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Retail inflation eases marginally to 1-year low of 4.75% in May: Govt data
Retail inflation eased to a one-year low of 4.75 per cent in May as prices of some kitchen items de…
PTI
Inflation spikes in June 2024 due to high food prices; Likely to affect RBI’s decision on interest rate
Indian retail inflation rises to 5.08% in June, driven by a spike in food prices. Food price inflat…
Why the Fed won't cut rates until December, according to Bank of America
"We think the Fed can be patient," Bank of America economists wrote in new research.
Kelly Cloonan
After AAP, ED attaches land, bank deposits of CPI(M); says party holding proceeds of money laundering
Official sources said the party may be named as an accused in the next supplementary chargesheet to…
PTI
3 reasons the Fed should cut interest rates this month instead of waiting for September
"If the case for a cut is clear, why wait another seven weeks before delivering it?" Goldman Sachs …
Matthew Fox
Why June CPI is going to be a big moment for stock market bulls, according to Fundstrat's Tom Lee
"It's going to be a week of reckoning, and I mean a reckoning of how people view inflation and the …
Matthew Fox
Welcome back to Wall Street earnings season
Among other things, bankers and investors will be keeping an eye out for updates on Jamie Dimon's r…
Jordan Parker Erb
Inflation cooled off more than expected in June
Inflation keeps cooling. The consumer price index rose 3.0% year over year; the forecast was 3.1%.
Madison Hoff
RBI retains inflation projection for FY25 at 4.5%
The Reserve Bank, which has been mandated to ensure inflation remains at 4 per cent (with mar…
PTI
Here's how inflation has ratcheted up the cost of basics like housing and food for families across the US
Daily essentials are inflating faster than broad inflation indexes, as the ALICE Essentials Index i…
Juliana Kaplan,Noah Sheidlower
Inflation unexpectedly cools off as the Fed decides its next move
The Consumer Price Index increased 3.3% year over year in May, which is less than the 3.4% increase…
Madison Hoff
The Fed's next decision will likely mean Americans are going to wait a lot longer for any interest rate cuts
The booming jobs report and still-high inflation mean the Federal Reserve is likely to hold interes…
Ayelet Sheffey,Madison Hoff
I dodged a 15% rent increase because of a new NYC housing protection law. Here's how to know if it could save you money.
When I first learned about my proposed rent increase, I cried. Then I learned about a new law.
Juliana Kaplan
Stock market today: S&P 500 closes at a record high as investors await the latest Fed decision, May CPI
The S&P 500 hit a record. Shares of Apple surged a day after its WWDC event, while traders braced f…
Filip De Mott
More interest-rate hikes aren't off the table yet, Fed president says
"If we get surprised by the data, then we would do what we need to do," Neel Kashkari said during a…
Filip De Mott
Social Security's 2025 bump is projected to be the smallest in 5 years
Social Security's 2025 cost-of-living adjustment is projected to be 2.66%. Over 70% of older adults…
Cork Gaines
Hey, America, here's what's actually going on with the economy
Hey, America, we are not in a recession, we haven't been in one for quite some time, and there isn'…
Madison Hoff
Buckle up America: Powell says interest rates will likely stay higher for longer as inflation stubbornly refuses to come down
Fed Chair Jerome Powell said his confidence inflation will slow "is not as high as it was," meaning…
Ayelet Sheffey,Madison Hoff
Inflation slightly cooled off in April as expected
The Consumer Price Index increased by 3.4% in April from a year ago, matching the forecast.
Madison Hoff
Stock market today: Dow aims for 8-day win streak with next week's CPI report in focus
A number of Fed officials will speak Friday, and investors will be listening in for any clues on in…