Latest Updates Around The World
US interest rate futures on Friday increased the likelihood of Federal Reserve rate cuts in June, following a report showing that inflation rose less than expected in January.Federal funds rate futures, which measure the cost of unsecured lending between banks, estimate a nearly 70% chance that the Fed will resume interest rates at its June […]
The S&P 500 and the Dow Jones hit record highs on Monday, with shares of technology companies and retailer Walmart rising and investors largely brushing aside concerns about the Justice Department’s criminal investigation into Federal Reserve Chairman Jerome Powell. Shares of Walmart rose 3%, boosting the S&P 500 and the Nasdaq, where the retail giant […]
Core inflation – which excludes the prices for food and energy consumption – stable per year at 3.1%, with food (+0.5%) and energy (+0.7%) that makes a large monthly profit. Sheltering costs, an increase of 3.6% year after year, continued to cool, but was still good for the largest share of the total monthly increase […]
Golden prizes rose 250 to scale a peak of RS 1.13,000 per 10 grams in national capital on Wednesday, stimulated by robust purchasing by central banks worldwide, a weak dollar and persistent geopolitical uncertainties. So far, the prices for precious metals have added RS 34,050 or 43.12 percent this year, rising from RS 78,950 per […]
Golden prizes fell 1,000 to RS 1.01,520 per 10 grams in the National Capital on Tuesday in line with a sale on the world markets, according to the All India Sarafa Association. On Monday, the precious metal of 99.9 percent purity was located at RS 1.02.520 per 10 grams. In the local markets, the gold […]
Gold prices extended the profit for a fifth consecutive session on Wednesday, helped by the prospects at lower American interest rates, while investors looked forward to the decision of President Donald Trump about the appointments of the Federal Reserve. Fundamentals * Spot gold rose by 0.1% to $ 3,383.67 per ounce from 0036 GMT, after […]
The Reserve Bank of India (RBI) is expected to revise its inflation target down for the 2025-26 financial year in the coming August MPC (Monetary Policy Committee), according to a recent report from CarEEDGE Ratings. The report emphasized that the inflation of the consumer price index (CPI) can be on average on average around 3.1 […]
Although there is no clarity about a fresh addition to the basket, but the economic examination of 2023-24 argued for removing food from inflation targeting. | Photocredit: Sushil Kumar Verma Basket of Consumer Price Index (CPI) will be larger, said Rao Inderjit Singh, Foreign Minister (Independent Charge) in the Ministry of Statistics and Program implementation. […]
