Culture
US Federal Reserve’s Powell says tariff-driven inflation remains a big question
US Federal Reserve chair Jerome Powell on Wednesday (Jun 25) said the US central bank is still struggling to determine the impact of…
Tag
Inflation
Culture
US Federal Reserve split on whether to hedge on inflation, or proceed with cuts
The close split at the US Federal Reserve over whether to keep hedging against inflation risks or move forward faster with rate cuts came…
Culture
Singapore stocks sink on Thursday after Powell signals higher inflation; STI down 0.7%
Local shares fell for a second consecutive session on Thursday (Jun 19), after US Federal Reserve chair Jerome Powell warned of…
Culture
Philippines cuts key rate again as inflation stays below target
The Bangko Sentral ng Pilipinas reduced its overnight target reverse repurchase rate to 5.25% on Thursday The Philippine central bank…
Culture
Gold prices climb as Middle East tensions rise, US inflation eases
GOLD prices rose on Thursday, as rising Middle East tensions boosted demand for safe-haven assets, while softer-than-expected US inflation…
Culture
US: S&P 500, Nasdaq open near record levels after May inflation data
The S&P 500 and Nasdaq opened near record levels on Wednesday (Jun 11), as a cooler-than-expected inflation report calmed concerns around…
Culture
Gold rises as US-China trade uncertainty persists, investors eye inflation data
GOLD prices edged higher on Wednesday as uncertainty surrounding the finalisation of a US-China trade agreement weighed on sentiment and…
Culture
Bank of Japan vows to keep raising rates if underlying inflation accelerates
Bank of Japan Governor Kazuo Ueda on Tuesday stressed anew the central bank’s readiness to keep raising interest rates if underlying…
Business
Australia raises minimum wages by 3.5% as inflation eases
By Renju Jose and Stella Qiu SYDNEY (Reuters) -Australia's independent wage-setting body on Tuesday raised the national minimum wage by…
Culture
IHH Healthcare revenue could soften on medical inflation measures
IHH Healthcare will likely face “some softening” in patient admissions and revenue from the measures the group has implemented to combat…
Culture
Gold steady near record highs amid tariff concerns, inflation data awaited
GOLD prices steadied near an all-time high on Monday (Feb 24), supported by concerns over US President Donald Trump’s tariff plans, while…
Culture
IMF calls for Thai rate cut to support inflation, ease debt load
A FURTHER reduction in Thailand’s policy interest rate will help shore up low inflation and ease the burden for local borrowers, according…
News
A Trump DOGE Dividend Could Raise Inflation
DealBook’s Lauren Hirsch is in Miami Beach at the FII Priority conference, where President Trump floated the idea of sending Americans a…
News
Interest Rate Cuts on Hold Till Inflation Improves, Fed Meeting Minutes Show
The Federal Reserve pressed pause on interest rate cuts last month. The minutes from its January meeting suggest the hiatus is likely to…
Culture
Lower inflation wouldn’t assure rate cuts, Fed’s Lorie Logan says
US FEDERAL Reserve Bank of Dallas president Lorie Logan urged policymakers to remain cautious in the coming months, reiterating lower…
News
Hot Inflation Raises Stakes of Trump’s Tariffs
Hot inflation has raised the stakes of President Trump’s plans to escalate his use of tariffs on the country’s biggest trading partners,…
News
Donald Trump’s Chicken-and-Egg Inflation Problem
Just in: Lawyers for Elon Musk said he’d withdraw his $97.4 billion bid for control of OpenAI if the company halted its efforts to become…
Culture
US inflation data hits regional markets; STI up 0.2%
SINGAPORE equities ended Thursday (Feb 13) higher, even as US data – which indicated sticky inflation – hit regional markets. The Straits…
Business
January inflation in Germany drops due to some lower fuel prices
A woman holds money in her hand over of a basket full of groceries. Patrick Pleul/dpa Price pressure on consumers in Germany eased in…
Culture
Gold inches up on trade war fears, inflation data on tap
GOLD prices edged up on Thursday (Feb 13), as markets tracked developments in US President Donald Trump’s tariff plans, which could ignite…
Culture
US: Wall St opens sharply lower as hot inflation data dents rate cut hopes
WALL Street’s main indexes dropped at the open on Wednesday (Feb 12), as a hotter-than-anticipated inflation reading added to concerns…
News
Stocks Drop After Hotter Than Expected Inflation Reading
Stocks on Wall Street slumped at the start of trading on Wednesday, dragged lower by data that showed consumer prices rose more than…
News
Inflation Rises Unexpectedly, Keeping Fed Rate Cuts at Bay
U.S. inflation rose to 3 percent in January, strengthening the case for the Federal Reserve to extend a pause on interest rate cuts. The…
News
Trump Softens Tone on Inflation After Pledging to Lower Prices
President Trump promised voters that, if elected, he would enact policies that would bring prices down on “Day 1” in office. But three…