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Breadcrumb Trail LinksPMN BusinessUS consumer prices probably rose in February at a pace that illustrates plodding progress on inflation for Federal Reserve officials content to remain on the sidelines as they assess a policy whirlwind from…

Breadcrumb Trail LinksPMN BusinessUS inflation showed scant signs of downward momentum at the start of the year, while healthy job growth undergirded the economy, backing the Federal Reserve’s stance to hold the line on interest rates for…

Data from the Australian Bureau of Statistics (ABS) showed consumer price increases slowing from 1.0% to 0.2% in the third quarter of 2024 versus market expectations for a reading of 0.3%.On an annual basis, The CPI for the third…

It's a mixed bag of consumer price data, with annual inflation continuing to slow in September, hitting a three-year low, although the report was slightly hotter than expected.The Consumer Price Index (CPI) — a broad measure of the cost of…

Most Asian currencies moved in a flat-to-low range on Thursday, while the dollar strengthened after a strong reading on U.S. consumer inflation dashed hopes that the Federal Reserve would cut interest rates by a large margin. Weak inflation…

Most Asian currencies fell on Wednesday as the dollar clawed back more recent losses, while the Australian dollar was an outlier as firm inflation data bolstered the case for a hawkish Federal Reserve. However, the US dollar’s ​​recovery…

Data from the Australian Bureau of Statistics showed that inflation in Australia rose by 3.5% YoY in Julyslower than the 3.8% increase in June and the lowest since March but higher than the 3.4% rise markets had expected.One reason for…

Most Asian shares fell on Wednesday as technology-based indexes fell ahead of earnings from market darling Nvidia, while Australian shares fell on weak inflation data. Ongoing concerns about China also kept sentiment towards Asia on edge,…

Eurozone core inflation fell to 2.5% year-on-year in June from 2.6% year-on-year, data from Eurostat, the European Union's statistics agency, showed.Core inflation, which excludes volatile items such as energy, food, alcohol and…

Investing.com -- The Reserve Bank of Australia is widely expected to keep interest rates steady on Tuesday, although investors were cautious about the bank taking a hawkish stance amid signs of steady inflation.The Reserve Bank of Australia…