Tag Archives: cpi

Oil prices fell on Friday after the International Energy Agency warned that production cuts announced by OPEC+ producing countries could widen the oil supply deficit and harm consumers. And by 0820 GMT, Brent crude futures fell ten cents, or 0.12 percent, to $ 85.99 a barrel. West Texas Intermediate crude …

A further decline in the US Dollar broke technical and psychological support levels. US stocks also increased at the same time. The Nasdaq increased by 1.99%, while the Dow Jones finished up 380 points, or 1.15%. Since February, the VIX closed at its lowest level. On Friday, major US banks …

Despite an easing of US inflation, the oil price managed to recover. The US Dollar has been negatively impacted by a slowdown in US inflation. Last week, investors were mildly reported to have built up in oil inventories. After reaching a new four-month high of $83.48 on Wednesday, WTI and …

The G7 Communique has reaffirmed the financial system’s resilience and reiterated the commitment to preserving financial and economic stability.Additionally, the statement notes that central banks are still steadfastly dedicated to achieving price stability.The Consumer Price Index (CPI), which climbed in March at a slower-than-expected rate and a minute from the …

U.S. headline inflation slowed by more than expected in March, according to data from the Bureau of Labor Statistics on Wednesday. On an annual basis, the consumer price index for the month dipped to 5.0% from 6.0% in February. Economists had projected that the reading would fall to 5.2%. The …

The US Bureau of Labor Statistics (BLS) will release the most important inflation measure, the US Consumer Price Index (CPI) figures, on Wednesday, April 12. As markets get closer to the release time, economists and researchers of 10 major banks published their forecasts regarding the upcoming US inflation reading for …

Japan is expected to release February Consumer Price Index data that will be the main market driver on Friday. Forecasts by the economists and researchers of four major banks were published regarding the upcoming Japanese inflation data. Headline is expected at 3.3% year-on-year vs. 4.3% in January, core (ex-fresh food) …

On Thursday, March 23, at 08:30 GMT, the Swiss National Bank (SNB) is scheduled to declare its Monetary Policy Decision. As the release time draws near, below are the predictions made by the economists and researchers of 5 major banks on the impending central bank’s Interest Rate Decision. Notwithstanding the …

According to Statistics Canada statistics released on Tuesday, Canada’s annual inflation rate decreased more than anticipated in February as lower gas prices and slower housing cost growth helped down the consumer price index to its lowest point since January 2022. Inflation fell from 5.9% in January to 5.2% in February, …

Two more 25 bps rate hikes in March and May could result in a terminal 5.00%-5.25% by May. The FOMC meeting minutes provided additional information about the Fed’s committee’s decision to hike rates by 25 bps in February. Economists are now looking forward to a 5.25% terminal rate at the …