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US INFLATION DECEMBER 2023
US inflation tops 4% for first time in three years, keeping Fed hike in playUS inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve's interest rate hike plans on the table fo...
US inflation tops 4% for first time in three years, boosts Fed hike betsUS inflation surged past 4.0% in May, driven by Middle East conflict-fueled energy prices, marking the highest increase in three years. Thi...
Gold futures sink to three-month low as dollar rally batters bullionIndia's gold prices hit a three-month low on Wednesday, dropping to Rs 1.44 lakh per 10 grams, as global markets react to a bolstered US do...
Why Fed's bubble blind spot is cause for anxietyNew Federal Reserve Chair Kevin Warsh may follow Alan Greenspan's approach of not intervening in financial bubbles, a strategy that led to ...
US manufacturing soars on front-loading of orders; factory employment tanks to six-year lowUS manufacturing activity surged in June as businesses stocked up anticipating shortages and price hikes, driven by Middle East conflict im...
Centre extends Old Pension Scheme (OPS) benefit to compassionate ground appointees: Application date to decide eligibility; who will benefit?Central government employees appointed on compassionate grounds before 2004, but joining after, can now opt for the Old Pension Scheme (OPS...
India's June private sector growth slips to three-month low as demand, confidence cool, PMI showsIndia's private sector growth slowed in June, hitting a three-month low as weaker demand impacted both factories and services. Business con...
Gold prices fall Rs 1,300/10g; silver tanks Rs 7,200/kg on firm dollar, rate hike fears. What should you do?Gold and silver prices fell sharply on MCX on Tuesday, reversing gains from the previous session, as a stronger U.S. dollar dampened demand...
Gold steady as investors focus on US-Iran peace talksGold prices held steady as U.S.-Iran peace talks progressed, offering a glimmer of regional stability. However, escalating expectations of ...
Gold price prediction: Gold rate futures fall big, what to expect for bullion?Gold rate today: Gold rate is driven by a number of factors including U.S.-Iran war.
Traders boost US rate-hike bets on hawkish FedTraders are now fully anticipating a quarter-point interest rate hike from the Federal Reserve by September, a shift driven by renewed infl...
UK Pound hits two-month low as dollar surges and BoE holds ratesThe British pound has fallen to its lowest point in two months. This happened as the US dollar strengthened due to expectations of interest...
Gold price on June 18: Why is gold rate crashing?Gold rate today: Gold is often seen as a hedge against inflation, elevated interest rates tend to pressure bullion.
US Federal Reserve keeps interest rates unchanged, projects one rate hike for 2026The Federal Reserve held interest rates steady at 3.5%-3.75% in Kevin Warsh's first meeting, with policymakers signaling potential rate hik...
Gold falls 1% after Fed holds rates steady, signals rate hike this yearGold prices fell significantly on Wednesday. The U.S. Federal Reserve kept interest rates unchanged but indicated a possible increase later...
UK inflation unexpectedly sticks at 13-month low before BoE rate decisionUK inflation remained steady at 2.8% in May, surprising economists and the Bank of England. This data influenced currency markets, with Ste...
How Brexit is estimated to have hit the UK economyBritain's economy shows weak growth since leaving the European Union. Various researchers estimate significant losses in GDP, productivity,...
US Stock Market: UBS pushes Fed rate cut expectations to 2027 on hawkish policy outlookUBS Global Wealth Management now expects the US Federal Reserve to keep interest rates unchanged through 2026, delaying rate cuts until 202...
Decision-Day Guide: Warsh faces first big test as Fed ChairFormer Fed governor Kevin Warsh, if elevated to Federal Reserve Chair, faces his first major test amid heightened market sensitivity to US ...
Charting the Global Economy: War pushes up prices, dents growthThe Iran war is fueling a global inflation wave, prompting the European Central Bank to raise interest rates for the first time in nearly t...