US JANUARY CPI
Fed's Paulson signals further gradual interest rate hikes to curb inflation
Federal Reserve Bank of Philadelphia President Anna Paulson signals support for further interest rate hikes to curb persistent US inflation, which remains above the Fed’s 2% target. Strong October CPI data, resilient employment and rising price pressures reinforce expectations of monetary tightening, with markets anticipating additional increases in December.
Fed’s Christopher Waller opens door to 50-basis-point December rate hike after hot CPI
Federal Reserve Governor Christopher Waller has raised the possibility of a 50-basis-point December rate hike after US core inflation rose 0.3% in October. Persistent price pressures have intensified debate over tighter monetary policy and the Fed's inflation-fighting credibility.
Samvat 2083 outlook: 8 triggers that could turn Sensex, Nifty correction into a rally by next Diwali
Indian equities enter Samvat 2083 after a correction that has made valuations more attractive, but a sustained rally will depend on several triggers. Falling crude oil prices, easing inflation, an earnings recovery, FII buying, an India-US trade deal and continued domestic liquidity could shape the market's trajectory over the next year.
ETMarkets Smart Talk | Gold for ballast, silver for growth; avoid industrial commodities in core portfolios: Saish Sawant
In this edition of ETMarkets Smart Talk, Saish Sawant, Research Analyst–Commodities at Emkay Global Financial Services, breaks down the contrasting moves across gold, crude and copper.
When it comes to Trump's economy, these are the numbers that matter before mid-term elections
United States President Donald Trump attempted to convince voters before the upcoming mid-term elections that the American economy is growing. However, voters have maintained the negative effects of inflation caused by the Iran war. The economy is seeing slowing job growth and widening income inequality, with high interest rates encumbering housing and automobile purchases.
EB-5 visa minimum investment threshold set to increase in 2027, impacting aspiring immigrants
The US EB-5 immigrant investor programme's minimum investment is set to increase on January 1, 2027. Investors in targeted employment areas may see investments rise to between $900,000 and $937,500. Standard project investments could increase to between $1.2 million and $1.25 million. Applicants must prepare their petitions early to ensure compliance with current investment thresholds.
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Global Market Today: Stock selloff extends to Asia as chip rout deepens
MSCI Inc.’s Asia Pacific equities gauge dropped 1.5%, heading for a fourth straight decline, led by losses in South Korea, a bellwether for artificial intelligence investment. The Kospi Index slumped as much as 6.5% to its lowest since late July, with chip heavyweights Samsung Electronics Co. and SK Hynix Inc. tumbling at least 7%.
Global Market: China's yuan holds near 3-year high despite strong dollar; PBOC fixing supports currency
China’s yuan remained near a three-year high against the dollar, supported by central bank guidance and strong foreign exchange settlement. However, elevated US Treasury yields and geopolitical tensions limited gains. The PBOC set its strongest midpoint since February 2023, while analysts expect modest appreciation amid trade surpluses and policy uncertainty.
California's minimum wage rate for 2027 is $17.4 an hour, but these workers are set to earn more than that
California's minimum wage is set to rise to $17.40 an hour, effective January 1, 2027. But various local and industry-specific wages may exceed this statewide rate. Certain cities such as San Francisco and Los Angeles are known for higher minimum wages. The federal minimum wage remains significantly lower at $7.25 per hour since 2009.
Social Security 2027 COLA: October 14 decision nears as inflation data points to a 3.6% increase, but what could it actually mean for your monthly check?
Social Security 2027 COLA date: The Oct. 14 announcement will settle the 2027 Social Security COLA. Current estimates point to roughly 3.4% to 3.6%, after earlier forecasts reached 3.8%. The final increase depends on third-quarter CPI-W data.
How Jefferies is reshuffling its portfolio as soaring bond yields give Nifty bulls sleepless nights
Jefferies is favouring largecaps as rising bond yields pressure Indian equities, citing relatively attractive valuations and a narrowing earnings gap with midcaps. The brokerage has added Kotak Mahindra Bank and Reliance Industries to its preferred portfolio.
SBI Research sees CPI inflation at 5.65% in Sept, above 6.5% in Oct-Nov
SBI Research forecasts a rise in CPI inflation to around 5.65 percent in September. They expect it to exceed 6.5 percent during October and November. Inflationary pressures have broadened significantly since the last monetary policy meeting. Additionally, the weakening rupee poses further risks to economic stability. The Reserve Bank of India may adjust its GDP growth and inflation projections during the upcoming policy review.
Will fixed deposit interest rates go up in October as inflation rises?
Recent data reveals a rise in Consumer Price Index inflation, now at 4.8 percent, spurring predictions of possible interest rate hikes by the Reserve Bank of India. This inflation surge is pressuring banks to elevate fixed deposit interest rates amidst fierce competition from government securities and appealing returns from small savings schemes. Future adjustments in fixed deposit rates will largely hinge on ongoing inflation trends and RBI policies.
