US consumer prices rose less than expected in January, reinforcing expectations that inflationary pressures will remain contained, according to Reuters. This keeps the prospects for rate cuts later this year intact.The consumer price index rose 0.2% in January, after an increase of 0.3% in December. On an annual basis, prices rose 2.4%, slightly less than […]
Sydney: Large stock indexes crawled higher in Asia on Monday as the income of cheerful companies died high ratings in the technology sector, while a crucial report on American inflation would probably determine the course of the dollar and bonds. Trade and geopolitics also loom with an American tar loveadline on China because of the […]