Tag: us inflation
Stock market opening: Sensex over 400 points up, Nifty also in green
Sensex and Nifty opened in green on Thursday, tracking Asian peers, after a faster-than-expected rise in US consumer price inflation raised expectations of another Federal…
Gold price today: Why is gold rising after cooler US inflation data?
Gold prices rose on Wednesday after US inflation data came in softer than expected. The cooler inflation reading weakened the US dollar and increased hopes…
US inflation rises to 3.7% in July: What it means for Fed rate cuts
Prices paid by US consumers for goods and services increased slightly in July. The Personal Consumption Expenditures (PCE) price index, the Federal Reserve’s preferred inflation…
Trumpflation could threaten Wall Street’s bull market: How the Iran war is keeping inflation high
Donald Trump’s return to the White House has historically gone alongside strong stock-market gains. During his first, non-consecutive presidential term, the Dow Jones Industrial Average…
Jerome Powell hints at more US Fed rate cuts amid jobs slowdown| Business News
Jerome Powell signalled more US Fed rate cuts are in the offing as a slowdown in jobs creation poses a growing risk to the US…