July’s Mild Inflation Report Should Make the Fed Pause
FRB Hawkdown It might be time to check on the Fed hawks; their momentum seems to have diminished. On Moderate inflation report, the figures released on Wednesday reinforced previous data, indicating that the Federal Reserve likely won’t need to increase interest rates this year. The consumer price index (CPI) rose by 0.1% in July compared […]
Indian Rupee remains steady as investors anticipate July’s CPI data for India and the US
The Indian rupee has dropped to nearly 87.90 against the US dollar as inflation in India rose moderately in July. India’s retail inflation rate increased to 1.55% year-on-year, marking the lowest level seen in eight years. The US and China have both consented to extend their 90-day tariff ceasefire. On Tuesday, during the latter part […]
July’s Food Inflation Leaves Families Hungry for Relief
Food inflation makes an unwelcome return Just when you thought it was safe to go back to the grocery store… Food inflation is picking up steam again. The Producer Price Index (PPI) for food rose 0.6% in July, the biggest increase since February. On an annualized basis, This equates to a food inflation rate of […]