Page 68 - Inflation Data News Today

Stock prices were mostly higher in Asia on Monday as investors awaited U.S. inflation figures and China’s latest economic data. Benchmarks fell in Hong Kong and Tokyo but rose in Shanghai, Sydney and Seoul. A surge in oil prices has added to worries that inflation may not be waning as hoped in the U.S and other major economies.

The US Consumer Price Index (CPI) for August is due out on Wednesday. Inflation is expected to rise 0.6% month-on-month for August, which would take the year on year rate to 3.6%, according to a Wells Fargo research note.

Goldman Sachs analysts say the market has already baked in a soft landing, so don't expect stocks to go much higher this year.

A key iPhone event and the final inflation data before the Fed's next meeting greet investors in the week ahead.

Boston Federal Reserve President Susan Collins said Wednesday that the central bank should take its time as it looks to bring inflation down, but warned further rate hikes could be warranted.

"The upcoming employment data on Friday will be crucial in determining if there is hope for economic growth in the US economy. The US economy has shown resilience so far, with employment data so far indicating that inflation pressures may be easing. However, there is still uncertainty regarding the Federal Reserves stance on interest rates and the overall state of the economy. "

European Central Bank policymakers kept a September rate hike on the table when they raised interest rates in July, although some of them argued that another move would be deemed unnecessary when new economic projections were released, the accounts of the meeting showed on Thursday. The ECB has lifted rates from minus 0.5% to 3.75% in just over a year to fight a surge in inflation. Arguments for a pause are now on the rise, especially as economic growth is visibly slowing, underperforming the ...

Is up, so weve got to see as far as inflation data and of course economic health leading into christmas. lets take a look at chinas property sector. weve been telling you about shares in evergreen falling sharply since they started trading on monday. another giant developer is also slated to meet offshore holders this week basically to iron out terms which could be the start of a major restructuring of its debt and the companys assets. the company has developments across china as far as malaysia...

As far as inflation data, and of course economic health leading into christmas. lets take a look at chinas property sector. weve been telling you about shares in evergrande falling sharply since they started trading on monday. another giant developer country gardenis also slated to meet offshore bond holders this week basically to iron out terms which could be the start of a major restructuring of its debt and the companys assets. the company has developments across china as far as malaysia. the...

Stocks rose moderately, but a higher-for-longer rate outlook Powell hinted at on Friday at Jackson Hole has left investors jittery.