👆 WPI #inflation dropped.
Data better than expected.
Data better than expected.
Reliance Group, Tata Group, Aditya Birla Group, Adani Group and Bharti Telecom are not allowing #inflation in India to ease.
Ex-RBI Deputy Governor has alleged that 'Big 5' conglomerates are contributing to elevated inflation and should be broken up.
Ex-RBI Deputy Governor has alleged that 'Big 5' conglomerates are contributing to elevated inflation and should be broken up.
Skymet says India likely to get 'below normal' #monsoon rains in 2023.
In some states unseasonal rain has already ruined the crops.
#inflation may remain high.
In some states unseasonal rain has already ruined the crops.
#inflation may remain high.
US retail #inflation rise moderately in March as the cost of gasoline declined, but underlying inflation still hot, ensuring #FederalReserve will raise interest rates again.
By #Reuters
#CPI #ratehike #StockMarket
By #Reuters
#CPI #ratehike #StockMarket
Hawkish comments.
#Fed’s President James Bullard reiterated that interest rates will need to continue to rise as progress on #inflation is not much clear.
#Fed’s President James Bullard reiterated that interest rates will need to continue to rise as progress on #inflation is not much clear.
US #stockmarkets fell after negative #JOLT jobs data and Increased #inflation in Europe.
#BankingCrisis and fear of #ratehike from #FederalBank impacted negatively.
#BankingCrisis and fear of #ratehike from #FederalBank impacted negatively.
US #CPI rose 0.4% in April after gaining 0.1% in March.
Higher interest rates may remain high.
#cpidata #inflation #ratehikes
Higher interest rates may remain high.
#cpidata #inflation #ratehikes