MAS chief Chia Der Jiun on crypto, AI and battling inflation
AS THE central bank of a leading global financial powerhouse, the Monetary Authority of Singapore’s (MAS) policy decisions can have a wide-ranging impact on the global economy and…
Tag
Inflation
Americans say Santa will be less generous this year
What's New Sixty-eight percent of Americans said that Santa will be less generous this Christmas because of economic pressure, according to a WalletHub survey. Not only are the 210 people…
Asia: Markets track Wall Street rally as US inflation eases rate worries
ASIAN markets rose on Monday (Dec 23)after big gains on Wall Street, with traders welcoming below-forecast US inflation data that tempered worries that the Federal Reserve will take a more…
Tokyo inflation likely accelerated on suspended energy subsidies: Reuters poll
TOKYO (Reuters) - Consumer inflation in Tokyo likely accelerated in December on higher food costs and after the government's suspension of its gas and electricity subsidies, a Reuters poll…
Column: The U.S. economy is doing very well. But don't give too much credit to Biden — or Trump
One of Donald Trump’s closing campaign arguments was that he would deliver a new “golden age” for America. This week, he announced that this Trump-powered golden age has already begun.…
Social Security is changing in 2025. Here's how it might affect you
Social Security forms the bedrock of income for millions of retirees, survivors and disabled people across the United States. As the New Year quickly approaches, some notable changes will…
Japan Nov inflation likely accelerated, exports up on weak yen: Reuters poll
TOKYO (Reuters) - Japan's core consumer price inflation probably accelerated in November, driven by persistently high rice prices and the phasing out of utility subsidies, a Reuters poll…
Inflation has ticked up in November
By Michael D. Carroll Breaking News Editor ✓ Link copied to clipboard! Driven by higher costs for used cars, hotel stays, and auto insurance, inflation in the United States edged up…
Gold hits two-week high with spotlight on US inflation data
GOLD prices nudged higher to touch a two-week peak on Wednesday (Dec 11), supported by escalating geopolitical tensions and expectations of another rate cut by the Federal Reserve next…
Gold hovers near two-week peak as focus shifts to US inflation data
GOLD prices remained mostly unchanged on Tuesday (Dec 3), staying near a two-week high hit in the previous session, as investors awaited key US inflation data, due later this week, for…
Gold inches higher as traders await US inflation print
GOLD prices inched higher on Monday (Dec 9) as investors awaited US inflation data, set for release this week, for insights into the Federal Reserve’s monetary policy. Spot gold was up 0.1…
DBS sees risk assets in ‘sweet spot’ as inflation moderates and rate cuts loom
THE current economic environment is in a “sweet spot” for risk assets, said DBS senior investment strategist Daryl Ho, citing moderating inflation and the potential for gradual interest…
Mom zooms in on 2019 photos at grocery stores, can't believe what she sees
A mom-of-three from Pennsylvania was left stunned after comparing the grocery prices from a series of photos dating back to 2019 with the cost of the same food items today. There has been…
German inflation rises again in November, to 2.2%
A woman holds money in her hand over of a full shopping basket of groceries. Germany's inflation rate rose for the second consecutive month in November, climbing 2.2% above the level of…
Australia central bank says inflation too high for near-term rate cut
AUSTRALIA’S top central banker said on Thursday (Nov 28) that core inflation was too high to allow for rate cuts in the near term, all but ruling out relief for borrowers at its next…
Gold prices barely move ahead of US inflation data
GOLD was little changed on Wednesday (Nov 27), as investors awaited US inflation data for clues on the scale of a possible Federal Reserve rate cut next month. Spot gold was flat at…
How do tariffs work and will Trump's plan cause inflation?
President-elect Donald Trump has said he will impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office. During his 2024 presidential campaign, Trump pledged to…
Shoppers struggling with inflation being "selective" ahead of Black Friday
Shoppers are still struggling with inflation going into this holiday season, remaining "selective," as investment bank Morgan Stanley puts it, in what they buy ahead of Black Friday. While…
Tokyo inflation likely exceeded BOJ's 2% target again in November - Reuters poll
TOKYO (Reuters) - Consumer inflation in Tokyo for November likely surpassed the Bank of Japan's 2% price target following a reduction in fuel subsidies and with an increase in food costs,…
US dollar pulls back from six-month peak after US inflation data
THE US dollar pulled back from a 6½-month high against major currencies on Wednesday (Nov 13) after data showed US inflation for October increased in line with expectations, suggesting the…
As Argentina's inflation rate cools, consumers still feel squeezed
BUENOS AIRES (Reuters) - Argentine President Javier Milei's dramatic austerity agenda has helped lower inflation, but the slowdown has come at the cost of consumption in a battered economy…
Thai inflation stays below central bank target for fifth month
THAILAND’S inflation stayed below the central bank’s target for a fifth straight month, building pressure on the monetary authority to continue with rate cuts to boost price gains and the…
Japan's rising minimum wage likely to push up inflation, BOJ says
By Leika Kihara TOKYO (Reuters) -Japan's rising minimum wage is likely to push up inflation mainly through higher services prices, the central bank said on Friday, signalling confidence…
Tokyo inflation likely to miss BOJ target for first time in five months: Reuters poll
By Kantaro Komiya TOKYO (Reuters) - Consumer inflation in Tokyo for October likely undershot the central bank's price target for the first time in five months, a Reuters poll showed on…