Page 20 - Us Inflation
Dollar hovers near two-decade high of 103.92 as US inflation moderates
The consumer price index climbed 8.3% on an annual basis in April, easing from 8.5% in March but outstripping the 8.1% estimate of economists
 "Dollar hovers near two-decade high of 103.92 as US inflation moderates")
US inflation might have slightly dipped in April from 40-year high: Report
US President Biden sought to take the initiative Tuesday and declared inflation the No. 1 problem facing families today" and my top domestic priority
 "US inflation might have slightly dipped in April from 40-year high: Report")
Dollar hovers near two-decade high ahead of Fed's inflation gauge
The dollar index, which measures the currency versus six rivals, was around flat at 103.92
 "Dollar hovers near two-decade high ahead of Fed's inflation gauge")
Under fire over inflation, Biden nods to Fed and attacks Republicans
'I want every American to know that I am taking inflation very seriously and it is my top domestic priority,' says US President
 "Under fire over inflation, Biden nods to Fed and attacks Republicans")
Biggest treasury buyer outside US quietly offloads nearly $60 bn
The latest data from BMO Capital Markets show the largest overseas holder of Treasuries has offloaded almost $60 billion over the past three months
 "Biggest treasury buyer outside US quietly offloads nearly $60 bn")
Nomura sees 75bps Fed hike in June, July; markets will absorb it: Analysts
Following the two 75 bps hikes in June and July, Nomura expects the US Fed to hike rates by 25 bps at every meeting scheduled in 2022 and 2023
 "Nomura sees 75bps Fed hike in June, July; markets will absorb it: Analysts")
Statsguru: From India to US, six charts show rising global inflation
In the US, consumer price inflation has been higher than in India for the last seven months
 "Statsguru: From India to US, six charts show rising global inflation")
Russia-Ukraine war impact: US inflation rises to new 40-year high
Gasoline costs drove half of the monthly increase, which were up on account of the Russia-Ukraine war, while food was also a sizable contributor to the jump
 "Russia-Ukraine war impact: US inflation rises to new 40-year high")
US inflation jumped 8.5% in past year, highest in over 40 years
Prices have been driven up by bottlenecked supply chains, robust consumer demand and disruptions to global food and energy markets worsened by Russia's war against Ukraine
Euro zone bond yields rise ahead of US inflation data
Thursday's ECB meeting could mark another tense moment for policymakers caught between record high inflation and the economic hit from the war in Ukraine
 "Euro zone bond yields rise ahead of US inflation data")
Asia stocks wobble, dollar firm as markets wary before US inflation data
MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.3%, after U.S. stocks ended the previous session with mild losses.
 "Asia stocks wobble, dollar firm as markets wary before US inflation data")
Asian stock markets wary ahead of ECB meeting, US inflation data
The mood in equity markets was cautious, with MSCI's broadest index of Asia-Pacific shares outside Japan easing 0.1%. Japan's Nikkei dropped 0.6%, having shed 2.6% last week.
 "Asian stock markets wary ahead of ECB meeting, US inflation data")
Bitcoin declines below key technical mark as rate concerns mount
US inflation likely accelerated to 8.4% in March, the fastest pace since early 1982, economists surveyed ahead of data due Tuesday predict.
 "Bitcoin declines below key technical mark as rate concerns mount")
Dollar buoyant as Federal Reserve readies to step up inflation fight
SINGAPORE (Reuters) - The dollar hovered near a two-year high against a basket of currencies on Thursday, after meeting minutes showed the Federal Reserve preparing to move aggressively to head off inflation.
Biden's pause on federal student loan extension fuels inflation concerns
US President Joe Biden's newly announced plan to extend a pause on federal student loan repayments has drawn backlash from budget watchers and economists
 "Biden's pause on federal student loan extension fuels inflation concerns")
Markets are pricing in 25 bps US Fed rate hike: Analysts
On its part, the US has been battling a spike in inflation that hit 7.9 per cent in February - a four-decade high. The CPI has not been the highest since January 1982, when it hit 8.4 per cent
 "Markets are pricing in 25 bps US Fed rate hike: Analysts")
US Fed policy and market impact
Investors in India are worried about a possible interest rate hike by the US Fed, which is under pressure to cap inflation. Experts believe that a 25 basis point hike is already penciled in.
Fed must move 'expeditiously' and, if needed, more aggressively: Powell
Fed policymakers last week raised interest rates for the first time in three years and signaled ongoing rate hikes ahead
 "Fed must move 'expeditiously' and, if needed, more aggressively: Powell")
Fed hawks say more dramatic rate moves may be needed to tame inflation
Fed officials hiked interest rates this week for the first time in three years and signaled that more rate increases are coming
Hawkish Fed to cast a shadow on markets this week?
Stabilising crude oil prices and BJP's impressive show in state polls boosted the morale on the streets. This week investors will track the two-day Fed meeting against the backdrop of US inflation