Page 17 - Us Inflation

Asia stocks wobble, dollar firm as markets wary before US inflation data

MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.3%, after U.S. stocks ended the previous session with mild losses.

Asian stock markets wary ahead of ECB meeting, US inflation data

The mood in equity markets was cautious, with MSCI's broadest index of Asia-Pacific shares outside Japan easing 0.1%. Japan's Nikkei dropped 0.6%, having shed 2.6% last week.

Bitcoin declines below key technical mark as rate concerns mount

US inflation likely accelerated to 8.4% in March, the fastest pace since early 1982, economists surveyed ahead of data due Tuesday predict.

Dollar buoyant as Federal Reserve readies to step up inflation fight

SINGAPORE (Reuters) - The dollar hovered near a two-year high against a basket of currencies on Thursday, after meeting minutes showed the Federal Reserve preparing to move aggressively to head off inflation.

Biden's pause on federal student loan extension fuels inflation concerns

US President Joe Biden's newly announced plan to extend a pause on federal student loan repayments has drawn backlash from budget watchers and economists

Markets are pricing in 25 bps US Fed rate hike: Analysts

On its part, the US has been battling a spike in inflation that hit 7.9 per cent in February - a four-decade high. The CPI has not been the highest since January 1982, when it hit 8.4 per cent

US Fed policy and market impact

Investors in India are worried about a possible interest rate hike by the US Fed, which is under pressure to cap inflation. Experts believe that a 25 basis point hike is already penciled in.

Fed must move 'expeditiously' and, if needed, more aggressively: Powell

Fed policymakers last week raised interest rates for the first time in three years and signaled ongoing rate hikes ahead

Fed hawks say more dramatic rate moves may be needed to tame inflation

Fed officials hiked interest rates this week for the first time in three years and signaled that more rate increases are coming

Hawkish Fed to cast a shadow on markets this week?

Stabilising crude oil prices and BJP's impressive show in state polls boosted the morale on the streets. This week investors will track the two-day Fed meeting against the backdrop of US inflation

Sensex adds 86 pts; GNFC, JK Paper surge 12% each, auto stocks slide

CLOSING BELL: Sectorally, the Nifty Pharma index was the best performing index, rising 2.5 per cent on the NSE. The Nifty Auto index, on the other hand, slipped 0.4 per cent

Global share markets fall as US inflation hits nearly 8%, ECB moves

Global share markets slid on Thursday as U.S. inflation hit almost 8%, making it almost certain the U.S. Federal Reserve will raise interest rates next week

Euro eases after ECB meeting, while dollar firms following inflation data

The euro retreated from its overnight gains on Thursday following the European Central Bank's announcement it will phase out its stimulus in the third quarter

US inflation hit fresh 40-year high of 7.9% before crude oil spike

While February was once forecast as the peak for US inflation, now readings are set to increase to above 8 per cent, according to some economists

Biden's inflation plan upends thinking on US jobs sent overseas

President Joe Biden has a solution for high inflation that seems counterintuitive: Bring factory jobs back to the US. This challenges a decades-long argument that employers moved jobs abroad to lower their costs by relying on cheaper workers. The trend contributed to the loss of 6.8 million US manufacturing jobs, but it also translated into lower prices for consumers and put downward pressure on inflation in ways that kept broader economic growth going. It was a trade-off that many corporate and political leaders were privately comfortable making. Now, with inflation at a 40-year high, the president has begun to argue that globalisation is stoking higher prices. That's because proponents of outsourcing failed to consider the costs of increasingly frequent global supply chain disruptions. Recent disruptions have included the COVID-19 pandemic, shortages of basic goods like semiconductors, destructive storms and wildfires and, now, the Russian invasion of Ukraine, which has sent oi

Key US inflation gauge hits 6.1% in January, highest since 1982

An inflation gauge that is closely monitored by the Federal Reserve jumped 6.1% in January compared with a year ago, the latest evidence that Americans are enduring sharp price increases

US consumer spending beats expectations in January; inflation rises further

The rebound in spending could further temper expectations for a sharp slowdown in economic growth in the first quarter

US: January wholesale inflation surged 9.7% from a year ago

Wholesale inflation in the United States surged again last month, rising 9.7% from a year earlier in a sign that price pressures remain high at all levels of the economy.

A first in 3 decades, retail inflation in US higher than India for 4 months

But for the first time in the past 30 years, the US reported a higher consumer price inflation (CPI) rate than India in five consecutive months

Japan's Nikkei lose most in 3 weeks on Ukraine, US inflation risks

The Nikkei share average lost 2.23% to close at 27,079.59, posting its biggest daily percentage drop since January 27 and touching below the 27,000 level for the first time since January 31