Page 83 - Latest Updates on Inflation
Wall Street drops as strong April inflation data fuels rate hike bets
US consumer prices jump more than expected in April; Electronic Arts gains on upbeat revenue forecast
 "Wall Street drops as strong April inflation data fuels rate hike bets")
US federal reserve says inflation temporary, but markets unsure
Federal Reserve officials have advised that any pickup in inflation this year was bound to be transitory. Traders in financial markets, however, aren't so sure.
 "US federal reserve says inflation temporary, but markets unsure")
Inflation woes push US stocks to 1-month low; dollar struggle
Investors bet that rising inflation could erode the currency's value
 "Inflation woes push US stocks to 1-month low; dollar struggle")
Wall Street closes lower as inflation fears prompt tech sell-off
Industrial and healthcare shares limited the Dow's decline but the blue-chip average reversed course late in the session to snap a three-day streak of record closing highs
Carry positions can hurt exchange rate and cause inflation, says SBI
This is particularly important for the Reserve Bank of India (RBI) as it works under an inflation-targeting regime
 "Carry positions can hurt exchange rate and cause inflation, says SBI")
Rupee gains under siege as coronavirus health crisis fuels lockdown fears
Prospect of stricter curbs is threatening to weaken the currency, which is among Asia's top three performers this month
 "Rupee gains under siege as coronavirus health crisis fuels lockdown fears")
Lockdowns worsen India's fiscal woes fueled by weak auctions
Localized lockdowns may result in a slowdown which may be met by fiscal expansion
 "Lockdowns worsen India's fiscal woes fueled by weak auctions")
Inflation remains a big worry ahead as country reels under Covid shock
Massive Urban spike foreseen, food price volatility may worsen as monsoon approaches; decade high wholesale inflation may put further pressure, but favourable base effect may have tempering effect
 "Inflation remains a big worry ahead as country reels under Covid shock")
RBI's renewed challenges
The second wave could increase risk for the banking system
 "RBI's renewed challenges")
Decoded: Why higher circulation of currency is normal in abnormal times
In a country like India, where inflation is a curse word, currency in circulation has to be curtailed to control inflation
 "Decoded: Why higher circulation of currency is normal in abnormal times")
Resurgence of pandemic may bring back inflation pressure, says RBI
Pandemic protocols, speedier vaccination, ramping up health care capacity, and remaining resolutely focused on a post pandemic future is the way forward, state-of-economy report says
 "Resurgence of pandemic may bring back inflation pressure, says RBI")
Bond fund investors must follow these 4 ways to beat inflation: Expert
For investors in bond funds, these strategies - better yields than inflation, reinvestment, barbell strategies, and credits - are where we see the best opportunities
 "Bond fund investors must follow these 4 ways to beat inflation: Expert")
Normal monsoon to boost stocks of agri-related companies, cool inflation
Agriculture activity, according to recent channel checks by Prabhudas Lilladher, is expected to continue at a strong pace in FY22
 "Normal monsoon to boost stocks of agri-related companies, cool inflation")
WPI inflation spikes to over 8-year high of 7.39% in March: Details here
The wholesale price-based inflation shot up to over 8-year high of 7.39 per cent in March on rising crude oil and metal prices
 "WPI inflation spikes to over 8-year high of 7.39% in March: Details here")
Ebit margin drop, BFSI boost: Analysts' expectation from Wipro's Q4 nos
Wipro shares, so far for the year, have risen 8.5 per cent as against a gain of 3.7 per cent in the NSE Nifty index during the same duration
 "Ebit margin drop, BFSI boost: Analysts' expectation from Wipro's Q4 nos")
Rising Covid-19 infections may hit RBI's inflation maths, say experts
Consumer price index (CPI)-based inflation rose to 5.52 per cent in March, from 5.03 per cent in February. Core inflation was at 5.7 per cent.
 "Rising Covid-19 infections may hit RBI's inflation maths, say experts")
Gold retreats on firm dollar, yields; United States inflation data eyed
A stronger dollar pressures gold as the metal becomes expensive for buyers outside the United States
 "Gold retreats on firm dollar, yields; United States inflation data eyed")
Nomura cuts India's 2021 GDP forecast to 11.5%; sees higher inflation
Nomura GDP forcast: Repricing of emerging market (EM) risk premium, Nomura said, could expose vulnerabilities in Indonesia, India and the Philippines
 "Nomura cuts India's 2021 GDP forecast to 11.5%; sees higher inflation")
FMCG revenue growth likely to accelerate on low base, healthy demand
Commodity inflation remains area of concern, say firms
 "FMCG revenue growth likely to accelerate on low base, healthy demand")
April monetary policy a fine balancing act
Structurally, it's a well-crafted policy. But like in cricket and politics, things can change dramatically for a central bank in a very short time
 "April monetary policy a fine balancing act")