Page 2 - Us Inflation

US inflation rises in August as fuel, food, air travel costs increases

Inflation moved higher last month as the price of gas, groceries, hotel rooms and airfare rose, along with the cost of clothes and used cars. Consumer prices rose 2.9 per cent in August from a year earlier, the Labour Department said Tuesday, up from 2.7 per cent the previous month and the biggest increase since January. Excluding the volatile food and energy categories, core prices rose 3.1 per cent, the same as in July. Both figures are above the Federal Reserve's 2 per cent target. The reading is the last data the Fed will receive before its key meeting next week, when policymakers are widely expected to cut their short-term rate to about 4.1 per cent from 4.3 per cent. Still, the figures underscore the challenges the Fed is facing as it experiences relentless pressure from President Donald Trump to cut rates. Even as inflation has ticked higher, recent government reports have also shown that hiring has slowed sharply in recent months and was lower than previously estimated last

US inflation likely rose last month as Trump tariffs drive up prices

US inflation likely ticked higher last month as the Trump administration's import taxes have lifted the price of goods, potentially putting the Federal Reserve in a tough spot when it meets next week. Economists forecast that consumer prices rose 2.9 per cent in August from a year earlier, according to a survey of economists by data provider FactSet. That would be an increase from an annual pace of 2.7 per cent in July. Excluding volatile food and energy costs, core inflation is expected to have increased 3.1 per cent, the same as in July. Both figures are above the Fed's 2 per cent inflation target. The potential increase, while modest, would underscore the challenges the Fed is facing as it experiences relentless pressure from President Donald Trump to reduce its short-term interest rate. Trump hopes that rate cuts will spur more borrowing and spending and boost the economy. Recent government reports have also shown that hiring has slowed sharply in recent months and was lower tha

Asian stocks rise on tech rally as markets await US inflation data

Markets in Asia latched on to the positive momentum on Friday as MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.4 per cent

Markets eye US inflation, Powell's warning and key global data flow

Investors will monitor comments from Fed officials at public events in the coming week to gauge their appetite for a September rate cut

Stock market close highlights: Sensex up 304pts, Nifty at 24,619; Healthcare, Auto, Metal shine

Stock Market Close Highlights, August 13, 2025: The BSE Sensex settled 304.32 points or 0.38% higher at 80,539.91 levels, while Nifty50 ended 131.95 points or 0.54% higher at 24,619.35 levels.

Trump's labour chief pick suggests suspension of monthly jobs report

EJ Antoni criticised the monthly employment report as 'flawed' and proposed replacing it with more accurate, though less timely, quarterly data for US economic planning

Stock market close highlights: Sensex down 368pts, Nifty at 24,487; Financial, FMCG top drags

Stock Market Close Highlights, August 12, 2025: The BSE Sensex settled 368.49 points or 0.46 per cent lower at 80,235.59 levels, while Nifty50 ended 97.65 points or 0.4 per cent lower at 24,487.40.

Stock market close highlights: Sensex up 746pts, Nifty at 24,585; PSU Bk, Auto, Realty stocks shine

Stock market close highlights on Monday, August 11, 2025: On the BSE, Tata Motors, Eternal and Trent were the top gainers while ICICI Bank, BEL and Bharti Airtel were among the major laggards.

US core inflation likely to increase as higher tariffs push up prices

The core consumer price index, regarded as a measure of underlying inflation because it strips out volatile food and energy costs, rose 0.3 per cent in July

US inflation likely to rise in July as higher tariffs drive up prices

The core consumer price index, regarded as a measure of underlying inflation because it strips out volatile food and energy costs, rose 0.3 per cent in July, according to the Bloomberg survey

Stock market close highlights: Sensex rises 419 pts, Nifty at 24,723; Metal, IT, auto stocks shine

Sensex Today | Stock Market LIVE Updates, August 4, 2025: In the broader markets, the Nifty MidCap100 and SmallCap indices edged higher by 0.26 per cent and 0.07 per cent, respectively

Trump's tariff war on the world is making the Americans pay the price too

A new study by Yale University has estimated that Trump's tariff regime will result in an average income loss of $2,400 per household in the short term

US inflation picks up in June as early tariff effects start to show

Trump last week announced higher duties would come into effect on August 1 for imports from a range of countries, including Mexico, Japan, Canada and Brazil, and the European Union

US inflation likely worsened last month as Trump's tariffs start to bite

Inflation likely accelerated in June as sweeping tariffs on nearly all imports may have pushed up prices for electronics, appliances, and other goods, economists forecast. Consumer prices probably rose 2.6% last month from a year ago, up from an annual increase of 2.4% in May, according to data provider FactSet. The Labour Department will issue its inflation report at 8:30 a.m. eastern. On a monthly basis, prices likely rose 0.3% from May to June, the largest increase since January, economists project. Worsening inflation could pose a political challenge for President Donald Trump, who promised during last year's presidential campaign to immediately lower costs. The sharp inflation spike of 2022-2023 was the worst in four decades and soured most Americans on former president Joe Biden's handling of the economy. Faster price increases would also likely underscore the Federal Reserve's reluctance to cut its short-term interest rate, as Trump is loudly demanding. Excluding the volatil

Rate cuts can wait as Fed monitors inflation from tariffs, says Powell

In his prepared testimony Powell said the economy remains in a "solid position," with low unemployment and inflation far below its pandemic-era peak

'Someone has to pay': Fed chair warns on tariffs as inflation risks grow

Despite holding rates, Fed eyes inflation risks from tariffs; Jerome Powell says price hikes likely as retailers pass costs to consumers over summer

Stock Market close highlights: Sensex crashes 823 pts, Nifty below 24,900; all sectors settle in red

Sensex Today | Stock Market close, Thursday, June 12, 2025: The Nifty Midcap100 and Nifty Smallcap100 index settled in red, down by 1.73 per cent and 1.90 per cent, respectively

Stock Market close highlights: Sensex, Nifty settle higher; IT, OMC stocks rally; Bank, FMCG drag

Sensex Today | Stock Market close, Wednesday, June 11, 2025: HCL Tech, Infosys, Tech Mahindra, Bajaj Finserv and Reliance Industries were the top Sensex gainers

Trump tariffs seen pushing up underlying US consumer prices in May

The Consumer Price Index report from the Labor Department on Wednesday could show the CPI less the volatile food and energy components rising by the most in four months

US inflation data collection hurt by Trump-era hiring freeze: Report

The CPI temporarily reduced the number of outlets and quotes it attempted to collect due to a staffing shortage in certain CPI cities