Inflation Figures/Price Indices – Page 3

Inflation Cooled Slightly as Underlying Pressures Remained Stubbornly High

12Dec

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World

Inflation Cooled Slightly as Underlying Pressures Remained Stubbornly High

Updated Dec. 12, 2023 9:07 am ETInflation held nearly steady in November, as cost declines for gasoline and long-lasting goods mostly offset price increases for housing, transportation and some other services.The consumer-price index rose 3.1% in November from a year earlier, a slight slowdown from 3.2% in October, the Labor Department said Tuesday. Prices were up 0.1% from the prior month after holding steady in October.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Stocks Edge Higher Ahead of Inflation Data, Fed Meeting

12Dec

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World

Stocks Edge Higher Ahead of Inflation Data, Fed Meeting

Gains across a swath of stocks on Monday offset declines in big technology shares, keeping major indexes steady ahead of coming inflation data.Monday extended a recent trend: Since a lower-than-expected inflation reading last month, investors have piled into the stocks of moderately sized companies, while cooling on the giant tech firms that had previously driven this year’s rally.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

11Dec

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Money

Stocks Edge Higher Ahead of Inflation Data, Fed Meeting

Gains across a swath of stocks on Monday offset declines in big technology shares, keeping major indexes steady ahead of coming inflation data.Monday extended a recent trend: Since a lower-than-expected inflation reading last month, investors have piled into the stocks of moderately sized companies, while cooling on the giant tech firms that had previously driven this year’s rally.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

11Dec

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World

China Can’t Shake Deflation – WSJ

SINGAPORE—Consumer prices in China fell for the second straight month, a deepening bout of deflation that shows Beijing’s efforts to reignite faltering growth are falling short.China’s top leaders telegraphed Friday that more support is coming for the economy, with pledges of new fiscal stimulus and supportive central-bank policy in the months ahead.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

The Most Important Debate on Wall Street: Is Inflation Licked?

9Dec

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Money

The Most Important Debate on Wall Street: Is Inflation Licked?

Most of Wall Street thinks inflation has been conquered. There is a lot at stake if they are wrong.Encouraging inflation data recently propelled a big rally across markets, with a traditional portfolio of stocks and bonds last month delivering one of its best returns of the past 30 years.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

The Fed Can’t Put Off Preparing for Rate Cuts

9Dec

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World

The Fed Can’t Put Off Preparing for Rate Cuts

As the economy slows down toward its speed limit, it might be time to start thinking about easing up on the brake. That doesn’t mean the driver has to inform the passengers.Friday’s employment report showed that the economy added a seasonally adjusted 199,000 jobs last month, a move up driven in part by the end of the auto strikes, from October’s gain of 150,000 jobs. The unemployment rate slipped to 3.7% from 3.9%, and would have fallen even more if not for the entry of more people into the labor pool. Average hourly earnings were up 4% from a year earlier which, coming alongside cooling inflation, shows that workers’ buying power increased.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

9Dec

By adminNo Comments

Money

The Fed Can’t Put Off Preparing for Rate Cuts

As the economy slows down toward its speed limit, it might be time to start thinking about easing up on the brake. That doesn’t mean the driver has to inform the passengers.Friday’s employment report showed that the economy added a seasonally adjusted 199,000 jobs last month, a move up driven in part by the end of the auto strikes, from October’s gain of 150,000 jobs. The unemployment rate slipped to 3.7% from 3.9%, and would have fallen even more if not for the entry of more people into the labor pool. Average hourly earnings were up 4% from a year earlier which, coming alongside cooling inflation, shows that workers’ buying power increased.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

9Dec

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World

China Can’t Shake Deflation – WSJ

SINGAPORE—Consumer prices in China fell for the second straight month, a deepening bout of deflation that shows Beijing’s efforts to reignite faltering growth are falling short.China’s top leaders telegraphed Friday that more support is coming for the economy, with pledges of new fiscal stimulus and supportive central-bank policy in the months ahead.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

India Central Bank Stands Pat as Higher Inflation Looms

8Dec

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World

India Central Bank Stands Pat as Higher Inflation Looms

Updated Dec. 8, 2023 12:41 am ET|WSJ ProIndia’s central bank kept its policy rate unchanged as expected, saying economic activity is strong but that volatile food prices could soon raise inflation in the world’s most populous nation.Reserve Bank of India Gov. Shaktikanta Das said Friday that the bank’s monetary-policy committee had decided to keep its policy repo rate at 6.50%, its fifth straight hold. All 10 analysts surveyed by The Wall Street Journal had predicted that the central bank would stand pat.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Outsize Profits Helped Drive Inflation. Now Consumers Are Pushing Back.

2Dec

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World

Outsize Profits Helped Drive Inflation. Now Consumers Are Pushing Back.

Extraordinary corporate profits were a driving force in last year’s surge in inflation, a pressure that is now easing rapidly as customers push back. Across industries and regions, there are signs that the price rises that allowed some businesses to make outsize profits during the Covid-19 pandemic—even when they were selling fewer goods—are coming to an end. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8