US inflation

Global Economy

Briefs: US inflation refuses to bend; Temasek opens Paris office; Jack Ma cheers Alibaba's latest overhaul plan

US President Joe Biden believes that there will be a rate cut "before the year is out".

US Economy

US core CPI tops forecasts again, likely delaying Fed rate cuts

'The sound you heard there was the door slamming on a June rate cut. That's gone'

US Economy

Powell says latest inflation data 'in line with expectations'

However, he adds it won’t be appropriate to lower rates until officials are confident inflation is on track toward their 2% goal.
Fed’s preferred inflation metric cools while spending rebounds - THE EDGE SINGAPORE

US Economy

Fed’s preferred inflation metric cools while spending rebounds

The so-called core personal consumption expenditures price index, which strips out food and energy, increased 0.3% m-o-m.
US inflation tops forecasts in blow to Fed rate-cut hopes - THE EDGE SINGAPORE

US Economy

US inflation tops forecasts in blow to Fed rate-cut hopes

The so-called core consumer price index, which excludes food and energy costs, increased 0.4% from December.
US inflation accelerates, tempering case for Fed to cut rates - THE EDGE SINGAPORE

US Economy

US inflation accelerates, tempering case for Fed to cut rates

The consumer price index increased 3.4% in the year through December, the most in three months according to government figures.

US Economy

US core CPI picks up in sign of bumpy path down for inflation

US underlying inflation picked up in November, reinforcing the Fed’s intent to keep interest rates elevated in the near term.

Global Economy

Briefs: Biden and Xi strike deals on military comms, fentanyl, AI; Cameron makes surprise UK cabinet comeback

"The way we value IQ over EQ might change." –— President Tharman Shanmugaratnam.

US Economy

US consumer prices rise at brisk pace for second straight month

US consumer prices advanced at a brisk pace for a second month.

US inflation slows in May, giving room for Fed to pause rate hikes

At 4%, year-over-year inflation is now at its lowest level since March 2021.
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