Reports of the demise of US inflation have been greatly exaggerated. Today on the show, Rob Armstrong and Aiden Reiter ...
Most U.S. stocks rose following an encouraging update on inflation, but drops for Eli Lilly and some other influential stocks ...
Unhedged feels only a little reassurance. We thought inflation was all but beaten four months ago, and were wrong; once burnt, and all that. Despite this good report, however you look at it, core ...
Economists polled by Reuters expect Wednesday’s US consumer price index to show inflation of 2.8 per cent in December, up from 2.7 per cent a month earlier. They anticipate that core inflation, which ...
Earlier in the month, warehouse club chain Costco reported a 9.3 per cent year-on-year rise in US same-store sales in December, with the strongest gains coming from non-food departments such as ...
Yields down, stocks up. After government bonds sold off sharply the week before, buyers were back after favourable inflation prints calmed investors’ nerves in the US and UK in the past week. As far ...
The good news is not expected to last as inflation creeps up in the coming months as the rise in employer’s national ...
Let’s face it, while they are intellectually fascinating, there are no good news stories about bond markets. It’s always “someone’s defaulted”, “someone’s crashing the economy”, or some other such ...
Then there are the doves — those who fixate more on maximising employment and output growth while tolerating greater inflation risk. Hawks prefer to keep interest rates high while doves prefer them ...
President Recep Tayyip Erdoğan of Turkey, who turns 71 next month and is in his third decade as the nation’s leader, has an appetite for power that appears as healthy as ever. On Monday, he declared ...
Banks were among Wednesday’s biggest gainers after several of Wall Street’s biggest lenders posted big rises in quarterly profits, driven by strength in investment banking and trading. Citigroup, ...
which is that inflation might stabilise below the target,” he said. Asked about a recent Financial Times survey in which many economists stated that the ECB has been too slow to cut interest ...