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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

Japan’s Inflation Tops Forecasts, Supporting BOJ Rate Hike Bets

Japan’s benchmark inflation topped estimates in January, supporting the case for the central bank to scrap its negative interest rate in the coming months.

HT Image
Published on Feb 27, 2024 08:49 AM IST
Bloomberg |

US Fed Reserve keeps interest rates unchanged for fourth time in a row

The Fed confirmed in a statement that it was holding its benchmark lending rate steady at its 23-year high, between 5.25 and 5.50 percent.

Jerome Powell, chairman of the US Federal Reserve.(Bloomberg)
Published on Feb 01, 2024 04:19 AM IST
AFP |

US Fed key meet: All eyes on Powell's comments amid 2024 rate cut expectations

The US Federal Reserve will announce its monetary policy decision on Wednesday. Chair Jerome Powell will provide updates on the outlook of the Central bank.

The Fed's decision on rate increase will be announced by the Chair of Federal Reserve, Jerome Powell(AP)
Updated on Jan 31, 2024 03:08 PM IST
ByShweta Kukreti

Affordability to buy home to rise to a 3-year high in 2024: Report

Kolkata, Pune and Hyderabad to be most affordable in 2023 and 2024, according to a report titled JLL Home Purchase Affordability Index

The affordability for home purchases is expected to improve for the better in 2024, basis the expectation of a 60-80 bps repo rate cut during the year, says JLL’s report on the Home Purchase Affordability Index (HPAI).(Pexels)
Updated on Dec 11, 2023 07:07 AM IST
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