Core inflation

Last Updated: May 11, 2023, 01:16 ISTGold rose as much as 0.7% after data showed US CPI rose 4.9% in April from a year earlier but lower than expectations of a 5% increase, before turning negative. (Representative image/AP)Spot gold was…

The Federal Reserve reinforced its fight against high inflation Wednesday by raising its key interest rate by a quarter-point to the highest level in 16 years. But the Fed also signaled that it may now pause the streak of 10 rate hikes that…

The dollar strengthened on Wednesday, lifted by rising Treasury yields, though the pound gained against the greenback after British inflation stayed above 10 percent in March and put more pressure on the Bank of England to keep raising…

Most global central banks may be either close to a peak or already done with interest-rate hiking, auguring a hiatus before possible monetary loosening comes into view.With the first signs of dents in economic growth now visible, and…

Retail inflation in India likely eased a bit last month but stayed above the Reserve Bank of India's upper threshold for a second straight month, keeping the central bank on course for further policy tightening, a Reuters poll found.Rises…

European Central Bank is set to raise borrowing costs by another half point at its March decision, according to president Christine Lagarde."It is very likely that we will raise interest rates by 50 basis points," Lagarde told El Correo…

The Indian economy could see another bout of inflation as the rural demand revives and the informal sector recovers from the pandemic-lows, economists at HSBC Securities and Capital Markets (India) said.Consumer price inflation remained…

The Reserve Bank of India hiked its key repo rate by 25 basis points on Wednesday but left the door open for more tightening, saying core inflationremained high.“The stickiness of core or underlying inflation is a matter of concern. We…

SINGAPORE: Singapore's core inflation remained unchanged at 5.1 per cent year-on-year in December, official data showed on Wednesday (Jan 25).  Smaller price increases for retail and other goods, as well as electricity and gas, were offset…

India’s retail inflation soared to 7 per cent in August, as compared to 6.71 per cent in July, data showed on Monday, August 12. This comes after three months of India’s retail inflation easing from its peak, following the Reserve Bank’s…