Page 6 - Us Inflation

Yen slightly softer against dollar, Fed rate cut remains uncertain

The respite follows a tumultuous week that began with a massive selloff across currencies and stock markets

Consumers could become discouraged unless rates drop: Bank of America CEO

At the end of July the Fed kept the policy rate in the same 5.25 per cent-5.50 per cent range it has been for more than a year, but signaled that a rate cut could come as soon as September

Will Trump get his wish for a weaker dollar?

One would hope that a Trump administration would not try to interfere with foreign-exchange markets beyond instituting tariffs

US inflation rises moderately, consumer spending cools before Fed's meet

The personal consumption expenditures (PCE) price index nudged up 0.1% last month after being unchanged in May, the Commerce Department's Bureau of Economic Analysis reported

Trump plans risk spurring US inflation that GOP is pledging to end: Report

"End inflation, and make America affordable again," the Republicans declared in their official campaign platform

US inflation cools in May; consumer spending rises marginally by 0.2%

In the 12 months through May, the personal consumption expenditures price index increased 2.6 per cent after advancing 2.7 per cent in April

As US inflation cools, Asian stocks head for 5th straight month of gains

Asian markets were little fazed by the first US presidential debate between Democratic President Joe Biden and his Republican rival Donald Trump ahead of the November election

Asian shares shaky as investors wary before US inflation data, yen lurks

Risk sentiment was also capped as hawkish comments from Federal Reserve officials kept near-term US rate cut expectations in check in a boost to the dollar

Bonds strengthen and rupee flat after favourable US inflation data

The 10-year US Treasury yield fell by 8 basis points to 4.32 per cent on Thursday

Govt bond yields slip below 7% as markets cheer US inflation data

Even though the Fed sees only 25 bps of cut, the futures market is pricing in 44 bps of cuts in 2024

Asian shares remain steady, dollar firm ahead of US inflation data report

European markets are also set to open slightly higher, with EUROSTOXX 50 futures up 0.3 per cent and the FTSE futures gaining 0.4 per cent

Indian bond yields inch higher as US peers jump on robust economic data

US bond yields rose after the economy created far more jobs than expected in May

Rupee, govt bonds to eye US inflation prints, Fed policy for cues

The rupee closed at 83.3725 against the US dollar on Friday, up 0.1 per cent for the week

Fed rate, US inflation, global cues to drive markets this week: Analysts

The US Fed interest rate decision, domestic inflation data and global trends would be key driving factors in dictating movement in the market this week, as the Lok Sabha elections outcome and the RBI policy decision are behind us, analysts said. The past week was a roller-coaster ride for investors as markets swung sharply in both directions before closing with strong gains. In an eventful week, the BSE benchmark jumped 2,732.05 points or 3.69 per cent and the Nifty zoomed 759.45 points or 3.37 per cent. The 30-share BSE Sensex jumped 1,720.8 points or 2.29 per cent to hit a new record peak of 76,795.31 in day trade on Friday. The benchmark ended at a record high of 76,693.36, up 1,618.85 points, or 2.16 per cent. "Now the Lok Sabha elections and the RBI policy decision are settled, attention now turns to global factors. Key areas to watch include the US Fed interest rate decision, the rupee's movement against the dollar, crude oil prices and commodity prices. "Additionally, ...

Asian shares surge ahead of critical US inflation data, rate cut expected

Holidays in the United States and UK made for thin trading ahead of Friday's figures on core personal consumption expenditures

Fed's favourite underlying inflation gauge cools, shows modest relief

Economists expect the personal consumption expenditures price index minus food and energy, due on Friday, to rise 0.2 per cent in April

Asian stocks inch lower on uncertainty over timing of US rate cuts

Traders are pricing in 47 basis points of easing this year from the Fed, with a rate cut in November fully priced in

Soft US inflation data pushes markets higher; Sensex gains 677 points

Indices post biggest gains in two weeks

JPMorgan CEO Jamie Dimon sees 'lot of inflationary forces in front of us'

'If you have higher rates and - God forbid - stagflation, you will see stress in real estate and leveraged companies, and private credit,' Dimon said

Yen higher, dollar squeezed as US inflation eased to its slowest pace

Core US inflation slowed to an annualised 3.6 per cent in April, Wednesday's data showed