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INFLATION DATA JULY 2023
US inflation holds at 3.7% in July, complicating Fed rate debateU.S. inflation remained unchanged in July, exceeding the Federal Reserve's target. This persistent inflation complicates the central bank's...- Fed seen a bit more likely to hike after inflation dataUS inflation data showed a slight increase in July. The personal consumption expenditures price index rose to 3.7 percent. Core inflation r...
- Social Security COLA 2027 Update: October announcement date confirmed - Check the projected increase, how it’s calculated and when the new benefits will take effectSocial Security COLA 2027 Update: Beneficiaries of Social Security are on the edge of their seats as they await the October announcement fo...
- Global Market: Japan stocks rise ahead of Nvidia earnings, US inflation dataJapanese shares edged higher on Wednesday as investors awaited Nvidia’s quarterly earnings and key US inflation data for clues on the outlo...
- Gold little changed with US inflation data in spotlightGold prices held steady as investors kept a watchful eye on upcoming United States inflation data, which is expected to offer insights into...
- Broad-base rise in food prices despite monsoon recovery, RBI's state of economy report showsIndia's economy shows resilience with improved domestic demand and strong activity. Food prices have seen a broad-based increase, impacting...
- ICE arrests jumped to nearly 50,000 in July, the highest monthly total of Trump's second termUS Immigration and Customs Enforcement (ICE) arrested 49,571 people in July, the highest monthly total since Donald Trump returned to offic...
- India investigates global fragrance giants over price collusion, document showsIndian authorities are investigating global fragrance companies for alleged price collusion. This new case follows an ongoing probe into la...
- Social Security COLA 2027: Mark this key date now as millions wait to see how big the COLA increase could be, how much their checks may rise and when higher payments beginThe Social Security COLA 2027 announcement is getting closer. The expected date is October 14, 2026. The current 2027 COLA estimate is 3.6%...
- US Stock Market: Nvidia earnings, Jackson Hole to test strength of AI-led stock rallyNvidia’s earnings and Fed Chair Kevin Warsh’s Jackson Hole debut are poised to test the AI-driven stock rally. Rising Treasury yields, infl...
- Global Market: BOJ's July 2027 meeting could shape Japan's rate pathThe Bank of Japan’s July 2027 policy meeting is drawing attention after being scheduled for July 21-22, allowing hawkish board members Naok...
- Global Market: Japan core inflation accelerates in July, strengthening case for BOJ rate hikeJapan’s core inflation rose to 1.8% in July from 1.6% in June, in line with market expectations, strengthening bets that the Bank of Japan ...
- India’s infrastructure output grows 5.4% in July, down from revised 6% in JuneIndia's infrastructure output grew 5.4% year-on-year in July 2026. This growth moderated from the revised 6% expansion recorded in June. Th...
- Trump urges Fed to cut interest rates, says 'they are so afraid of inflation'US President Trump wants the Federal Reserve to lower interest rates soon. He believes the central bank fears inflation and should not rais...
- Inflation concerns rose at US Fed's July meeting, minutes show; policymakers insisted on rate hikeFederal Reserve policymakers expressed concern over inflation at their last meeting. Many officials indicated a rate hike would be necessar...
- US Economy: Inflation eases but prices remain high, retail sales fall, jobless claims riseInflation eased last month, but prices remain elevated for American consumers. Retail spending decreased sharply, surprising economists and...
- Bitcoin hovers near $63,000 despite softer US inflation as weak liquidity weighs on cryptoBitcoin hovered near $63,000 as weak liquidity and subdued institutional demand offset softer U.S. inflation data. Bitcoin and Ethereum dec...
- India's wholesale inflation eases to 9.78% in July from 9.87% in JuneIndia's wholesale inflation eased to 9.78% in July from June's 9.87%. Fuel and power basket inflation decreased significantly to 20.05% in ...
- India’s July trade deficit widens to $31.98 bn from $30.43 bn in JuneIndia’s merchandise trade deficit widened to $31.98 billion in July from $30.43 billion in June, exceeding economists’ estimate of $30.20 b...
- India’s July inflation quickens to 4.45% from 4.38% in June, stays above RBI targetIndia saw its retail inflation rise to 4.45 percent in July compared to June's 4.38 percent, largely due to rising food prices, which are k...
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