Business News
Malaysian Stocks Tread Carefully Amid Inflation Fears And Uncertainty
FBM KLCI slips as inflation concerns, weaker oil prices, earnings anticipation and election uncertainty keep investors cautious this week ahead.
Category: Inflation
World Business News
US Consumer Prices Rise 0.4% in October, Beating Forecasts
US consumer prices rose 0.4% in October, above forecasts, as food and energy climbed, bolstering bets on a December Fed hike.
World Business News
Oil Falls to Lowest Since August on Iran De-escalation Hopes
Brent crude slid to its lowest since late August after Trump downplayed new strikes on Iran, easing inflation fears and lifting Asian stocks.
World Business News
ECB’s Lane Says Data Will Decide December Rate Move
ECB Chief Economist Philip Lane says incoming data will guide a December decision, as officials signal readiness to raise rates again.
World Business News
BOJ’s Ueda Says Moderate Inflation Reviving Japan Firms’ Investment
BOJ Governor Kazuo Ueda says moderate inflation is reawakening corporate risk appetite, with bank lending growing at its fastest pace in three decades.
World Business News
Fed’s Daly Says More Rate Hikes Likely as Inflation Lingers
San Francisco Fed President Mary Daly says further tightening is likely, warning Americans are on a treadmill of high inflation.
World Business News
Lagarde Says Euro Zone Inflation to Stay High for Quarters
ECB chief Christine Lagarde says euro zone inflation will remain high in coming quarters but won't commit to a December hike.
World Business News
Italy’s Giorgetti Says Inflation Surge to 5.6% Is ‘Dramatic Consequence’ of Wars’ Hit to Energy
Italian Economy Minister Giancarlo Giorgetti linked October's jump in inflation to 5.6% to conflicts in the Middle East, as Istat data showed energy prices…
World Business News
Fed’s Logan Calls for At Least Two More Rate Hikes as Musalem, Barkin Also Back Tightening
Dallas Fed President Lorie Logan said the Fed needs at least two more quarter-point hikes, while St. Louis Fed's Alberto Musalem and Richmond Fed's…
Business News
Feds rate unchanged at a target range of 3.75% to 4.00%
Feds rate unchanged while the FOMC is scheduled to meet one more time this year to deliberate on monetary policy:
World Business News
Japan Not Yet Officially Out of Deflation, Economy Minister Kiuchi Says Ahead of BOJ Meeting
Japan's Economy Minister Minoru Kiuchi said the conditions for officially declaring an end to deflation have not been met, highlighting a gap with the…
World Business News
US Consumer Sentiment Holds Near Record Low at 48.0 in October as Price Worries Persist
The University of Michigan's final October consumer sentiment index slipped to 48.0 from 48.1, the second-lowest final reading on record, as year-ahead inflation expectations…
World Business News
Bank of Korea Seen Holding Rate at 3% This Week, With November Hike Still on the Table
Economists polled by Yonhap, Money Today and Seoul Economic Daily expect the Bank of Korea to keep its base rate at 3% on Thursday…
World Business News
Japan’s Wholesale Inflation Eases to 6.8% in September but Keeps BOJ Rate-Hike Debate Alive
Japan's wholesale prices rose 6.8% in September, slowing from 7.6% in August, while import prices surged 24.5% on a weak yen.
United States
US inflation: Pressure building
US business activity reached a five-year high in September, driven by new orders, but inflation pressures are rising.
Countries
US Inflation Surge Strengthens Case for Fed Hike
US CPI rose +0.4% in August, boosting expectations of a Fed rate hike as inflation pressures remain sticky.