A larger than expected drop in inflation data has boosted the chances of an interest rate cut as soon as February.
The benchmark S&P/ASX 200 slid 0.12 percent to 8,399.10, with property developers, energy and tech stocks leading losses. The broader All Ordinaries index ended down 0.18 percent at 8,644.50.
The latest PMI survey for December showed that firms did raise their output prices but this was for the first time in three ...
We’re still structurally bearish for 2025, but as noted post the CPI release, this market wants to have a bit of a dip lower ...
For retirees, healthcare expenses are unavoidable and increasingly unaffordable. Fidelity Research says a 65-year-old ...
Now that Donald Trump is back for a second presidential term, another big political shift will happen simultaneously happen ...
Since the FOMC is responsible for setting interest rate policy at the Fed, Wall Street watches each SEP very closely. In the September SEP, the FOMC forecast five potential interest rate cuts in 2025, ...
The Producer Price Index (PPI), which measures price changes at the wholesale level, was released on Tuesday, with the measure of retail price changes, the Consumer Price Index (CPI), following ...
Twenty-seven of China’s 31 provincial-jurisdictions set such a lower CPI target, which is often used as a gauge for monetary policy and has increasingly become an indicator of demand ...
Overall consumer prices increased 2.9% from a year earlier, up from 2.7% in November, according to the Labor Department’s consumer price index ... pushing inflation lower in the coming months.
Measuring key aspects of a nation’s economy is important, but the metrics used are often misunderstood by many. Quantifying ...
CPI ex Fresh Food, Energy rose 2.4% YoY in December ... The BoJ has directly intervened in currency markets sometimes, generally to lower the value of the Yen, although it refrains from doing ...