Gold paused not peaked, record run could be ahead: Goldman Sachs
Recent fluctuations in gold prices have emerged, primarily due to the ambiguous stance of the Federal Reserve and escalating conflicts in Iran. Central banks are responding by ramping up gold purchases, reinforcing the fundamental bullish market sentiment. This surge in demand effectively consumes a substantial fraction of the yearly gold output.
Yields, dollar rise, stocks ease after solid US jobs report
US job growth data boosted Federal Reserve rate hike expectations. Treasury yields and the dollar strengthened after the positive jobs report. Major US stock indexes and global stocks experienced a broad selloff. Oil prices rose due to renewed attacks in the US-Iran war. Investors now await inflation data before the Fed's September decision.
US inflation rises 0.3% in February, on expected lines amid rising oil prices
U.S. consumer prices rose 0.3% in February, driven by higher gasoline costs amid escalating Middle East conflict and rising oil prices. Economists anticipate further inflation increases in March. Core CPI, excluding food and energy, saw a 0.2% gain, influenced by declining used vehicle prices and slower rent increases.
Gold rises on dip-buying after more than 2% drop
Gold prices saw a slight rebound on Wednesday, recovering from a significant dip triggered by progress in U.S.-Iran talks. However, subdued trading volumes due to Lunar New Year holidays across Asia are keeping a lid on gains. Investors are keenly awaiting U.S.
US Stocks | US consumer inflation eases more than expected to lowest since May
Consumer inflation in the United States cooled slightly more than expected in January, government data showed Friday, as energy prices dipped.
US consumer inflation cools slightly to 2.8% in February
U.S. consumer prices saw a smaller increase than expected in February, with the CPI rising 0.2%. However, aggressive tariffs on imports are expected to raise costs in the coming months, likely affecting inflation. The Federal Reserve is expected to keep its interest rate unchanged next week, despite the ongoing trade war and inflation pressures.
Safe-haven gold hovers near record high on Trump tariff worries
Gold prices remained steady near a record high as investors watched U.S. President Trump's tariff threats and awaited the Federal Reserve's January meeting minutes. Trump's trade measures on autos and other imports continued to raise concerns of a global trade war, while silver, platinum, and palladium saw minor fluctuations.
Donald Trump blames Joe Biden for rise in inflation. Here's what experts have to say
January CPI data is an estimate of the price level for the whole month, including the 12 days President Donald Trump was in office.
Gold outlook remains bearish despite a positive weekly close
Friday's gains in gold were driven mainly by a dip in the US yields, especially long-term yields, which in turn were driven by month-end rebalancing of treasuries as investors focused on next week's supply and demand dynamics.
Gold falls for 2nd week as US yields rebound. Where’s it headed next?
Gold may have benefited from inflation and geopolitical concerns in the last two days of the week. However, gold is a poor inflation hedge, and geopolitical tensions are yet to escalate to a disconcerting level that could support gold prices in a sustainable way.
US wholesale prices rose more than expected in January
US wholesale prices rose more than expected in January, according to government data published Friday, as services costs were lifted by a jump in the index for hospital outpatient care. The "major factor" behind the rise in the services index was the 2.2 percent monthly rise in hospital outpatient care, while a range of other services also rose, the Labor Department said in a statement.
US consumer prices rise more than expected in January, Wall Street slumps
The consumer price index (CPI) increased 0.3% last month after gaining 0.2% in December, the Labor Department's Bureau of Labor Statistics said on Tuesday. Annual revisions to the CPI data published last Friday were mixed, but generally showed inflation was on a downward trend after surging in 2022. In the 12 months through January, the CPI increased 3.1%. That followed a 3.4% advance in December.
Gold rises on geopolitical tensions but investment demand remains weak
Gold is expected to find good support into the dips on geopolitical concerns emanating from the Middle East as the US and the UK strikes on Houthis have made the region vulnerable. Nonetheless, the yellow metal will be at. a risk to slide lower in case the tensions remain contained, more so as hard macroeconomic data of the US economy remain encouraging.
US consumer prices rise 6% in February, all eyes will be on Fed now
The Consumer Price Index (CPI) rose 0.4% last month after accelerating 0.5% in January, the Labor Department said on Tuesday. That lowered the year-on-year increase in the CPI to 6.0% in February, the smallest annual gain since September 2021. The CPI rose 6.4% in the 12 months through January.
US consumer prices increase in January; trend slowing
The consumer price index increased 0.5% last month after gaining 0.1% in December, the Labor Department said on Tuesday. Monthly inflation was boosted in part by rising gasoline prices, which increased 3.6% in January, according to data from the U.S. Energy Information Administration.
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