The Dow Jones Industrial Average slipped 560 points, or 1.32 percent, while the S&P 500 declined 1.54 percent. The tech-heavy ...
One reason for this trend is Federal Reserve policy. The Fed responds to high inflation by raising the federal funds rate, ...
The inflation rate crept up again in January after starting to increase since November after falling dramatically in October by 1%. Statistics SA announced on Wednesday morning that the inflation ...
As you can see, borrowing money gets more expensive when inflation goes up, but your savings balances also grow faster. Here are some of the accounts where your rate might increase when inflation ...
Policymakers’ preferred gauge of underlying inflation probably picked up in January, ahead of data due Friday. Follow The Big Take daily podcast wherever you listen. “Our outlook is very much ...
However, when WPI manufacturing inflation goes up, it normally translates into higher core CPI inflation. That is what we have to watch out, and be wary of!
Gold prices rose on Tuesday, supported by safe-haven flows as trade war concerns sapped risk sentiment across wider markets, while attention was on U.S. inflation data, as per a report. Spot gold ...
The current inflation rate is 3.2%. The higher-than-inflation social grant increases are intended to help cushion grant beneficiaries against the VAT increase announced on Wednesday, the minister said ...
Consumer sentiment took another hit in March as worries intensified over inflation and a slumping stock market, according to ...
which were up 4.2%. Economists have said that the sales tax break had distorted overall inflation numbers, and that core inflation was a more accurate gauge of consumer price trends. The BoC has ...
which the Reserve Bank uses to measure Australia’s inflation rate, came in at 2.8 per cent, up from 2.7 per cent in December. While Wednesday’s monthly CPI figures are only a snapshot ...