Page 17 - Latest Updates on Inflation
With inflation falling fast, will Bank of England quickly cut rates?
Much of the drop in headline consumer price inflation - from a peak of 11.1 per cent a year and a half ago - is due to falling energy prices which are beyond the BoE's control
 "With inflation falling fast, will Bank of England quickly cut rates?")
Best of BS Opinion: Tweaking the inflation targeting mandate & more
Here is the best of Business Standard's opinion pieces for today
 "Best of BS Opinion: Tweaking the inflation targeting mandate & more")
Tweaking the inflation targeting mandate
A key focus for the new govt should be to ensure wider consultation in setting inflation target
Metals, stocks shine amid economic optimism due to slower inflation
Gold climbed more than 1% to a record $2,449.89 an ounce, while three-month copper on the London Metal Exchange surged as much as 4.1% to a historic high of $11,104.50
 "Metals, stocks shine amid economic optimism due to slower inflation")
Soft US inflation data pushes markets higher; Sensex gains 677 points
Indices post biggest gains in two weeks
 "Soft US inflation data pushes markets higher; Sensex gains 677 points")
JPMorgan CEO Jamie Dimon sees 'lot of inflationary forces in front of us'
'If you have higher rates and - God forbid - stagflation, you will see stress in real estate and leveraged companies, and private credit,' Dimon said
 "JPMorgan CEO Jamie Dimon sees 'lot of inflationary forces in front of us'")
US consumer inflation eases to 0.3% in April; retail sales unchanged
The reports suggested that domestic demand was cooling, which is likely to be welcomed by officials at the U.S. central bank as they try to engineer a "soft-landing" for the economy
 "US consumer inflation eases to 0.3% in April; retail sales unchanged")
'Soft landing' hopes at stake as investors await key US inflation data
Fed Chairman Jerome Powell has downplayed the potential for rate hikes this year and recent data showed cooling in the labor market
 "'Soft landing' hopes at stake as investors await key US inflation data")
Spike in food & fuel prices push WPI inflation to 13-month high in April
April's increase in factory gate inflation mainly powered by spikes in food and fuel prices
 "Spike in food & fuel prices push WPI inflation to 13-month high in April")
US producer prices in Apr soar more than expected on strong services, goods
The report from the Labor Department on Tuesday also showed wholesale goods prices rising solidly last month, though the cost of food declined
Why Indian farmers suffer as the government continues to fight inflation?
Govt's aggressive fight against inflation has come despite expectations of a bumper monsoon in 2024
 "Why Indian farmers suffer as the government continues to fight inflation?")
Over dozen states have higher inflation than national avg of 4.83% in April
The cost of living rose faster in 13 states in the last month compared to the national print of 4.83 per cent. Odisha registered the highest rate of inflation among the states at 7.11 per cent
 "Over dozen states have higher inflation than national avg of 4.83% in April")
Retail inflation eases to 4.83% in April on softening fuel prices
Core inflation has also trended downwards at 3.2 per cent, which is the lowest in the 2012 base CPI series
 "Retail inflation eases to 4.83% in April on softening fuel prices")
Gold declines as traders await key US inflation data for more rate cut cues
Spot gold fell 0.7% to $2,342.95 per ounce by 1442 GMT. It had hit its highest level since April 22 on Friday
 "Gold declines as traders await key US inflation data for more rate cut cues")
Brent crude oil hovers above $83 as inflation data takes centre stage
Brent crude futures were up 55 cents at $83.34 a barrel by 1239 GMT. U.S. West Texas Intermediate crude futures rose 62 cents to $78.88
 "Brent crude oil hovers above $83 as inflation data takes centre stage")
Indian senior living market has potential to touch $12 bn by 2030: Report
Rise in median age and ageing population to fuel increase in demand for senior housing
 "Indian senior living market has potential to touch $12 bn by 2030: Report")
Pakistan PM Sharif approves $86 mn grant for Kashmir region after protests
A police official was killed and over 90 people injured when thousands of people clashed with police in the region over the weekend, said Shah Nawaz, a local government official
 "Pakistan PM Sharif approves $86 mn grant for Kashmir region after protests")
Inflation data, Q4 earnings, trends to drive markets this week: Analysts
Besides, investors would also take cues from the trading activity of foreign investors, the movement of global oil benchmark Brent crude and the rupee-dollar trend
 "Inflation data, Q4 earnings, trends to drive markets this week: Analysts")
BJP seeks votes in name of God instead of talking about inflation: Priyanka
Targeting Irani, Priyanka Gandhi said her sole intention was to defeat Rahul Gandhi
 "BJP seeks votes in name of God instead of talking about inflation: Priyanka")
Nissan Motor upbeat on annual profit with 5.5% rise despite challenges
It also expects foreign exchange moves to boost its annual results, helping to offset inflationary pressures
 "Nissan Motor upbeat on annual profit with 5.5% rise despite challenges")