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China's faltering growth revives cash vouchers talk to fulfill targets

Rising inflation was attributed to bad weather rather than stronger domestic demand, a jump in imports reflected frontloaded chip purchases before expected U.S. technology curbs

China's faltering growth revives cash vouchers talk to fulfill targets
Updated On : 19 Aug 2024 | 8:43 AM IST

US inflation cools again, may usher interest rate cuts by Federal Reserve

Inflation in the United States cooled in June for a third straight month, a sign that the worst price spike in four decades is steadily fading and may soon usher in interest rate cuts by the Federal Reserve. In a better-than-expected report from the government, consumer prices declined 0.1 per cent from May to June after having remained flat the previous month, the government reported Thursday. And measured from 12 months earlier, prices were up 3 per cent in June, down from 3.3 per cent in May. The latest inflation readings could help convince the Fed's policymakers that inflation is returning to its 2 per cent target. A brief pickup in inflation early this year had caused Fed officials to scale back their expectations for interest rate cuts. They responded by saying they would need to see several months of mild price increases to feel confident enough enough to cut their key rate from its 23-year high. The June inflation data will qualify as as another installment of the more goo

US inflation cools again, may usher interest rate cuts by Federal Reserve
Updated On : 12 Jul 2024 | 1:13 AM IST

US Fed meeting decision, inflation data to be out today: What to expect

The US Federal Reserve is expected to keep interest rates unchanged in today's announcement. With that, all eyes will on whether it adjusts its forecasts for potential rate cuts this year

US Fed meeting decision, inflation data to be out today: What to expect
Updated On : 12 Jun 2024 | 12:15 PM IST

US consumer confidence recovers after 3 months; inflation worries persist

While the economy is expected to slow this year as a result of the cumulative impact of 525 basis points worth of interest rate hikes from the Federal Reserve since March 2022 to tame inflation

US consumer confidence recovers after 3 months; inflation worries persist
Updated On : 28 May 2024 | 11:49 PM IST

Dollar trades low ahead of crucial inflation report; yen under pressure

The yuan slid to a two-week low versus the dollar after US President Joe Biden unveiled steep tariff increases on an array of Chinese imports

Dollar trades low ahead of crucial inflation report; yen under pressure
Updated On : 15 May 2024 | 10:03 AM IST

US dollar surges to seven-week highs after strong inflation data

Dollar climbed to seven-week peaks on Friday, after data showed US inflation accelerated while consumer spending rebounded last month

US dollar surges to seven-week highs after strong inflation data
Updated On : 24 Feb 2023 | 10:01 PM IST

Fed officials at last meeting saw few signs that inflation was easing

Federal Reserve officials at their last meeting saw very few signs that inflation pressures were abating before raising their benchmark interest rate by a substantial three-quarters of a point for a fourth straight time. Rising wages, the result of a strong job market, combined with weak productivity growth, were inconsistent" with the Fed's ability to meet its 2% target for annual inflation, the policymakers concluded, according to the minutes of their Nov. 1-2 meeting released Wednesday. At that meeting, the Fed officials also expressed uncertainty about how long it might take for their rate hikes to slow the economy enough to tame inflation. Still, some of the policymakers expressed hope that falling commodity prices and the unsnarling of supply chain bottlenecks should contribute to lower inflation in the medium term.'' There were widespread expectations that ongoing rate increases would be essential'' to keep Americans from expecting inflation to continue indefinitely, the ...

Fed officials at last meeting saw few signs that inflation was easing
Updated On : 24 Nov 2022 | 7:09 AM IST

Why US Fed's rate hike failed to calm markets?

The S&P BSE Sensex and Nifty50 indices hit 52-week lows on Thursday, as economists fear a recession could be around the corner for the US. Markets watchers see more pain ahead for the Indian markets

Why US Fed's rate hike failed to calm markets?
Updated On : 17 Jun 2022 | 7:00 AM IST

Asian, EMs entering the late stages of a bear market: Morgan Stanley

Over the next 12 months, Morgan Stanley forecasts range-bound markets for equities, credit, yields, and the US dollar

Asian, EMs entering the late stages of a bear market: Morgan Stanley
Updated On : 12 May 2022 | 10:55 PM IST

'If required, Fed will go for more aggressive rate hikes to curb inflation'

The Fed last week raised its benchmark interest rate by a quarter percentage point to a range of 0.25% to 0.5% from near zero

'If required, Fed will go for more aggressive rate hikes to curb inflation'
Updated On : 22 Mar 2022 | 10:46 AM IST

Sell-off in mid, small-caps to bottom out soon

The mid-and small-cap indices on the BSE cracked over 3% last week. While the overall nervousness in the market is a reason for the poor show, analysts say the trend may soon reverse on the bourses

Sell-off in mid, small-caps to bottom out soon
Updated On : 14 Feb 2022 | 8:09 AM IST

US yields rise, Asian shares, European futures tumble on inflation warning

SHANGHAI (Reuters) - Asian shares plunged to their lowest in nearly 15 months, short-term U.S. yields hit 23-month highs and the dollar strengthened on Thursday after the Federal Reserve's chairman signalled plans to steadily tighten policy.

US yields rise, Asian shares, European futures tumble on inflation warning
Updated On : 27 Jan 2022 | 2:28 PM IST

US inflation leaps 7% in 2021 to hit nearly 40-year high, shows data

The consumer price index climbed 7% in 2021, the largest 12-month gain since June 1982, according to Labor Department data

US inflation leaps 7% in 2021 to hit nearly 40-year high, shows data
Updated On : 12 Jan 2022 | 10:53 PM IST

Dollar off to firm start as US price data fail to quell inflation worries

The dollar's index against six other major currencies was steady at 91.793, having recovered from Friday's low of 91.524 hit in the wake of the inflation readings

Dollar off to firm start as US price data fail to quell inflation worries
Updated On : 28 Jun 2021 | 7:23 AM IST

Markets fixated about inflation but it is the wrong bogeyman to worry about

Voices crying about inflation and currency debasement should be treated with caution.

Markets fixated about inflation but it is the wrong bogeyman to worry about
Updated On : 12 Aug 2020 | 11:58 AM IST

US inflation, labour market data bolster Fed December rate hike

The Federal Reserve has a 2% inflation target and tracks an inflation measure which is currently at 1.7%

US inflation, labour market data bolster Fed December rate hike
Updated On : 18 Nov 2016 | 8:19 AM IST