Tag: us inflation

The White House. (Photo from X)
Posted in Business

Terms of Trade: Did inflation take away the White House from the Democrats?

Most economic pundits think that it did. Take this analysis by Wall Street Journal’s chief economic correspondent, Nick Timiraos. “Fiscal stimulus, approved by both Trump…

Continue Reading
US job growth remains moderate in July; wage gains still strong
Posted in US News

US job growth remains moderate in July; wage gains still strong

WASHINGTON: The US economy maintained a moderate pace of job growth in July, but solid wage gains and a decline in the unemployment rate pointed…

Continue Reading
Key US inflation gauge cools further as rate hikes bite
Posted in US News

Key US inflation gauge cools further as rate hikes bite

WASHINGTON: A key indicator of US inflation cooled in June to the lowest annual rate in over two years, although this remains above the central…

Continue Reading
US annual consumer inflation cools to lowest since 2021
Posted in US News

US annual consumer inflation cools to lowest since 2021

WASHINGTON: Annual consumer inflation in the United States cooled in June to its lowest rate since early 2021, the Labor Department said Wednesday — an…

Continue Reading
Fed: US Fed's favored inflation gauge declined sharply in May
Posted in US News

Fed: US Fed’s favored inflation gauge declined sharply in May

WASHINGTON: The US inflation measure most closely watched by the Federal Reserve declined sharply in May, official figures showed Friday, returning to a downward trend…

Continue Reading
US annual consumer inflation eases for 11th straight month
Posted in US News

US annual consumer inflation eases for 11th straight month

Consumer inflation in the United States cooled for an 11th straight month in May, the Labor Department said Tuesday, in an encouraging sign for policymakers…

Continue Reading
Rupee to remain under pressure amid US Fed rate hike fears
Posted in Business

Rupee to remain under pressure amid US Fed rate hike fears

The Indian rupee is likely to open lower against the dollar on Monday, tracking losses in Asian currencies and shares on concerns over the U.S….

Continue Reading