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File photo-Fed Chair Powell The US Federal Reserve on Wednesday left interest rates unchanged, holding its benchmark lending rate at 3.5% to 3.75%.The decision was not unanimous. Governors Christopher Waller and Stephen Miran dissented, favouring a quarter-point rate cut. The decision comes after the central bank cut rates at three consecutive meetings late last year….
The US Federal Reserve’s preferred inflation measure remained elevated in November, reinforcing expectations that policymakers are likely to pause further interest rate cuts as they assess the impact of earlier easing and new trade-related pressures.Data released by the US Department of Commerce on Thursday showed that the personal consumption expenditures (PCE) price index rose 2.8%…
US retail sales rose a better-than-expected 0.6% in November as holiday shopping gathered momentum, following a revised 0.1% decline in October, according to data released by the Commerce Department. The report was delayed by more than a month due to the 43-day federal government shutdown, AP reported.Retail sales had edged up 0.1% in September, after…
Wholesale prices increased in December, with inflation measured by the Wholesale Price Index (WPI) rising to 0.83%. This marks the second consecutive month of upward movement after two months of deflation, official data released on Wednesday showed. The return to positive inflation came after wholesale prices contracted in October and November, when WPI inflation stood…
NEW DELHI: Retail inflation inched up to a three-month high in Dec, led by narrowing deflation in some food prices and fading favourable base effect, but remained below the Reserve Bank of India’s (RBI) tolerance level for the fourth month in a row.Data released by the National Statistics Office (NSO) on Monday showed retail inflation,…
December 2025 CPI inflation: The Consumer Price Index (CPI) inflation for the month of December 2025 rose to 1.33% compared to the same month in 2024. This is a rise of 62 basis points from November 2025, and the figure stands at a 3-month high. RBI has an inflation target of 4% with a 2%…
Indian equity markets are set for an event-heavy week ahead, with investors closely tracking the onset of the December quarter earnings season, key domestic and global inflation data, and developments on the global macro and geopolitical front, analysts said, PTI reported.Quarterly results from several heavyweight companies across information technology, banking, financial services and energy sectors,…
In early December 2025, the Indian rupee reached a key milestone when it surpassed Rs 90 per dollar for the first time. The rupee had been falling steadily throughout the year, as foreign investors sold off Indian stocks and US tariffs made Indian exports less competitive.However, on December 5, 2025, Reserve Bank of India Governor…
MUMBAI: After months of sluggishness, demand recovery is in sight for consumer goods companies, partly helped by GST cuts which drove down prices of a host of household essentials and left more money in the hands of shoppers. There have been some initial signs of revival on the ground already, firms said in their recent…
ISTANBUL: Turkey’s annual inflation slowed in December to 30.9 percent, a fourth straight month of declines and well below the 44.4 percent posted a year earlier, official figures showed Monday.The 12-month annual average for 2025 as a whole stood at 34.9 percent, down from 58.5 percent in 2024, Turkey’s TUIK statistics agency said.The figure was…
