Business
Fed’s Powell strikes middle path on inflation, jobs, as others take sides
US Federal Reserve Chair Jerome Powell said on Tuesday the central bank needed to continue balancing the competing risks of high inflation…
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Inflation
Business
UK forecast to have highest inflation in G7 this year by OECD
Nick EdserBusiness reporter The UK is forecast to see the highest rate of inflation of the G7 advanced economies this year, according to…
Business
Asia: Markets struggle as focus turns to US inflation
ASIAN markets struggled on Tuesday to track another record day on Wall Street, with traders now awaiting the release of US inflation data…
Business
UK interest rates held at 4% but Bank warns 'not out of woods' on inflation
Dearbail JordanBusiness reporter UK interest rates have been held at 4% as the Bank of England governor warned "we're not out of the woods…
Business
Morgan Stanley CIO favours 60/20/20 portfolio strategy with gold as inflation hedge
A 60/20/20 portfolio strategy that includes 20 per cent gold is a more resilient inflation hedge at a time when US equities are offering…
Business
Whether it’s one rate cut or more, Fed’s Powell likely to act with caution as inflation stays high
US central bank expected to cut rates by 25 basis points to a range of between 4% and 4.25 % this week A US Federal Reserve rate cut this…
Business
Fed caught between inflation concerns and soaring jobless claims
The Federal Reserve faces a huge test this month as it weighs the state of the economy under President Trump, with inflation running a bit…
Business
US: Wall St opens higher after inflation data keeps rate cut bets firm
Wall Street’s main indexes opened slightly higher on Thursday (Sep 11) after the latest inflation reading kept the US central bank on…
Business
Producer inflation falls in August, pointing to softening demand
U.S. producer prices unexpectedly fell in August amid a compression in trade services margins and mild increase in the cost of goods,…
Business
Gold takes a breather as focus turns to US inflation data
Gold prices were flat on Wednesday (Sep 10), as investors awaited key inflation reports due later this week, while expectations of a US…
Business
Hidden inflation drives Japan consumers to price-tracking sites
Shoppers in the island nation are facing higher living costs for the first time since the burst of an asset bubble in the early 90s…
Business
US: Wall Street opens lower after inflation data; tariff concerns weigh
Wall Street’s main stock indexes opened lower on Friday (Aug 29) after an in-line inflation report kept in place bets for a September…
Business
Global stocks are mostly down ahead of key U.S. inflation report
European shares were trading lower on Friday following a mixed session in Asia as investors awaited a key U.S. inflation report.…
Business
Food inflation: Rising chocolate and egg prices drive up rates
The rising cost of chocolate, butter and eggs has helped drive food price inflation to its highest in 18 months, a survey says. Food…
Business
Singapore shares close higher on Monday as inflation eases; STI up 0.1%
Stocks on the local bourse closed higher on Monday (Aug 25) after the Republic reported that core inflation eased to 0.5 per cent in July,…
Business
Japan’s inflation hovers well above BOJ’s goal even as it slows
THE pace of Japan’s consumer inflation stayed well above the Bank of Japan’s target even as price growth moderated, supporting market…
Business
Fed minutes show majority of FOMC saw inflation as greater risk
Most US Federal Reserve officials highlighted the risk to inflation as outweighing concerns over the labour market at their meeting last…
Business
UK inflation: Air fares and food prices push rate up to 3.8% in July
Karen Hoggan Business reporter, BBC News Prices in the UK rose by 3.8% in the year to July, driven mainly by a jump in the price of air…
Business
U.S. stocks slide following inflation report, but world shares are mostly higher
World shares are generally higher after most stocks on Wall Street fell following a disappointing report that said inflation was worse…
Business
Beware the Return of Inflation
The surge in the producer price index is not due to tariffs — which should worry the administration. Source link
Business
Traders trim Fed-cut bets as wholesale inflation clouds outlook
Wall Street traders dialled back expectations for an interest-rate cut next month, sending Treasury yields higher, after fresh data on…
News
Inflation Is Soaring Again—and It’s All Trump’s Fault
The National Guardsmen patrolling the city’s streets are not “in their lane,” said Hodges, citing his six-year stint as a member of the…
Business
US: S&P 500, Nasdaq retreat from record rally after hot producer inflation data
The S&P 500 and the Nasdaq retreated from record highs on Thursday (Aug 14), after a hotter-than-expected producer prices report dampened…
News
Trump's nominee to oversee jobs and inflation data faces shower of criticism
The director of the agency that produces the nation's jobs and inflation data is typically a mild-mannered technocrat, often with…