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US consumer inflation accelerates to 3.5% in March, dashing hopes of a rate cut

Federal Reserve may be wary of an early interest rate after spike in inflation figures

Gas prices are seen at a gas station in Riverwoods, Ill., Monday, April 1, 2024. On Wednesday, April 10, 2024, the Labor Department issues its report on inflation at the consumer level in March. (AP Photo/Nam Y. Huh)(AP)
Published on Apr 10, 2024 06:32 PM IST
AFP |

Both dovish and hawkish

RBI has maintained its stance on policy rate citing food inflation. But tying policy to food prices may force economy to sacrifice growth

The current growth momentum of the economy has given some policy buffer to RBI in keeping interest rates high and (potentially) erring on the side of caution.(PTI Photo)
Published on Apr 05, 2024 11:49 PM IST
ByHT Editorial

What do rising gas prices mean for the future of US inflation?

Surging gasoline prices and potential impacts on US inflation take center stage.

Will February’s gas price surge propel US inflation even higher?(AP Photo/David Zalubowski, File)(AP)
Published on Mar 12, 2024 11:15 AM IST

US consumer inflation falls to 3.1pc in January, but less than expected

The closely watched CPI rose 3.1 percent from a year ago last month, down from 3.4 percent in December, the US Department of Labor said on Tuesday

U.S. President Joe Biden (REUTERS)
Published on Feb 13, 2024 10:55 PM IST
AFP |

India’s FY24 economic outlook bright, strong but global headwinds remain: FinMin

While domestic macro fundamentals are strong and improving, downside risks arise from global headwinds and uncertainties in weather conditions

Union ministry of finance. (File photo/Mint.)
Published on Oct 23, 2023 07:15 PM IST
ByRajeev Jayaswal
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