The Latest Breaking News from Inflation

Dollar Drops on Dovish U.S. Economic Reports

The dollar index (DXY00 ) this morning is down by -0.25% and posted a 1-month low. The dollar extended Wednesday’s losses on today’s Fed-friendly productivity and trade deficit reports. Also, strength in the yen weighed on the dollar as the yen today climbed to a 1-month high against the dollar....

Barchart · Mar 7, 2024

President Biden To Address Key Issues In State Of The Union

President Biden's State of the Union speech will cover achievements, future plans, and key issues like inflation and border security, aiming to rally suppo...

Top News · Mar 7, 2024

Stocks Climb on Lower U.S. and European Bond Yields

The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.53%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.46%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.61%. Stock indexes this morning are seeing support from a decline in the 10-year...

Barchart · Mar 7, 2024

India's Feb Consumer Price Inflation Expected To Decrease

India's consumer price inflation expected to decrease, indicating economic stability and enhanced purchasing power.

Top News · Mar 7, 2024

Strikes cripple air and rail travel across Germany

Airport workers and train drivers walk off the job to demand more pay to offset soaring inflation in the country.

Al Jazeera · Mar 7, 2024

Black cab taxi fares to rise by more than double inflation to stop cabbies quitting

Black taxi fares are to rise by more than double the rate of inflation from next month in the latest attempt to prevent cabbies quitting the trade.

Evening Standard · Mar 7, 2024

Asian Markets Swing Ahead Of Key US Jobs Data

Equities fluctuated in Asian trade Thursday as investors try to assess the Federal Reserve's plans for interest rates after boss Jerome Powell indicated they would start to come down this year.

International Business Times · Mar 7, 2024

Sticky Inflation To Keep Eurozone Interest Rates On Hold

Sticky inflation is expected to prompt eurozone rate-setters to hold borrowing costs steady again Thursday, as they await clearer signs of a sustained easing of consumer prices before beginning to cut.

International Business Times · Mar 7, 2024

Inflation Fears Disrupt Bond Market As Powell Addresses Lawmakers

Bond market volatility rises as inflation concerns unsettle investors ahead of Powell's testimony.

Top News · Mar 6, 2024

Stock Market Today: Stocks Rise After Powell Repeats Rate-Cut Message

The main indexes closed higher after Fed Chief Powell stuck to his script on inflation and interest rates in today's congressional testimony.

Kiplinger · Mar 6, 2024