Page 51 - Inflation Data News Today

A second straight month of stronger-than-expected inflation has effectively shut the door on the possibility of a Federal Reserve interest-rate cut before June, and makes back-to-back reductions after that look increasingly less likely

Asian markets mostly fell Monday after a forecast-busting jobs report dampened US interest rate cut hopes, with attention now turning to the release of key inflation data this week.Bitcoin fell slightly, having hit a fresh record high above $70,000 for the first time on Friday as demand picks up and traders grow optimistic about the prospect of interest rates coming down this year.

Investors are bracing for the CPI inflation print, the last big test for the market before the Fed meets in late March.

The Euro US Dollar exchange rate is struggling to extend its recent gains today amid a lack of notable data in both the US and Eurozone.

(Bloomberg) -- This week, the US bond market faces its own Super Tuesday of sorts: the release of fresh inflation data investors will use to predict when the Federal Reserve will start cutting interest rates.Most Read from BloombergThese Are the Best Countries for Wealthy ExpatsBubble Angst Belied by Big-Tech Weaklings, Broader S&P 500 GainsSlow US Inflation Retreat Is Set to Bolster Fed Patience on Rate CutsBillions Pour Into Nigeria as Tinubu’s Reforms Start to Pay OffFollowing a s...

Signs of fatigue on Wall Street and mixed Chinese inflation data will set the tone for Asian markets on Monday, with growing expectations of a landmark policy change later this month from the Bank of Japan also likely to drive the Nikkei and yen. Inflation data from China on Saturday showed that consumer price inflation was notably higher than expected, but producer price deflation accelerated once again. But the producer price index fell 2.7% year-on-year, more than forecast and the 17th cons...

The Cleveland Fed president told Yahoo Finance that a month-over-month jump in the Fed’s preferred inflation gauge "doesn’t really change my view" that inflation is moving down.

GARDEN CITY, N.Y. (Reuters) -New York Federal Reserve President John Williams said on Wednesday that even as there's still some distance to cover in achieving the U.S. central bank's 2% inflation target, the door is opening to interest rate cuts this year depending on how the data come in. "While the economy has come a long way toward achieving better balance and reaching our 2% inflation goal, we are not there yet," Williams said, adding, "I am committed to fully resto...

Asian stocks were largely muted on Wednesday after the release of lacklustre consumer confidence data, with comments from US Federal Reserve officials and fresh economic figures due later in the day.Later Wednesday, investors will be looking out for comments from three Fed officials, which could offer fresh insights into the US central bank's rate cut outlook.

Stocks Slip Ahead of Inflation Data The S&P 500 fell 0.4% and the Dow industrials shed 0.2%, after both hit records Friday. Japan Consumer Inflation Slows in January for Third Straight... -February 26, 2024 at 09:16 pm EST - MarketScreener