Page 2 - Us Inflation

Asia shares rise marginally with focus on US inflation test, Fed meet

Japan's Nikkei last traded 0.4 per cent higher, helped by gains in financial and consumer names

As Fed's focus shift to protecting job market, policy needs to catch up

Powell's signal of coming rate cuts completed a Fed shift that began in January when it acknowledged emerging job market risks

Global rally, DII buying: Reasons why BSE Sensex jumped 1,300 pts on Aug 16

Hopes of US rate cut triggers global stock market rally: The BSE Sensex rallies past the 80,000 mark, and the NSE Nifty surges atop 24,400 led by strong gains in IT and private bank shares on Friday.

Trump attacks Harris on inflation, economics in remarks at his golf club

Former President Donald Trump has said that Americans are struggling with massive price hikes that he blamed on Vice President Kamala Harris, looking to saddle his new Democratic rival with the unpopular economic record of President Joe Biden. Trump on Thursday stuck close to his scripted economic message, reading from a binder in front of him in a news conference at his New Jersey golf club. A day earlier, he struggled to make a sustained case for his economic policies during a meandering speech that his campaign had billed as a major policy address. Kamala Harris is a radical California liberal who broke the economy, broke the border and broke the world, frankly, Trump told reporters. Trump was flanked by popular grocery store items, including instant coffee, sugary breakfast cereals and pastries, laid out on tables as he highlighted the cost of everything from food to car insurance to housing. The event came one day after the Labor Department announced year-over-year inflation h

Warren Buffett's Berkshire halves stake in Apple, now has $270 bn cash pile

With the recent sell-offs, Warren Buffett-led Berkshire Hathaway has raised its cash position relative to total assets in the June quarter to 25 percent

US consumer prices rebound in July, trend consistent with ease in inflation

The consumer price index increased 0.2 per cent last month after falling 0.1 per cent in June, the Labor Department's Bureau of Labor Statistics said

India bond yields marginally lower as traders await US inflation data

India's retail inflation eased in July due to vegetable inflation falling and high base effect as annual retail inflation was 3.54 per cent in July, lowest since Aug 2019, down from 5 per cent in June

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

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

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

Consumers could become discouraged unless rates drop: Bank of America CEO

At the end of July the Fed kept the policy rate in the same 5.25 per cent-5.50 per cent range it has been for more than a year, but signaled that a rate cut could come as soon as September

Will Trump get his wish for a weaker dollar?

One would hope that a Trump administration would not try to interfere with foreign-exchange markets beyond instituting tariffs

US inflation rises moderately, consumer spending cools before Fed's meet

The personal consumption expenditures (PCE) price index nudged up 0.1% last month after being unchanged in May, the Commerce Department's Bureau of Economic Analysis reported

Trump plans risk spurring US inflation that GOP is pledging to end: Report

"End inflation, and make America affordable again," the Republicans declared in their official campaign platform

US inflation cools in May; consumer spending rises marginally by 0.2%

In the 12 months through May, the personal consumption expenditures price index increased 2.6 per cent after advancing 2.7 per cent in April

As US inflation cools, Asian stocks head for 5th straight month of gains

Asian markets were little fazed by the first US presidential debate between Democratic President Joe Biden and his Republican rival Donald Trump ahead of the November election

Asian shares shaky as investors wary before US inflation data, yen lurks

Risk sentiment was also capped as hawkish comments from Federal Reserve officials kept near-term US rate cut expectations in check in a boost to the dollar

Bonds strengthen and rupee flat after favourable US inflation data

The 10-year US Treasury yield fell by 8 basis points to 4.32 per cent on Thursday

Govt bond yields slip below 7% as markets cheer US inflation data

Even though the Fed sees only 25 bps of cut, the futures market is pricing in 44 bps of cuts in 2024

Asian shares remain steady, dollar firm ahead of US inflation data report

European markets are also set to open slightly higher, with EUROSTOXX 50 futures up 0.3 per cent and the FTSE futures gaining 0.4 per cent