GLOBAL INFLATION
Fed survey finds inflation fading as a risk next to debt, trade wars Financial experts were worried about the US economy. They feared rising debt, a possible recession, and threats to global trade. These concerns were reflected in the bond market, with rising yields on Treasury notes. The potential for a trade war an...
23 Nov, 2024, 09.04 AM ISTRecession coming? Trump's policies to cause big harm to the US economy, stock market could crash during his second term, says Anthony Scaramucci A US stock market crash could become a huge reality in the coming days, based on Trump's economic policies which could be implemented in his tenure, after Joe Biden ends his term as US President. According to Anthony Scaramucci, Trump's policies hav...
22 Nov, 2024, 10.06 PM ISTStable inflation is important to sustain growth: RBI Guv Das RBI Governor Shaktikanta Das reaffirmed the central bank's commitment to achieving the 4% inflation target, effectively ruling out immediate rate cuts. His comments come amidst calls for rate reductions from government officials. While acknowledging...
22 Nov, 2024, 12.27 AM IST
Higher energy bills push UK inflation to 6-month high in October U.K. inflation surged to a six-month high of 2.3% in October, exceeding the Bank of England's target. Driven by rising energy bills and robust service sector inflation, this unexpected increase is likely to deter further interest rate cuts this year...
20 Nov, 2024, 01.54 PM ISTTrump¡¯s economic promises may turn out to be a recipe for disaster Investors are grappling with the potential impact of Donald Trump's economic policies on markets. While some are betting on tax cuts and deregulation boosting stocks and the dollar, others fear that protectionism and spending cuts could trigger a re...
20 Nov, 2024, 01.07 PM ISTNomura expects Fed to pause rate-cut cycle in December Nomura, a global brokerage firm, has made a significant prediction that the U.S. Federal Reserve will likely halt its interest rate cuts, marking a potential end to the current rate-cutting cycle. This shift comes in the wake of Donald Trump's elect...
18 Nov, 2024, 03.07 PM ISTMarket braces for familiar governance; Globalisation still intact, says Viswas Raghavan of Citigroup Market braces for familiar governance; Globalisation still intact, says Viswas Raghavan of Citigroup
18 Nov, 2024, 10.56 AM ISTDollar sitting pretty, yen bears wary of BOJ hawks The dollar's value surged due to high U.S. Treasury yields and expectations of fewer interest rate cuts, making it more appealing to investors. However, concerns about potential intervention by Japanese authorities to support the weakening yen cause...
18 Nov, 2024, 07.17 AM ISTIndian economy well placed to handle any kind of spillovers from global events: RBI Guv RBI Governor Shaktikanta Das stated that the Indian economy and financial sector are in a strong position. India's external sector is robust, and the current account deficit remains manageable. Das highlighted India's significant foreign exchange re...
16 Nov, 2024, 11.13 PM ISTTrump 2.0: Why a strengthening US dollar should worry you? Explained in 5 points The US dollar is the world’s dominant currency and plays a key role in global trade. Policy and economic decisions in Washington frequently reverberate widely. A strong dollar is a good news for the US but might spell trouble for the rest of the wor...
14 Nov, 2024, 04.56 PM ISTIndian economy 'sailing smoothly' amid global challenges, says RBI Governor Shaktikanta Das RBI Governor Shaktikanta Das expressed confidence in India's economic stability amidst global uncertainties. He highlighted the country's strong external sector, robust buffers, and the RBI's proactive measures in navigating challenges like inflatio...
14 Nov, 2024, 12.07 PM ISTOil prices edge down, forecasts for higher oil output, weak demand growth weigh Oil prices edged lower. Global production is expected to rise. Demand growth forecasts are weak. The US dollar strengthened. OPEC lowered its oil demand growth forecast. The EIA raised its global oil output forecast. Traders await further market dat...
14 Nov, 2024, 07.27 AM ISTExpanding supply capacity will contain inflationary pressure, RBI's inflation target credible: S&P S&P Global Ratings believes India's expanding supply capacity, particularly in manufacturing, will curb inflation. They expressed confidence in the Reserve Bank of India's ability to manage inflation despite it currently exceeding the target range. ...
13 Nov, 2024, 05.55 PM ISTUS inflation may have picked up in October after months of easing U.S. annual inflation likely rose to 2.6% in October after seven months of decline, potentially impacting the Federal Reserve's interest rate decisions. Despite this uptick, economists predict inflation will continue to slow, with consumer prices ex...
13 Nov, 2024, 04.00 PM ISTGold, silver extend losses amid sluggish demand, weak global cues Gold, silver prices continued to extend losses for the second straight day in the national capital on Tuesday owing to a sluggish demand from jewellers and weak global cues, according to the All India Sarafa Association.
12 Nov, 2024, 05.55 PM ISTCentral banks revisit their rate-cut plans Global central bankers are bracing for potential economic upheaval as Donald Trump's return to the US presidency threatens to ignite trade wars, exacerbate budget deficits, and disrupt labor markets. These policies could stifle global growth, fuel U...
06 Nov, 2024, 11.57 PM ISTBlackstone in advanced talks to acquire shopping center owner Retail Opportunity Blackstone is close to acquiring Retail Opportunity Investments Corp, which owns U.S. shopping centers worth $3.4 billion including debt. Other private equity firms, including Bain Capital, are also interested. The deal could be finalized in the com...
04 Nov, 2024, 08.01 AM ISTBank of Japan keeps rates steady, puts focus on global risks The Bank of Japan maintains ultra-low interest rates, signaling caution amid global economic uncertainties, while projecting inflation near its 2% target in coming years. The decision reflects a focus on risks to Japan's fragile recovery, with poten...
31 Oct, 2024, 09.47 AM ISTCharting the global economy: IMF lowers global growth forecast The cuts to the loan prime rate — which is set by a group of big Chinese banks — come after the PBOC outlined steps last month to encourage households and companies to borrow money.
27 Oct, 2024, 10.50 AM ISTIndia's growth to withstand global inflation pressure: Santosh Rao The headline is that tariffs are bad, they do not work, they are inflationary, and we do not need that at this point. But right now, this is election season, everybody is throwing out everything out there to get their vote, so it is a very close ele...
23 Oct, 2024, 09.17 AM IST