Page 23 - Us Inflation

Markets fall for third straight day as US inflation hits 30-year high

The benchmark Sensex declined as much as 1.1 per cent, or 696 points, intra-day before recouping somewhat in the last hour

Gold is back in investment vogue with bulls loving faster inflation again

With the Fed determined to keep rates low while unemployment remains elevated, worries about out-of-control inflation are boosting gold's allure

US inflation shock tears up trader playbooks from stocks to Bitcoin

Value shares, digital currencies, gold and bets on a flatter yield curve are seen as some of the potential beneficiaries from a higher inflation environment

Dollar rockets to 20-month highs after hot US inflation

Analysts said the sharp rise in U.S. government bond yields, including the 30-year Treasury passing 1.5%, was behind the dollar's jump

Explained: Why inflation in the US is so high, and when it may ease

Inflation is starting to look like that unexpected and unwanted houseguest who just won't leave

US inflation builds with biggest gain in consumer prices since 1990

The consumer price index increased 6.2% from October 2020

Gold turns sharply higher after data shows US consumer price surge in Oct

US gold futures rose 1.1% to $1,851.40

Euro/dollar treads water as traders wait for more clues on rates

The euro held steady against the dollar on Tuesday and most currency pairs were stuck as traders waited for U.S. inflation data later in the week and more speeches from central bank governors

Fed rolls out bond-buying 'taper,' holds to 'transitory' inflation belief

Even in announcing a $15 bn monthly cut to its $120 bn in monthly purchases of Treasuries and mortgage-backed securities, the Fed did not signal when it may begin next phase of policy 'normalisation'

Fed signals bond-buying taper may start soon, split on 2022 hike

US stocks rose slightly, while yields on 10-year Treasuries maintained an earlier decline; the dollar remained lower after the decision

Global markets fall after data shows US inflation cooling

MSCI's world stocks benchmark fell 0.33%, and all 11 major sectors in the S&P 500 ended the session lower, with energy and financials falling the most.

Gold buoyed by Covid-19 Delta variant woes; focus on US inflation data

Spot gold was up 0.1% at $1,730.31 per ounce by 0637 GMT, and US gold futures rose 0.1% to $1,732.70

Gold price slip, hovers near four-week peak on dovish US Fed chairman

Gold prices slipped on Thursday, just below a four-week high hit in the previous session as dollar clawed up in Asia trade after falling day before

Fed's Powell stays focused on jobs recovery, expects inflation to ease

Any move to pull back support for the economy, by first slowing the US central bank's $120 billion in monthly bond purchases, is 'still a ways off,' Powell says

Stocks, debt yields slip on biggest US inflation hike in 13 years

Stocks on Wall Street at first took the CPI data in stride, bidding up technology stocks that typically thrive with low interest rates

US consumer prices post largest gain in 13 yrs; inflation has likely peaked

The consumer price index increased 0.9% last month, the largest gain since June 2008, after advancing 0.6% in May.

Nasdaq hits record high as growth stocks rise; inflation data weighs

Nine of the 11 major S&P 500 sector indexes were trading lower, with the defensive real estate and utilities sectors leading declines.

Gold prices inch higher as investors shift focus to US inflation data

Gold prices edged higher on Tuesday as dollar weakened ahead of the release of US inflation data, increasing the appeal of the metal for holders of other currencies

Gold subdued on firmer dollar even as investors await US inflation data

Spot gold was down 0.3% at $1,802.90 per ounce by 0906 GMT. U.S. gold futures slipped 0.5% to $1,801.90 per ounce

Fed will not raise rates on inflation fears alone, Jerome Powell says

Federal Reserve Chair Jerome Powell reaffirmed the US central bank's intent to encourage a "broad and inclusive" recovery of the job market, and not to raise interest rates too quickly