Tag: CPI

Inflation Effects on Economy
Economy

Inflation Effects on Economy

Inflation effects on developed and developing Economy What is Inflation? Inflation is the rate at which prices for goods and services rise. It is measured as the percentage change in a price index, such as the Consumer Price Index (CPI). Inflation can have both positive and negative effects on an economy. On one hand, it […]

Asian Stocks Turn Risk-On Ahead of U.S. CPI Reading
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Asian Stocks Turn Risk-On Ahead of U.S. CPI Reading

Asian Stocks Turn Risk-On Ahead of U.S. CPI Reading! Asian stock markets rose on Monday as investors awaited further signs that US inflation is slowing, and tech stocks are struggling to gain momentum. The weakness of the US dollar, as it retreated from a 20-year high, also contributed to the risk of starvation. But public holidays in Hong Kong and China kept business prices in the region muted. Taiwan’s tech-heavy index was the region’s top performer, up 1.8%. Indices in Japan and Australia […]

Canadian Inflation Decreased to 7.6% in July
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CANADIAN INFLATION DECREASED TO 7.6% IN JULY

Canadian inflation decreased slightly to 7.6% in July with a lower gasoline price, official data showed on Tuesday, encouraging the Governor of the Central Bank to say that the annual level might have peaked but will “remain too high for some time”. The underlying price pressures suggest that another increase in disproportionate interest rates was […]

Fed Waller Supports a 75 basis points increase
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Fed Waller Supports a 75 basis points increase

Fed Waller supports a 75 basis points increase later this month but it can be more than that. At the Rocky Mountain Economic Summit Global Interdependence Center in Victor, Idaho, Waller said he is expecting another rate hike of 75 basis points. It will bring the range of federal funds to 2.25% to 2.5% before […]

US Inflation marked a fresh high
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US Inflation marked a fresh high

US inflation marked a fresh high of 9.1% in June, exceeding the estimated analysis and putting up further pressure on the Federal Reserve to reduce it with faster interest rates. The labor statistics office said prices rose 1.3% only in the month, which was the largest monthly gain since 2005. That was mainly due to […]