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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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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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3 mins read

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   


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1 min read

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   


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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   


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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   


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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   


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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   


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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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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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4 mins read

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   


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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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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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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   


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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   


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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   


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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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3 mins read

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   


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5 mins read

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   


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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…

Filip De Mott