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Us Inflation

FPIs Invest Rs 19,000 Crore In Equities In November On Softening US Inflation, Dollar

FPIs Invest Rs 19,000 Crore In Equities In November On Softening US Inflation, Dollar

13 November 2022

Jerome Powell

Fed Attacks Inflation With Another Big Hike And Expects More

The Fed’s move boosted its benchmark short-term rate, which affects many consumer and business loans, to a range of 3 per cent to 3.25 per cent, the highest level since early 2008


Federal Reserve Chair Jerome Powell, right, walks with with Federal Reserve Vice Chair Lael Brainard

Jerome Powell: Fed’s Inflation Fight Could Bring ‘Pain,’ Job Losses

The message landed with a thud on Wall Street, sending the Dow Jones Industrial Average down more than 1,000 points for the day


Worsening Inflation Will Pressure Fed To Keep Raising Rates

Consumer prices, excluding volatile food and energy costs, jumped 6.6 per cent in September from a year ago — the fastest such pace in four decades

14 October 2022

US Stock Markets

Dow Drops 1,000 After Fed’s Powell Says Rates Will Stay High

The S&P 500 lost 3.4%, its biggest drop since mid-June, after Jerome Powell said the Fed will likely need to keep interest rates high enough to slow the economy “for some time” in order to beat back the high inflation...


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US Inflation Eases As Consumer Prices Rise 6.3% In July

Consumer prices rose 6.3 per cent in July from a year earlier after posting an annual increase of 6.8 per cent in June, biggest jump since 1982, the Commerce Department reported on Friday

26 August 2022

Crypto Market Falls As US Inflation Data Hits 40-Year High

Bitcoin fell 3.3 per cent, while Ethereum’s price fell by 5.6 per cent. Solana’s price decreased by 7.7 per cent, while Huobi Token was the top gainer. It gained 12.1 per cent to $6.9

13 October 2022

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Explainer: How Do We Know When A Recession Has Begun?

Six months of contraction is a long-held informal definition of a recession. Yet nothing is simple in the post-pandemic economy

05 August 2022

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30 July 2022
Retail Inflation For Industrial Workers Eases To 6.16% In June

Retail Inflation For Industrial Workers Eases To 6.16% In June

The all-India CPI-IW (consumer price index for industrial workers) for June 2022 increased by 0.2 points and stood at 129.2 points. CPI-IW was 129 points in...


13 July 2022
US Inflation Reached A New 40-year High In June Of 9.1%

US Inflation Reached A New 40-year High In June Of 9.1%

Consumer prices soared 9.1 per cent compared with a year earlier, the government said Wednesday, the biggest yearly increase since 1981, and up from an 8.6 per...


13 July 2022
Surging Gas Prices Likely Drove US Inflation To 40-Year High

Surging Gas Prices Likely Drove US Inflation To 40-Year High

Inflation at that level would make it highly likely the Federal Reserve will implement another large interest rate increase at its next meeting in two weeks....


12 July 2022
Pointed Attack On Inflation Will Need To Continue: Nirmala Sitharaman

Pointed Attack On Inflation Will Need To Continue: Nirmala Sitharaman

Her remarks came hours after official data showed that retail inflation in June stood at 7.01 per cent. The print was lower than 7.04 per cent recorded in May...


12 July 2022
Global Shares Fall As Investors Await US Inflation Update

Global Shares Fall As Investors Await US Inflation Update

Investors are on the lookout this week for updates on inflation and corporate profits, while renewed coronavirus outbreaks are adding to jitters


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24 June 2022
Fed Must Convince Public It Can Tame Inflation: Chair Jerome Powell

Fed Must Convince Public It Can Tame Inflation: Chair Jerome Powell

Powell and the Fed are in the hot seat because inflation, which had been an economic afterthought for decades, has shot to the top of threats to the economy...


20 June 2022
Retail Inflation For Farm, Rural Workers Rises To 6.67%, 7% In May

Retail Inflation For Farm, Rural Workers Rises To 6.67%, 7% In May

The all-India consumer price index numbers for agricultural labourers and rural labourers for the month of May, 2022 increased by 11 points and 12 points to...


13 June 2022
Sensex Sinks 1,700 Points, Nifty Breaks Below 15,700 On Weak Global Markets 

Sensex Sinks 1,700 Points, Nifty Breaks Below 15,700 On Weak Global Markets 

As of 2:29 pm, the Sensex was down 1,697 points at 52,607 and the Nifty 50 index dropped 3 per cent or 497 points to 15,704.  


13 June 2022
 Asian Shares Sink After Inflation-Driven Retreat On Wall Street

 Asian Shares Sink After Inflation-Driven Retreat On Wall Street

Investors took Friday's report to suggest the Federal Reserve will persist in raising interest rates and making other moves in order to slow the economy, to...


11 June 2022
$5 Gas Is Here: AAA Says Nationwide Average Hits New High

$5 Gas Is Here: AAA Says Nationwide Average Hits New High

Auto club AAA said the average price on Saturday was $5.00. Motorists in some parts of the country, especially California, are paying far above that


11 June 2022
US Inflation At New 40-Year High As Price Increases Spread

US Inflation At New 40-Year High As Price Increases Spread

Consumer prices surged 8.6% last month from a year earlier, faster than April’s year-over-year increase of 8.3%, the Labor Department said Friday


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10 June 2022
US Inflation Hit A New 40-year High Last Month Of 8.6%

US Inflation Hit A New 40-year High Last Month Of 8.6%

Consumer prices surged 8.6% last month from 12 months earlier, faster than April's year-over-year surge of 8.3%, the Labor Department said Friday


10 June 2022
Joe Biden Visiting Los Angeles Port As High Prices Persist As Threat

Joe Biden Visiting Los Angeles Port As High Prices Persist As Threat

Biden will speak at the port, America's busiest, on Friday with inflation persisting as a problem that has eluded his policy tweaks, deals brokered with the...


02 June 2022
Why RBI Should Not Increase Interest Rates To Tame Inflation

Why RBI Should Not Increase Interest Rates To Tame Inflation

Retail Inflation jumps to eight years high of 7.79 per cent in April which is much above the RBI comfort zone. Here is why RBI intervention with rate hike will...


31 May 2022
US President Joe Biden To Meet Fed Chair As Inflation Bites Pocketbooks

US President Joe Biden To Meet Fed Chair As Inflation Bites Pocketbooks

The meeting Tuesday will be the first since Biden renominated Powell to lead the central bank and comes weeks after his confirmation for a second term by the...


23 May 2022
Recession Not Inevitable, Pain To Last 'Some Time': Joe Biden

Recession Not Inevitable, Pain To Last 'Some Time': Joe Biden

Speaking at a news conference Monday in Tokyo, Biden acknowledged that the American economy has “problems,” but said it was better positioned than other...


17 May 2022
High Inflation, Rising Interest Rates And Slowing Economy, Is India Headed Towards Stagflation?

High Inflation, Rising Interest Rates And Slowing Economy, Is India Headed Towards Stagflation?

Rising inflation, high unemployment and depreciating currencies have given birth to a vicious cycle that could very well dismantle the fragile recovery that...


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