Browsing: Inflation

Inflation could remain high this year despite improved economic outlook and easing recessionary concerns, Goldman Sachs CEO and Chairman David Solomon said.

NEW YORK – The U.S. dollar inched lower on Friday, after data showed inflation rose modestly in December but was trending lower, which should keep the Federal Reserve on track to cut interest rates by the middle of the year.

The European Central Bank is expected to stand pat Thursday and call for patience in the ongoing battle against inflation, pushing back against market hopes of rapid interest rate cuts.

LONDON: Oil prices gained on Friday, after minutes from a Federal Reserve meeting suggested inflation was under control and US Secretary of State Antony Blinken prepared to visit the Middle East to try and prevent the Israel-Gaza conflict from widening, according to Reuters.

Efforts include the National Investment Strategy, the regional headquarters program, and tax incentives

India’s economy will sustain growth momentum quarter on quarter after it beat expectations in July-September, and inflation is on the decline despite temporary food shocks, the government said on Friday in its monthly economic report.

Inflation, as measured by the personal consumption expenditures (PCE) price index, fell 0.1% last month after being unchanged in October

The dollar index was last down 0.08% at 101.7, after dipping as low as 101.42, its lowest since late July

Inflation, driven by food prices, would stand on average at 6.1% this year, down from 6.6% last year Morocco’s central…

Inflation was 8.6% in October, 9% in September and 9.3 in August Tunisia’s annual inflation rate slowed for the third…