Page 2 - Global Inflation

Bank of Japan's underlying inflation measures all fall below 2% in April

The weighted median inflation rate, among the three indicators closely watched as a gauge on whether price rises are broadening

Fed's favourite underlying inflation gauge cools, shows modest relief

Economists expect the personal consumption expenditures price index minus food and energy, due on Friday, to rise 0.2 per cent in April

Inflation data, Q4 earnings, trends to drive markets this week: Analysts

Stock markets will be driven by domestic inflation data, ongoing quarterly earnings from corporates and global trends this week, analysts said. News flows around the general election would also be tracked by investors, market experts said. 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. "Investors will be bombarded with economic data on both domestic and global fronts. Domestically, watch for Consumer Price Index (CPI) and Wholesale Price Index (WPI). Globally, focus will be on the US Producer Price Index (PPI) and Consumer Price Index (CPI) figures. "Additionally, Federal Reserve Chair Jerome Powell's speech will be a key event to watch. China's industrial production data and Japan's GDP figures round out the important releases for the week," said Santosh Meena, Head of Research, Swastika Investmart Ltd. Vinod Nair, Head of Research at Geojit Financial Services, sa

Anchoring expectations

Food prices are disrupting the disinflation process

Jerome Powell likely to keep borrowing rates higher-for-longer time

In the euro zone, data may show that the slowdown in inflation stalled in April for the first time this year

Global wine demand drops to 27-year low as prices hit record high

The fall in demand last year was particularly big in China, estimated at minus 25%

Federal Reserve's preferred inflation gauge set to back rate-cut patience

Policymakers' preferred inflation gauge - the personal consumption expenditures price index - probably stayed elevated in March, according to data due in the coming week

UK retail sales stagnate in March despite easing inflation, shows govt data

Friday's figures contrasted with some business surveys that showed a pick-up in retail sales in March

Are the stock markets prepared for a delay in interest rate cut?

As regards rate cuts, analysts expect the global central banks, especially in Asia, to follow the Fed in rate cutting cycle

Glacial inflation slowdown set to back Fed's caution to cut interest rates

The March core consumer price index, a measure of underlying inflation that excludes food and fuel, is seen rising 0.3% from a month earlier after a 0.4% advance in February

Amid healthy US jobs report, US Fed likely to delay interest rate cuts

US employers hired far more workers than expected in March and raised wages at a steady clip, the Labor Department said

Monetary policy path

Global financial conditions are expected to ease

Wholesale inflation eases to a four-month low of 0.2% in February

The prices of manufactured products, which have a weighting of 64.2 per cent in the index, remained in deflation (minus 1.27 per cent) for the twelfth consecutive month in February

Asia will continue to stay on course with disinflation: RBI's Patra

Signs are pointing towards alignment with central bank targets, says RBI Deputy Governor Debabrata Patra

Global stock index edges up, dollar falls after US inflation reading

The MSCI world equity index, which tracks shares in 49 nations, gained 0.12%, after earlier hitting its highest level in almost two years

US consumer confidence rises to five-month high, home sales eke out gains

Though consumers continued to worry about inflation, many were planning to buy motor vehicles, houses and major appliances like refrigerators and clothes dryers over the next six months

Bank of England holds rates with warning of 'way to go' on inflation

The UK central bank's decision contrasted with the US Fed's admission last night that reductions were on the agenda, reiterating that BOE policy will be "sufficiently restrictive" for long

European Central Bank holds rates as inflation cools but hastens bond exit

The deposit rate was left at a record 4% with the ECB reiterating that this level will make a "substantial contribution" to returning consumer-price growth to its 2% goal

Nine states record a higher rate of inflation in November, shows data

India's overall inflation rate is higher than all the advanced economies

Global rate-cut standoff looms in 2023 policy finale; all eyes on Fed, BOE

Policymakers from fully half of the Group of 10 jurisdictions of most-traded currencies are scheduled to meet in the coming days, and interest rates for 60% of the world economy will be set