The interim government has increased interest rates on various national savings certificates to upwards of 12 percent in an effort to make these instruments more attractive to savers and to cool ...
Investing.com - The US dollar steadied Thursday after the prior session’s losses in the wake of cooler inflation, while sterling slipped lower following the release of weak growth data.
US Core CPI printed cool at .2% versus .3%. Headline inflation was higher than core ... We project that PCE Core will roll down to 2.4% Y/Y by the end of the first quarter, which will clear ...
Inflation accelerated for a third straight month in December on rising food and energy costs, reaching a five-month high and underscoring that an encouraging slowdown in price increases last ...
Increased implementation of fiscal policies designed at to boost food production and reduce constraints facing businesses will halt soaring inflation, some economic experts have said. The measures ...
It ticked down just a little, from 3.3 per cent to 3.2 per cent: Unhedged’s preferred measure, month-to-month change in core inflation annualised, presents a rosier picture. The one month ...
"After recent red-hot data, today's softer-than-expected core CPI reading should help cool fears of a reacceleration in inflation," said Tina Adatia, head of fixed income client portfolio ...
US stocks surged higher Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks. The Dow surged 703 points, or 1.65%, to close at 43,222.
US stocks rallied sharply on Wednesday as traders took in encouraging inflation data and strong earnings from Wall Street banks. The sell-off in bonds also got some relief as the 10-year Treasury ...
Markets cheered a December inflation report that suggested underlying price pressures are easing, but the Federal Reserve still isn’t likely to cut interest rates anytime soon given President ...