Page 15 - அனைத்தும் நகர்ப்புற நுகர்வோர் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Fed Reserve Chair: Inflation to be elevated for months
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Fed Reserve Chair: Inflation to be elevated for months
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Fed Reserve Chair: Inflation to be elevated for months
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MacroBusiness
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See the latest Australian dollar analysis here:
Australian dollar was hammered but held above previous lows:
Gold and oil were firm despite DXY:
Not so the rest of the commodities complex:
Junk fell but is not yet alarming:
Yields jackknifed but not enough to break the flattenign trend:
Stocks struggled:
Event Wrap
US CPI was stronger than expected, in both the headline and core measures. It rose 0.9% in June (vs 0.5% expected, 0.6% prior), for a 5.4% annual pace – the highest since 2008. The ex-food and energy measure rose 0.9% m/m, 4.5% y/y – the highest since 1991. Many components rose significantly (energy, transportation, vehicles, housing, services, apparel, and food and beverage notable), while medical care was the notable decliner.
US inflation surpasses expectations in June
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