Page 30 - Latest Updates on Inflation
Gold price ticks up as dollar slips, US inflation data in investors' focus
While gold is traditionally considered an inflation hedge, rate hikes translate into a higher opportunity cost for holding bullion, which pays no interest
 "Gold price ticks up as dollar slips, US inflation data in investors' focus")
Retail prices may continue to remain elevated even as wholesale prices ease
With wholesale prices galloping in double-digits since April last year, companies found themselves in a fix, raise prices too much and hurt a nascent recovery in demand or absorb costs and take a hit
 "Retail prices may continue to remain elevated even as wholesale prices ease")
S&P affirms State Bank of India's 'BBB-' rating on improving asset quality
The rating agency also affirmed the short-term issuer credit rating 'A-3' and maintained stable outlook for the rating
 "S&P affirms State Bank of India's 'BBB-' rating on improving asset quality")
Global recovery is sending flares as manufacturing takes a hit in Asia
All the attention devoted to inflation slaying is muting some disturbing signs on the growth side of the equation
 "Global recovery is sending flares as manufacturing takes a hit in Asia")
An $83 billion investor stampede shows scale of Europe's woes
Europe's woes have grown particularly acute in recent months as the region stares down the threat of a recession just as its central bank embarks on an aggressive campaign to tame inflation
 "An $83 billion investor stampede shows scale of Europe's woes")
Yellen says no strong labour market in long run if inflation stays high
"The Fed is going to need great skill and also some good luck to achieve what we sometimes call a soft landing," Yellen said Sunday in an interview on CNN's "State of the Union"
 "Yellen says no strong labour market in long run if inflation stays high")
Time-starved investors must stick to index funds
While Amit had stayed invested for a long time, avoided leverage, and shunned investment-cum-insurance policies, unplanned investments and mindless diversification had produced a disappointing outcome
Greek PM announces more measures to tackle energy crisis, inflation
Greek PM Kyriakos Mitsotakis has announced a package of measures including raising the minimum wage and pensions to further help households and businesses tackle the energy crisis and high inflation
 "Greek PM announces more measures to tackle energy crisis, inflation")
Stock mkt still in a bear phase; see bumpy road to recovery: Goldman Sachs
One of the three key reasons why a genuine bear market trough has not yet been reached, according to them, includes their belief that inflation and interest rates still have more room to rise
 "Stock mkt still in a bear phase; see bumpy road to recovery: Goldman Sachs")
Bank credit growth hits near nine-year high of 15.5%, shows RBI data
Achieving 20% growth going forward remains a challenge; deposits for week ended August 26 up 9.5%
 "Bank credit growth hits near nine-year high of 15.5%, shows RBI data")
Dollar set for weekly loss as traders eye more ECB hikes, US inflation data
Profit-taking after a sharp extension of the dollar's long rally also took hold and the pullback was broad
 "Dollar set for weekly loss as traders eye more ECB hikes, US inflation data")
China's consumer inflation moderates in Aug as lockdowns suppress spending
The consumer price index rose 2.5% from a year earlier, the National Bureau of Statistics said Friday, down from 2.7% gain in July
 "China's consumer inflation moderates in Aug as lockdowns suppress spending")
Need to boost investor confidence for sustainable, transformative growth
India needs to show investors not only that they can achieve decent returns in the country but that their money is safe here
 "Need to boost investor confidence for sustainable, transformative growth")
ECB raises rates by unprecedented 75 bps to tame runaway inflation
The ECB lifted its deposit rate to 0.75% from zero and raised the main refinancing rate to 1.25%, their highest level since 2011
 "ECB raises rates by unprecedented 75 bps to tame runaway inflation")
Bonds, rupee strengthen as crude oil prices fall below $90 a barrel
Hope of global index inclusion drags down bond yields, FPI flows bolster rupee
 "Bonds, rupee strengthen as crude oil prices fall below $90 a barrel")
Managing inflation can't just be left to RBI: FM Nirmala Sitharaman
'Monetary and fiscal policies have to work in tandem; importing Russian oil part of inflation management'
 "Managing inflation can't just be left to RBI: FM Nirmala Sitharaman")
Coal price hike remains difficult for CIL: Chairman tells analysts
Coal India expects to achieve production levels of above 900 million tonne by 2024-25
 "Coal price hike remains difficult for CIL: Chairman tells analysts")
Germany heading for recession, warns Deutsche Bank CEO Christian Sewing
"The longer inflation remains high, the greater the strain and the higher the potential for social conflict," Sewing said.
 "Germany heading for recession, warns Deutsche Bank CEO Christian Sewing")
Apollo Tyres' stock racing ahead on improving outlook, growth in EU
While volumes are rising, there are interesting structural changes taking place in the sector
 "Apollo Tyres' stock racing ahead on improving outlook, growth in EU")
Job creation, wealth distribution priority over inflation: FM Sitharaman
The finance minister said if India and the United States joined efforts in growing their respective economies, they might be the engines of global growth within the next two decades
