Page 5 - Latest Updates on Inflation
Oil goes higher as halted Libyan exports levels expected Opec+ supply boost
News of increased production helped push oil prices lower last week but the scale of the sell-off was overdone, said Phil Flynn, an analyst at Price Futures Group
 "Oil goes higher as halted Libyan exports levels expected Opec+ supply boost")
Pakistan inflation ceases further in Aug providing room for more rate cuts
Pakistan's central bank has slashed rates by a cumulative 250 basis points in the last two meetings and is scheduled to hold the next review on Sept 12
 "Pakistan inflation ceases further in Aug providing room for more rate cuts")
Donald Trump vows to tackle inflation, corruption at Pennsylvania rally
Trump said that he will work towards making the country a dominant energy producer in the world and claimed the country will experience a reduction in energy costs
 "Donald Trump vows to tackle inflation, corruption at Pennsylvania rally")
Inflation targeting: Why modifying the approach may be counterproductive
The current inflation-targeting regime should be suitably updated, but it should remain the framework for India's monetary policy for the foreseeable future
 "Inflation targeting: Why modifying the approach may be counterproductive")
Bank of Canada may cut interest rates deeper, faster over next year
Policymakers led by Governor Tiff Macklem are expected to lower the benchmark overnight rate to 4.25 per cent at their Sept. 4 meeting
 "Bank of Canada may cut interest rates deeper, faster over next year")
Asia shares edge up ahead of inflation data today, oil price gains
Brent rose 51 cents to $79.53 a barrel, while U.S. crude added 50 cents to $75.33 per barrel
 "Asia shares edge up ahead of inflation data today, oil price gains")
Why RBI cannot ignore food price pressures in overall inflation management
High food inflation can lead to the unanchoring of inflation expectations, which could significantly complicate overall inflation management
 "Why RBI cannot ignore food price pressures in overall inflation management")
Who has won the inflation debate - Team Transitory or Team Permanent?
The rift between those who said inflation was transient and those who thought it permanent partly reflected differences over what caused prices to rise in the first place
 "Who has won the inflation debate - Team Transitory or Team Permanent?")
Food inflation likely to drop in coming months on good harvest: Govt report
The steady progress in the southwest monsoon has supported summer sown crops, finance ministry said in its monthly economic report
 "Food inflation likely to drop in coming months on good harvest: Govt report")
China's extreme weather takes bite out of produce as prices rise sharply
Soaring food prices this summer present an additional headache for the world's second-largest economy, which is already wrestling with thorny problems from sluggish factory output and joblessness
 "China's extreme weather takes bite out of produce as prices rise sharply")
Why it makes sense for food prices to be cut out of RBI's inflation target
Officials are depressingly hesitant to touch anything to do with food production and prices, since these are particularly sensitive politically
 "Why it makes sense for food prices to be cut out of RBI's inflation target")
US producer inflation slows in July amid signs of pricing power diminishing
The report from the Labor Department on Tuesday also showed favorable readings for most of the components that go into the calculation of the personal consumption expenditures
 "US producer inflation slows in July amid signs of pricing power diminishing")
Spiraling electricity bills overtake rent costs for some people in Pakistan
The South Asian nation - where nearly half the population survives on less than $4 a day - has seen electricity prices surge 155 per cent since 2021
 "Spiraling electricity bills overtake rent costs for some people in Pakistan")
Govt bond yields may soften slightly as inflation falls below forecast
Market participants expect the benchmark yield to open around 6.85 per cent on Tuesday
 "Govt bond yields may soften slightly as inflation falls below forecast")
Retail inflation cools to nearly 5-year low in July, IIP falls 4.2% in June
Food inflation remained declined to 5.42 per cent in July from 9.36 per cent in June
 "Retail inflation cools to nearly 5-year low in July, IIP falls 4.2% in June")
Rupee flat, forward premiums dip as focus shifts to US inflation data
The rupee has struggled over the last two weeks amid outflows from local stocks
 "Rupee flat, forward premiums dip as focus shifts to US inflation data")
Govt bond yields seen steady as markets focus on inflation prints
The RBI last week kept the key interest rate unchanged, retaining its focus on bringing inflation down
 "Govt bond yields seen steady as markets focus on inflation prints")
Yen slightly softer against dollar, Fed rate cut remains uncertain
The respite follows a tumultuous week that began with a massive selloff across currencies and stock markets
 "Yen slightly softer against dollar, Fed rate cut remains uncertain")
Dimon Says He's Skeptical Inflation Will Return to Fed's 2% Target
Dimon has been warning for more than a year that inflation may be stickier than investors expect
 "Dimon Says He's Skeptical Inflation Will Return to Fed's 2% Target")
RBI's stance provides elbow room to check inflation, aid growth: Experts
Nikhil Gupta, Chief Economist, MOFSL Group said what probably was more important was the Governor's emphasis on headline inflation and the focus on inflation deceleration when growth remains so good
