Grocery price inflation eases as shoppers worry over Iran war cost rises Shoppers increasingly relied on promotions to mitigate costs The Independent UK · May 27
Supply shock, debt may hurt central bank independence, ex-Fed executive says Former Fed executive Donald Kohn warned that political pressures on central bank independence are likely to increase. Public dissatisfaction over supply-shock inflation may lead politicians to blame central banks, even as their independence becomes more crucial for disciplined policy. Kohn advised central banks to protect their autonomy through clear communication… The Economic Times · May 27
Grocery price inflation slows again despite warnings of Iran war cost hikes Supermarket prices were 3.1% higher than a year ago in May, down from April’s 3.8% and March’s 4.3%, figures from Worldpanel by Numerator show. Evening Standard · May 27
Afternoon Update: Keating urges Labor to stand firm on CGT; inflation eases to 4.2%; and a dog shoots a woman Former PM warns that exempting commercial assets from the changes would further ‘distort’ the economy The Guardian - AU · May 27
FED:Falling fuel prices bolster hopes for RBA rate reprieve A cut in the fuel excise caused annual headline inflation to fall, but the underlying impulse for price pressures is still gathering steam. AAP · May 27
FED:Shares bounce on cool inflation data but risks remain Interest rate-sensitive stocks have forged ahead after a softening in headline inflation helped brighten an otherwise gloomy outlook for interest rates. AAP · May 27
Oil shock fears ease, but $80-$90 crude may be the new normal: Arvind Sanger Oil prices may remain high for months, according to market expert Arvind Sanger. While extreme price surges are less likely, consumers should prepare for elevated energy costs. Geopolitical tensions and supply chain issues will keep crude firm. India faces relief from price volatility but needs stronger domestic growth drivers beyond… The Economic Times · May 27
Inflation eases to 4.2% but interest rate rise still on horizon, economists warn Inflation dipped in the year to April as the government’s fuel excise relief kicked in, but price pressures remain and experts predict RBA may still raise cash rate The Guardian - AU · May 27
Global Market: BOJ’s Ueda warns oil shocks can trigger lasting inflation if wages and expectations rise Central banks must consider broader economic factors beyond isolated oil price movements, as temporary energy shocks can fuel persistent inflation if they influence wages and pricing behavior. Governor Ueda highlighted that the impact of oil price surges depends on prevailing inflation expectations and wage growth trends, with lessons drawn from… The Economic Times · May 27
Silver gains Rs 2,000/kg, gold at Rs 1.58 lakh/10 gms on weak dollar, Iran war peace deal hopes. Key levels to watch Gold and silver prices on MCX opened slightly higher on Wednesday, supported by a weaker U.S. dollar and investor focus on U.S.-Iran peace talks and the Federal Reserve’s future policy direction. The Economic Times · May 27
Interest rates look set to hold, after inflation and fuel costs fell in April. But it’s unlikely to last Inflation actually fell in Australia last month, thanks to temporary government fuel discounts that saw fuel prices come down by 7% from their record peaks in March. The Conversation · May 27
FED:Aussie shares edge higher as April inflation eases A rally in miners has helped counterbalance weakness in banking stocks, as the bourse crawls higher on the back of softer than expected inflation figures. AAP · May 27
Shares bounce on cool inflation data but risks remain Interest rate-sensitive stocks have forged ahead after a softening in headline inflation helped brighten an otherwise gloomy outlook for interest rates. AAP · May 27
MyLifeXP · May 27 Kejriwal’s One Question On Oil Left BJP Defending Fast Every time petrol and diesel prices rise, millions of Indians feel the pressure instantly. From auto drivers to office workers, from delivery boys to middle-class families, everyone ends up paying more. This time, the debate exploded after Arvind Kejriwal publicly questioned Prime Minister Narendra Modi over why India is not…
AAP · May 27 FED:Underlying price pressures grow despite fuel reprieve Annual headline inflation fell in April thanks to a cut in the fuel excise, but the underlying impulse for price pressures is still gathering steam.
The Economic Times · May 27 Yen hovers near intervention zone as traders assess Iran war outlook The yen neared intervention levels against the dollar amid Iran war concerns, while the Australian dollar held near recent highs before key inflation data. The New Zealand dollar stabilized after a dip, with the Reserve Bank expected to hold rates steady. The safe-haven greenback remained steady as U.S. strikes on…
AAP · May 27 FED:Underlying inflation still rising as fuel costs ease Annual headline inflation fell to 4.2 per cent in April thanks to a cut in the fuel excise, but the underlying impulse is still gathering steam.
The Economic Times · May 27 Gold edges higher on weaker dollar; focus on US-Iran talks, Fed outlook Gold prices edged higher on Wednesday, buoyed by a weaker dollar as investors awaited developments in U.S.-Iran peace talks. Market participants are also closely monitoring U.S. Federal Reserve policymakers' remarks and upcoming PCE data for insights into future monetary policy, while consumer confidence eased amid inflation concerns.
AAP · May 27 Shares advance, oil prices ease on shaky US-Iran truce Central bankers have signalled concerns about inflation as Japan's Nikkei hits a new record after Wall Street recorded gains on the back of AI optimism.
Saving Advice · May 26 Why Some Seniors Say Inflation Feels Closer to 8% — Even as Official Numbers Stay Lower Many retirees are confused by what feels like a growing disconnect between official inflation reports and their everyday reality. Government data may show inflation running...
Saving Advice · May 26 5 Grocery Costs Quietly Hitting Seniors Hardest Before Summer — From Meat Prices to Digital Coupon Barriers Many older Americans are walking out of grocery stores lately, wondering how a few basic items suddenly cost so much more than expected. Even though...
Saving Advice · May 26 The New ‘Unretirement’ Trend: Why More Seniors Are Returning to Work as Savings Fall Short For decades, retirement was viewed as the finish line after a lifetime of work, but that picture is rapidly changing for millions of Americans. Across...
Barchart · May 26 Dollar Weakens on US-Iran Peace Hopes The dollar index (DXY00 ) on Tuesday fell by -0.07%. The dollar moved lower on Tuesday amid signs that peace negotiations between the US and Iran are progressing, which curbed safe-haven demand for the dollar. Also, Tuesday's rally in the S&P 500 to a new record high has dampened liquidity...
Barchart · May 26 Walmart’s Fastest-Growing Business Isn’t Retail, but It Still Needs to Justify Its Premium Valuation Walmart delivered solid quarterly results, but investors focused on inflation risks and cautious guidance. One fast-growing business segment, though, may deserve closer attention.