Page 49 - Inflation Data News Today

US stocks fell sharply Wednesday after inflation data for March came in higher than expected.

S&P 500 Rises Ahead of Inflation Data Government-bond yields slipped, while gold prices clinched a third consecutive record close. European Central Bank to stand pat this week but...

Deveya Gaglani, Research Analyst - Commodities, Axis Securities, said, "Gold prices ventured into unchartered territory above the Rs 70,000 level for the first time in history. Prices made a new lifetime high of Rs 70699 after the NFP data print from the USA."

The U.S. economic calendar gets off to a relatively quiet start this week before picking up with the release of closely watched reports on consumer and producer price inflation in the coming days.

The U.S. economy added 303,000 jobs in March, and the unemployment rate dipped slightly to 3.8 percent, according to new Labor Department data released Friday. The March jobs report once again beat expectations. Economists had anticipated that the economy would gain 200,000 jobs and that the jobless rate would dip to 3.8 percent. The latest…

Federal Reserve Chair Jay Powell doubled down on his belief that inflation was on a 'bumpy' path down to 2% and that central bank officials expect to lower rates at 'some point' this year.

Asian markets were mixed Monday after data showed a slight uptick in US inflation but Federal Reserve boss Jerome Powell said the reading was "in line with expectations".Powell said the report "is pretty much in line with our expectations" and decision-makers were on track to hit their long-term inflation target of two percent.

Gold hit another fresh record high Monday as investors grow confident that the Federal Reserve will cut interest rates this year, even after data showed a slight uptick in a key inflation report.Federal Reserve chair Jerome Powell said the report was "pretty much in line with our expectations" and decision-makers were on track to hit their long-term inflation target of two percent.

The Fed's preferred gauge of inflation wasn't hotter than expected in February, which could keep a mid year interest rate cut on the table.

The recent rise in US inflation hasn't stalled the Federal Reserve's ongoing fight against rising prices, Fed chair Jerome Powell said Friday, shortly after the publication of fresh government data.He said that while the recent inflation data were higher than the Fed would have liked, the February figures were "definitely more along the lines of what we want to see."