Tag: prices
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‘WarshGPT’: How Wall Street is adapting to the Fed’s new era of communication
Investment firms are readying for an era with less public commentary from the U.S. central bank. Some are relying on AI for an edge.
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If you bill it, they will come: FIFA wins battle for fans’ wallets in pricey World Cup
NEW YORK, July 18 : Sunday’s final caps a World Cup where fans were willing to shell out more than ever for a seat at the quadrennial showpiece, as ticket buyers confounded even the greatest cynics in the face of sky-high prices.In the match at New York New Jersey Stadium – widely billed as the…
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US import prices unexpectedly rise in June
WASHINGTON, July 17 : U.S. import prices unexpectedly rose in June as declines in the costs of food and energy products were more than offset by higher prices for capital and consumer goods, leading to the largest annual increase in imported inflation in nearly four years.Import prices increased 0.3 per cent
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Import prices post surprise gain as costs of goods from China hit highest since 2008
Import prices were up 0.3% for the month, as a drop in energy was more than offset by increases elsewhere.
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Will gold prices extend their record-breaking run?
Predictions suggest the price of the precious metal will keep hitting new record highs as investors seek a safe bet in turbulent times. Some forecasts say prices could double within five years.
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Japan June core inflation seen at 1.6% on elevated energy prices: Reuters poll
TOKYO, July 17 : Japan’s core consumer inflation probably picked up in June from the previous month due to elevated energy prices, as well as technical factors including revisions to medical service fees, a Reuters poll showed on Friday.With price pressures from the Middle East conflict not expected to abate
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Dallas Fed President Logan calls for ‘modestly’ higher interest rates
The policymaker said this week’s good inflation news wasn’t good enough.
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Banking Committee’s Sen. Rounds liked Warsh’s ‘tone’ in first testimony as Fed chairman
Federal Reserve Chair Kevin Warsh was on Capitol Hill for two days of testimony this week.
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Chipmakers chip away at stocks, oil hovers at $85
LONDON, July 16 : European stocks and Wall Street futures edged lower on Thursday following more tech troubles in Asia, while benign U.S. inflation data helped keep the dollar and government bond yields under control and the Iran war propped up oil prices.Stellar results from Taiwanese chip giant TSMC could n
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Japan household inflation expectations rise, build case for BOJ rate hikes
TOKYO, July 16 : Japanese households’ inflation expectations crept up and the ratio of those expecting prices to rise a year from now hit a record high, a quarterly central bank survey showed on Thursday, bolstering the case for further interest rate hikes.The survey, which followed a separate poll showing co
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