Search For "inflation in us"
Interest rates "likely to be higher" than previously anticipated: US Fed c
Updated : 3 years ago IST
Consumer inflation in the US moderated to 6.4 per cent in January from 6.5 per cent in December, and 7.1 per cent the previous month but still is way above the 2 per cent target.
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Monetary policy to be restrictive for some time, says US Federal Reserve V
Updated : 3 years, 5 months ago IST
Washington [US], October 11 (ANI): US Federal Reserve is expected to continue to keep its monetary policy restrictive for some time in order to ensure that high inflation numbers move back to target over time, according to the central bank's Vice Chair Lael Brainard.
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Supply-chain disruptions in China likely to appear in coming months: Moody
Updated : 3 years, 6 months ago IST
New Delhi [India], September 21 (ANI): Volatility in supply-chain disruptions in and around China is "bound to appear" in the coming months as the country will likely maintain its targeted zero-Covid policy through at least the end of this year, said Moody's Analytics.
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Indian stocks slump snapping 4-day gains on elevated US inflation
Updated : 3 years, 6 months ago IST
New Delhi [India], September 14 (ANI): Snapping fourth straight session gains, Indian stocks opened Wednesday's trade with a sharp cut on account of consistent red-hot consumer inflation in the US.
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Indian stocks rise sharply as inflation in US moderates
Updated : 3 years, 7 months ago IST
New Delhi [India], August 11 (ANI): Indian stocks rallied sharply on Thursday morning after consumer inflation in the US showed some moderation in July. Investor sentiments were firm on hopes that inflation has probably plateaued.
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Consumer inflation in US moderates in July
Updated : 3 years, 7 months ago IST
Washington [US], August 11 (ANI): Consumer inflation or Consumer Price Index in the US has moderated to 8.5 per cent in July compared to a year ago period, US Bureau of Labor Statistics data showed. The inflation print for the month was down from a four-decade high of 9.1 per cent in June.
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Seven in 10 economists expect recession in US next year: poll
Updated : 3 years, 9 months ago IST
New York [US], June 16 (ANI/Xinhua): Nearly seven out of 10 economists believe there will be a recession in the United States next year amid geopolitical tensions and soaring inflation, Newsweek on Tuesday cited a new poll.
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US Senate confirms Powell to second term as Fed chair amid inflation
Updated : 3 years, 10 months ago IST
Washington [US], May 13 (ANI/Sputnik): The US Senate on Thursday voted to confirm Jerome Powell as chairman of the Federal Reserve, making official his position as head of the country's central bank for another four-year term.
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US producer prices up 11 pc in year to April, adds to inflation woes
Updated : 3 years, 10 months ago IST
Washington [US], May 12 (ANI/Sputnik): US producer prices, a measure of what retailers pay for goods at the wholesale level, rose 11 per cent in the year to April, the Labor Department said on Thursday in the latest data that showed little let-up in inflation pressure.
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Biden calls inflation in US 'unacceptably high'
Updated : 3 years, 10 months ago IST
Washington [US], May 12 (ANI): US President Joe Biden on Wednesday (local time) said that inflation in the country is "unacceptably high" and bringing it down is his top economic priority.
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US considers reducing tariffs, other tools to fight runaway inflation: Tra
Updated : 3 years, 10 months ago IST
Washington [US], May 3 (ANI/Sputnik): The Biden administration is considering lowering the existing trade tariffs amid all other available tools to fight the galloping inflation in the United States, US Trade Representative Katherine Tai said during an event organized by the Milken Institute
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Wall Street down third week in row as interest rate hike fears come to hea
Updated : 3 years, 11 months ago IST
New York [US], April 23 (ANI/Sputnik): Wall Street fell for a third straight week as fears of aggressive interest rate hikes by a Federal Reserve eager to break the back of the worst US inflation in 40 years led to an investor exodus from stocks and even safe-havens such as gold.
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