Page 9 - Us Inflation

US inflation rises to 3.2% rate, but underlying measures remain mild

Inflation in the United States rose in July after 12 straight months of declines, boosted by costlier housing. But excluding volatile food and energy prices, so-called core inflation matched the smallest monthly increase in nearly two years. The inflation figure the government reported Thursday showed that consumer prices increased 3.2 per cent from a year earlier. That was up from a 3 per cent annual rise in June, which was the lowest rate in more than two years. The July inflation figure remained far below last year's peak of 9.1 per cent, though still above the Federal Reserve's 2 per cent target. The Fed, economists and investors, though, pay particular attention to the core inflation figures for signs of where inflationary pressures might be headed. From June to July, core inflation remained a tame 0.2 per cent. Thursday's price data will be among the key barometers the Fed will weigh in deciding whether to continue raising interest rates. In its drive to tame inflation, the

Sensex ends 308 pts lower post RBI policy, Nifty near 19,550; Zee zooms 20%

CLOSING BELL ON AUGUST 10, 2023: Private bank and select auto stocks ended with notable losses after the RBI on Thursday asked banks to maintain Incremental Cash Reserve Ratio (ICRR) at 10 per cent.

Rupee eyes RBI monetary policy decision, US inflation data to follow

Non-deliverable forwards indicate the rupee will open barely changed to the U.S. dollar from 82.8150 on Wednesday. In the last two sessions, the currency has been in the range of around six paisa

Gold off three-week lows as investors brace for US inflation data

Markets also took stock of labor department data showing solid wage gains and a decline in the unemployment rate that suggested continued tightness in labor market conditions

Top headlines: Mkts to focus on Q1 earnings, insurgent held in Manipur

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US inflation data may offer some comfort to the Fed, CPI may rise 0.2%

Compared with a year earlier, the Labor Department's underlying gauge is forecast to rise 4.8 per cent, according to the median projection in a Bloomberg survey of economists

US annual inflation slows in June; labour costs cool in second quarter

Receding inflation has raised cautious optimism of a "soft landing" for the economy envisaged by Fed officials rather than the recession that most economists have been predicting

US doesn't have to fall into recession: BlackRock Inc's Rick Rieder

Rieder expressed his views on whether the US economy is out of crisis mode in terms of inflation, he said that once the inflation rate reaches close to three per cent, it becomes less concerning

Brent oil hovers above $80 per barrel after US inflation eases: Report

Markets expect one more interest rate rise before the US rate-hiking cycle peaks. Higher rates can slow economic growth and reduce oil demand

Sensex sheds 505 pts from summit, ends 165 pts up; PSU banks crack; IT gain

CLOSING BELL ON JULY 13, 2023: The NSE Nifty50 hit a new high of 19,567, before finishing with a modest gain of 29 points on Thursday. Broader indices ended in red.

Americans get a break from price rise; inflation up just 0.2%, CPI rises 3%

Treasury yields plummeted, the S&P 500 opened higher and the dollar slid following the report. The chances of an additional Fed rate increase after this month slipped to well below 50%

Sensex drops 224 pts in fag-end, Nifty below 19,400; Delta Corp sinks 23%

CLOSING BELL ON JULY 12, 2023: Shares of online gaming firms wilted under selling pressure on Wednesday owing to the 28% GST levy. Meanwhile, HDFC signed-off its from the bourses with a 0.6% loss.

10-year G-sec bond yield softens tracking US T-bills, rupee gains slightly

Dollar index at two-month low; greenback purchases by banks on behalf of oil firms limits further rupee appreciation

'Long way to go': Federal Reserve Chair Powell points to more rate hikes

But a few big buyers in credit markets are calling Fed's bluff

US inflation eases to 4% in May, Fed may keep interest rates unchanged

Fed now expected to keep interest rates unchanged at this week's meeting

RIL, ITC lift Sensex 418 pts, Nifty regains 18,700; MRF tops Rs 1-L mark

CLOSING BELL ON JUNE 13, 2023: In the broader market, the BSE MidCap index soared 1.2 per cent, while the Smallcap added 0.8 per cent on Tuesday.

Dollar falls before US inflation data, yuan weakens on repo rate cut

LONDON/SINGAPORE (Reuters) - The dollar fell slightly on Tuesday as investors awaited U.S. inflation data, while China's yuan slipped to a six-month low after the central bank lowered a short-term lending rate to boost the economy.

European stocks rise ahead of US inflation data, ECB and US Fed meeting

LONDON (Reuters) -European stocks rose in early trading on Monday and world stocks were just below 13-month highs ahead of key inflation data and U.S. Federal Reserve and European Central Bank meetings later in the week.

Sensex, Nifty end flat; Dr Reddy's Labs drops 7%, L&T 5%, Adani Ent up 5%

CLOSING BELL: In the broader markets, the BSE SmallCap index outperformed the frontline indices with 0.68 per cent rise

US consumer inflation eases to 4.9% in April after advancing 5% YoY in Mar

The Consumer Price Index (CPI) rose 0.4% last month after gaining 0.1% in March, the Labor Department said on Wednesday