Page 25 - Us Inflation

Wall Street indexes open flat as investors await inflation data

Wall Street's main indexes opened unchanged on Monday as investors remained on the fence ahead of key inflation data later this week

Best of BS Opinion: Distant thunder in world economy, rocket rupee & more

Here are the best of Business Standard's opinion pieces for Monday

Distant thunder in the world economy

We're in the happy period of global economy coming back to life, but we need to watch carefully the US inflation situation

Gold prices dip as dollar, bond yields rise; US inflation data in focus

U.S. gold futures slipped 0.3% to $1,892.30.

Gold subdued as dollar, yields tick up ahead of US inflation data

Spot gold was down 0.2% at $1,893.07 per ounce by 0308 GMT. Bullion has risen 0.7% so far this week, and was on track for its fourth straight weekly gain.

Gold flat as dollar and yields firm up ahead of US inflation data

An uptick in the dollar and US Treasury yields pressured bullion, while investors awaited crucial US inflation data later on Friday

Brent nudges towards $70 a bbl on rosy US data, oil demand outlook

US inflation data will be released later in the day on Friday

Biden to propose $6-trillion budget to boost middle class and infra

This would push federal spending to its highest sustained levels since WW-II

Gold hovers near 4-1/2-month high on tepid dollar, inflation jitters

Spot gold was up 0.2% at $1,883.21 per ounce by 0301 GMT. Last week, gold prices hit their highest level since Jan. 8 at $1,889.75

Asia shares wary of US inflation readings, Bitcoin tries to steady

Asian shares got off to a cautious start on Monday as investors awaited key US inflation readings for guidance on monetary policy, while Bitcoin tried to steady after being hammered

Gold eases, set for third weekly gain on weak dollar, inflation jitters

Gold edged lower on Friday, as optimism around a swift economic recovery lifted appeal for riskier assets

Oil prices dive $2 on fears of Asian pandemic, possible US rate hikes

Oil prices dropped over $2 a barrel on Wednesday to their lowest in three weeks, on worries that surging Covid-19 cases in Asia would dent demand for crude and US inflation fears

Asia shares, bruised over US inflation scare, counting on calm Fed

Japan's Nikkei fell 2.0 per cent and touched its lowest since early January, while Chinese blue chips lost 0.9 per cent

At 4.2% in April, US consumer prices jump most since 2009, beat estimates

The consumer price index increased 0.8 per cent from the prior month, reflecting gains in nearly every major category and a sign burgeoning demand is giving companies latitude to pass on higher costs

Gold subdued on buoyant dollar; investors awaits US inflation data

US gold futures fell 0.2 per cent to $1,834.20 per ounce.

US bond yield spike, rising Covid-19 cases in India drag indices

The index rose close to 500 points on opening after the US Federal Reserve (Fed) pledged to shrug off inflation worries for a while and keep the monetary policy loose through 2023

Fed minutes highlight willingness to steer past coming inflation

The Fed made few changes to its policy statement at its last meeting in January, and did not issue new economic forecasts

No high inflation or fiscal crisis in the US but …

Monetary base issued by the Fed had jumped from less than $1 trn before the GFC to more than $3 trn by early 2020 and then to about $5 trn by end of the year. But inflation has hardly gone up. Why?

US labour market gradually healing; weekly jobless claims at 7-month low

The number of Americans filing new unemployment benefits claims fell to a seven-month low last week, but the pace of decline has slowed and further improvement could be limited by a raging pandemic

Jerome Powell targets 2% average inflation, focus shifts to jobs

Fed's new approach would allow for prices to overshoot target