Page 5 - Inflation Rise

Global stocks follow Wall Street higher after rebound

Global stocks and Wall Street futures rose Wednesday as investors waited for US inflation data for signs of how fast the Federal Reserve might pull back stimulus. London and Frankfurt opened higher. Shanghai, Tokyo and Hong Kong advanced. US inflation data on Thursday are expected to show inflation rose to a four-decade high of 7.3 per cent in January, adding to pressure to control prices. Traders expect the Fed to hike rates at least four times this year, starting next month. Wall Street's rebound "suggests an attempt by the equity bulls to regain some control," Yeap Jun Rong of IG said in a report. Much will depend on the upcoming US inflation data to ease some concerns about tightening ahead. In early trading, the FTSE 100 in London rose 0.6 per cent to 7,612.25 and the DAX in Frankfurt added 0.7 per cent to 15,359.40. The CAC 40 in Paris advanced 0.9 per cent to 7,095.45. On Wall Street, the future for the benchmark S&P 500 index was up 0.3 per cent. That for the Dow Jones ...

Gold gains as inflation worries outweigh higher yields

'The largest component of inflation currently, beyond the supply chain issues, is oil prices. And this is a problem no matter how high you move interest rates,'

Terms of trade go against farmers in FY22 after a gap of two years

Simply put, farmers are paying a higher price for their agri inputs and for services such as health and education, as compared to the price they receive on the sale of their produce

Omicron may be uncertain, but inflation is a sure thing for economies

Omicron raises questions about the strength of demand in the event lockdowns are renewed and people have to wait for a whole new vaccine.

European Union ministers discuss surge in inflation, energy prices

Dombrovskis said there were several developments that risked hampering the recovery. One of these was inflation, which stood at 4.1 per cent in October in the eurozone.

RBI to overlook higher inflation, remain dovish in August review: Report

The Reserve Bank-led monetary policy panel is scheduled to announce the third monetary policy review on August 6

Inflation risk going forward? Even a top economist says it's complicated

Two months of sharply rising prices have raised concerns that record-high government financial aid and the Federal Reserve's ultra-low interest rate policies have elevated the risk of inflation

India's sovereign bond yields may stretch to April 2020 high, says expert

India's move toward higher bond yields and interest rates will be another milestone in the recovery of global financial markets from the ravages of the coronavirus.

High commodity prices may not dent Nifty FY22 earnings much: Report

The adverse impact on the margins of Auto, Consumer Staples and Consumer Durables sectors will be counterbalanced by an earnings uptick in the Metals, Cement and Oil & Gas sectors, MOSL analysts belie

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

Sudan's central bank devalues currency to revive struggling economy

This threatens to pile on more hardship in a country whose inflation rate topped 300% in January

RBI MPC starts meeting to decide new rates amid slowdown, rising inflation

The retail inflation that for several months remained in the comfort zone of the central bank has started inching up and crossed the 7 per cent mark during December 2019

Rich-world problem of low inflation has arrived in emerging markets

Central banks have responded like their developed-country peers: by lowering interest rates. They have more room to keep going -- but they also face more obstacles on the way down

Onion prices are fueling inflation in India but RBI may still ignore it

While policy makers will assess the accompanying food-price data, it may not be compelling enough to hold their attention

India's retail inflation may have breached RBI's comfort level of 4% in Oct

Prices of most vegetables climbed during the month as monsoon downpours delayed harvests and disrupted supplies.

Inflation seen inching up in March, but still below RBI target: Poll

If the forecast is realized, March will be the eighth month in a row with below-target inflation, giving the RBI room to squeeze in another rate cut this year

Oil surge may harden RBI outlook as inflation accelerates to 17-month high

According to the Statistics Ministry, consumer prices rose 5.21 per cent in December from a year earlier

Retail inflation likely to hit 17-month high of 5.1% in December: Poll

The December inflation data is due to be released on Friday

Inflation expected to rise, RBI unlikely to change interest rates: Poll

The Reuters latest survey found 52 of 54 economists expected the RBI to hold the repo rate at 6.0 percent on Dec 6