In the 12 months through October, the CPI climbed 3.2 per cent after rising 3.7 per cent in September
The strategists expect the benchmark federal funds rate to fall to between 2.5% and 2.75% by the end of 2024, and see the terminal rate at 1.25% by early 2025
Core US CPI month-over-month is expected to have risen 0.3% in October, with a year-over-year increase of 4.1%, a poll showed. Both estimated gains are the same as in September
Forecasters see more straightforward progress on the so-called core measures for both CPI and PCE inflation, which strip out the more volatilie components of food and energy
Prices gained nearly 2% on Friday as Iraq voiced support for oil cuts by OPEC+, but lost about 4% for the week, recording a three-week losing streak for the first time since May
Closing Bell on November 10, 2023: Among sectors, the Nifty Media index fell 1.2 per cent, followed by the Nifty Auto index (down 0.35 per cent)
Domestic policies have helped emerging-market economies
The bank's top regulator has been pressing the New York-based firm to improve its processes and controls to prevent wealthy international clients from laundering money
After getting battered for most of 2023, emerging market (EM) currencies have made modest gains against the dollar after the Federal Reserve held interest rates steady last week.
Bids worth Rs 40.2K cr vs target to raise Rs 10K cr
Snap two-week losing streak on softening US yields, Fed view
RBI Governor Shaktikanta Das recently said at the Business Standard's BFSI Insight Summit domestic factors determined India's monetary policy
US bond yields retreat on signs the Federal Reserve may be done with tightening
Stocks to watch on November 2, 2023: Two-wheeler manufacturer Hero Moto's consolidated net profit rose 47.6 per cent YoY to Rs 1,007 crore in the September quarter
''Economic activity expanded at a strong pace in the third quarter," the U.S. central bank said in a policy statement after a two-day meeting
Stock market on November 1, 2023: On the positive front, Sun Pharma gained nearly 3 per cent; Debutant Blue Health hit upper circuit on debut.
MSCI's index tracking EM stocks was unchanged, while a basket of developing markets currencies edged down 0.1% by 0902 GMT
Titan, Kotak Mahindra Bank, Asian Paints, HCL Technologies, Tech Mahindra, NTPC, Nestle and Power Grid were the major gainers
Fed Chair Jerome Powell has said the pieces of the low-inflation "puzzle" may be aligning, though the central bank hasn't declared its inflation fight over
The strong inflows from listed funds into the domestic markets come on the back of an increase in India's weightage