole for clues about the size of September's rate cut
Rate cuts are a lock for the Fed's next meeting in September. But instead of wondering if they'll c…
Dan DeFrancesco
2 mins read
Stock market today: Stocks climb after inflation drops to 3-year low, solidifying Fed bets
Investors are pricing in with certainty that a rate cut is coming in September, per the CME FedWatc…
Jennifer Sor
2 mins read
US stocks tumble as hot inflation data confirms rate-cut delay
Stocks dropped as January's CPI came in higher than expected, providing the Federal Reserve with a …
Filip De Mott
2 mins read
Why the Fed's first rate cut could be delayed until March 2025 if inflation stays stubbornly high
The US central bank might have to wait nearly another year before easing policy if it can't cut by …
Filip De Mott
1 min read
The inflation fight has stalled and the first rate cut won't happen until December, Bank of America says
"The acceleration of inflation this year makes a cut prior to December challenging, in our view," t…
Yuheng Zhan
2 mins read
IT department declares 363 as cost inflation index for current fiscal
The Cost Inflation Index (CII) for fiscal year 2024-25 is 363, used by taxpayers to calculate long-…
PTI
2 mins read
Affordability levels to buy homes hit in last 2 years; to improve in 2024 on likely repo rate cut: JLL
The rise in housing prices and mortgage rates have impacted affordability levels to buy homes in th…
PTI
2 mins read
US stocks climb on tech-led rally as inflation data leaves rate-cut bets intact
"Despite the stickiness of inflation, current Fed policy is clearly restrictive," Jeffrey Roach, Ch…
Filip De Mott
4 mins read
Welcome to interest-rate cut week: Here's how the Fed's next move will impact everything from home prices to new cars loans
The Federal Reserve is expected to finally announce interest-rate cuts this week. Here's everything…
Madison Hoff,Ayelet Sheffey
4 mins read
Budget 2024: Three things the insurance sector want from FM Sitharaman this budget.
At present, individuals aged below 60 can claim an annual deduction of up to Rs 25,000 towards heal…
3 mins read
India's retail inflation eases further in May; here's what experts say
Annual retail inflation in May was at a 12-month low of 4.75 per cent, marginally down from 4.83 pe…
ANI
2 mins read
India's wholesale inflation stays in negative zone for 7th month
In a press release by the Ministry of Commerce and Industry, the annual rate of inflation based on …
ANI
2 mins read
Dow drops over 500 points as hot inflation data dents rate-cut hopes
With the latest consumer price index reading coming in above expectations, the odds of an interest …
Filip De Mott
2 mins read
US stocks rise after revised data shows inflation cooling at a faster rate
The S&P 500 topped 5,000, and US stocks on Friday were headed for a fifth straight week of gains.
Aruni Soni
3 mins read
Wall Street knows interest rate cuts are coming. What matters is how big they'll be.
Federal Reserve Chair Jerome Powell will deliver his biggest speech of the year at Jackson Hole. Wa…
Ayelet Sheffey
2 mins read
Stock market today: Stocks rise as traders await Jackson Hole and payroll adjustment locks in rate bets
Revised jobs data show that the economy added 818,000 fewer jobs than initially forecast. Stocks en…