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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
1 min read
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
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
1 min read
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
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
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
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
2 mins read
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
1 min read
We just got another sign inflation is cooling
New data shows labor costs are slowing, which could give the Fed more confidence that inflation is …
Kelly Cloonan
4 mins read
RBI likely to keep interest rate unchanged at 6.5%, say experts
Reserve Bank of India (RBI) is likely to keep the key interest unchanged at 6.5% on Thursday, and w…
PTI
2 mins read
Taylor Swift concerts and the Olympics could lead to a fresh surge in global inflation, UBS says
Mega-events, like Taylor Swift shows and the Olympics, could distort headline inflation figures, UB…
Jennifer Sor
2 mins read
Stock market today: Indexes close mixed before fresh inflation data
The stock market wavered on Monday ahead of the July PPI report. Oil prices surged on fresh tension…
Max Adams
2 mins read
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
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
2 mins read
Stock market today: Stocks soar as investors cheer soft PPI and brace for consumer inflation data
Stocks surged as investors were encouraged by cooler producer inflation. The Dow rose 400 points an…
Filip De Mott
2 mins read
Trading activity to hinge on Q1 results, global trends in holiday-shortened week: analysts
Among major quarterly earnings to be tracked this week are from HDFC Life Insurance Company, Bajaj …
PTI
2 mins read
Gold rises on jewellers' buying, positive overseas trend
In sarafa markets, the yellow metal was trading at Rs 75,100 per 10 grams, up by Rs 50 agains…
PTI
2 mins read
The Fed is only going to cut rates once in 2024 as shelter inflation is too high and the job market is hot, Vanguard says
The Fed is most likely cutting rates once in September, Vanguard predicted. Markets are still antic…
Jennifer Sor
2 mins read
Stock market today: Dow soars 654 points as traders celebrate inflation data
Stocks snapped a three-day streak of losses after June's inflation data came in line with expectati…
Filip De Mott
3 mins read
Market salutes Modi's third term: Sensex-Nifty open at all-time high
Indian stock indices continued their uptrend from the past week and opened at fresh record highs at…