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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
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
2 mins read
The possibility of stagflation hitting the US economy isn't off the table, JPMorgan chief Jamie Dimon says
JPMorgan Chase CEO Jamie Dimon said the worst outcome for the US economy is stagflation, and it isn…
Kelly Cloonan
4 mins read
INDIA bloc leaders gather at Jantar Mantar, demand release of Delhi CM Kejriwal
They also blamed the Centre for obstructing the work of the Delhi government, therefore leading to …
PTI
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
4 mins read
Inflation spikes in June 2024 due to high food prices; Likely to affect RBI’s decision on interest rate
Indian retail inflation rises to 5.08% in June, driven by a spike in food prices. Food price inflat…
1 min read
Don't get spooked by recession fears. The US is well on its way to a soft landing, Goldman Sachs says
Analysts from Goldman Sachs say the US is on its way to a soft landing, with recent volatility fue…
Kelly Cloonan
2 mins read
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
4 mins read
After AAP, ED attaches land, bank deposits of CPI(M); says party holding proceeds of money laundering
Official sources said the party may be named as an accused in the next supplementary chargesheet to…
PTI
1 min read
Why the Fed won't cut rates until December, according to Bank of America
"We think the Fed can be patient," Bank of America economists wrote in new research.
Kelly Cloonan
2 mins read
RBI retains inflation projection for FY25 at 4.5%
The Reserve Bank, which has been mandated to ensure inflation remains at 4 per cent (with mar…
PTI
2 mins read
Why June CPI is going to be a big moment for stock market bulls, according to Fundstrat's Tom Lee
"It's going to be a week of reckoning, and I mean a reckoning of how people view inflation and the …
Matthew Fox
2 mins read
3 reasons the Fed should cut interest rates this month instead of waiting for September
"If the case for a cut is clear, why wait another seven weeks before delivering it?" Goldman Sachs …
Matthew Fox
5 mins read
Welcome back to Wall Street earnings season
Among other things, bankers and investors will be keeping an eye out for updates on Jamie Dimon's r…
Jordan Parker Erb
2 mins read
Inflation cooled off more than expected in June
Inflation keeps cooling. The consumer price index rose 3.0% year over year; the forecast was 3.1%.
Madison Hoff
1 min read
Retail inflation falls to 6.83% in August as vegetable prices cool a bit
India's retail inflation measured by consumer price index (CPI), fell to 6.83 % in August against 7…
2 mins read
India's retail inflation in Sept eases to 3-month low; Aug IIP hits 10.3%
India's retail inflation declined to a three-month low of 5.02 in September, mainly due to easing f…
3 mins read
Here's how inflation has ratcheted up the cost of basics like housing and food for families across the US
Daily essentials are inflating faster than broad inflation indexes, as the ALICE Essentials Index i…
Juliana Kaplan,Noah Sheidlower
2 mins read
The phenomenon behind tumultuous prices
Prices of the humble tomato, an integral part of our diet, dominated through July because prices h…
3 mins read
Inflation unexpectedly cools off as the Fed decides its next move
The Consumer Price Index increased 3.3% year over year in May, which is less than the 3.4% increase…