Tag Archives: inflation

Wildfires Ignite Inflation Fears as Economic Headwinds IntensifyThe recent wildfires in Los Angeles have ignited concerns beyond the immediate human and environmental toll. Economists warn that these infernos will not only scorch the land but also fan the flames of inflation, further complicating the Federal Reserve’s fight to bring prices …

The U.S. dollar steadied on Friday but was set to break its six-week winning streak as investors reassessed the Federal Reserve’s monetary policy path and looked ahead to the inauguration of President-elect Donald Trump next week. Dollar Dips on Fed Rate Cut Expectations The dollar index, which measures the greenback …

Global markets rallied on Thursday, continuing the momentum sparked by Wednesday’s encouraging U.S. inflation data and strong corporate earnings across multiple sectors. Key Highlights Earnings Boost Confidence Richemont (SIX:CFR): Shares of the luxury goods maker soared 17%, marking its best single-day performance in 17 years, following results that exceeded expectations. …

Britain’s economic output edged up by 0.1% in November compared to October, marking the first increase in three months. However, the rise was below the 0.2% expansion predicted by economists in a Reuters poll, according to data released Thursday by the Office for National Statistics. The modest growth followed two …

US consumer prices rose in line with expectations in December, while an underlying measure was slower than anticipated. This closely-watched gauge of inflation could influence the Federal Reserve’s interest rate policy plans in the coming months. The headline consumer price index (CPI) increased by 0.4% in December, slightly higher than …

Germany’s economy contracted by 0.2% in 2024, marking its second consecutive year of decline after a 0.3% contraction in 2023, according to data released by the Federal Statistics Office. The economy also shrank by 0.1% in the final quarter of the year, showing limited signs of recovery amidst ongoing economic …

UK inflation data for December came in cooler than expected, providing some relief to policymakers at the Bank of England (BoE) ahead of their February meeting. The figures suggest a window for the central bank to consider reducing interest rates, especially as the economy continues to face challenges. Key Inflation …

Producer prices in the U.S. increased at a more moderate pace in December, suggesting a potential easing of inflationary pressures that could influence the Federal Reserve’s monetary policy decisions in 2024. Key Highlights PPI Growth: The Producer Price Index (PPI) for final demand rose 0.2% month-on-month, below November’s 0.4% increase …

The New York Federal Reserve’s latest Survey of Consumer Expectations revealed a mixed picture of consumer inflation expectations in December, with concerns about household debt rising.Key Findings: Mixed Inflation Expectations:One-year ahead inflation expectations remained steady at 3%. Three-year ahead inflation expectations ticked up to 3% from 2.6% in November. Five-year …

Last week was eventful, marked by a series of significant developments. These included policy directions anticipated from President-elect Donald Trump’s administration, future paths for central banks, particularly the Federal Reserve, and the impact of key US economic releases. The Eurozone has seen significant developments, particularly CPI front. Several European leaders …