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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
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
Wages have outpaced inflation since 2020 but many consumers still feel burdened by prices
On average, wages have outpaced inflation since the pandemic, but even with those gains, plenty of …
John Towfighi
Inflation declines to five-year low of 3.54% in Jul: Govt data
The last time inflation was below 4 per cent was in September 2019. The government has tas…
PTI
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
Repo rate cut unlikely in ongoing MPC meeting, but RBI may change it during October policy review: Experts
The Reserve Bank of India (RBI) has started its three-day monetary policy committee (MPC) meeting i…
ANI
Retail inflation eases marginally to 1-year low of 4.75% in May: Govt data
Retail inflation eased to a one-year low of 4.75 per cent in May as prices of some kitchen items de…
PTI
SBI report says inflation will remain around 5 per cent this fiscal
Recent data indicates that the Consumer Price Index (CPI) inflation rose to 5.08 per cent in June 2…
ANI
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
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
America's shopping spree is over and retailers are facing a new world of cautious consumers
76% of consumers said they planned to trade down in the next quarter, spelling trouble for the weak…
Jennifer Sor
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
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
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
Russian inflation will soar even higher as sanctions spark another surge in gas prices, British intelligence says
Inflation in Russia is "highly likely" to remain above target through the rest of 2024, the UK Defe…
Jennifer Sor
People in China still aren't buying enough stuff — so exporters are slashing prices to push more overseas sales
China reported exports rose 8.7% in August from a year ago to nearly $309 billion but imports edged…
Huileng Tan
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
A necessary step or government overreach? Economists are divided over Kamala Harris' plan to clamp down on food inflation
Kamala Harris unveiled a plan for the first ever federal ban on price gouging. Economic experts hav…
Filip De Mott
The tricky way the government could lower grocery prices
While some states have price gouging laws, experts say they are either too broad or too specific to…
Ayelet Sheffey
The Fed has redeemed itself after an 'egregious' post-COVID inflation error, former Treasury Secretary Larry Summers says
"They moved strongly enough and vigorously enough to keep expectations anchored," the former Treasu…