The EUR/JPY pair falls to near 162.80 in Thursday’s European session after its second failed attempt to break above the September high of 163.50.

Overall metric picked up on rises in food and housing costs.

NEW YORK :Global stocks slipped for the first time in three sessions while shorter-dated U.S. Treasury yields dipped as slightly higher than expected U.S. inflation data and a jump in weekly jobless claims did not diminish expectations the Fed will cut rates in November. U.S. consumer prices rose (CPI) sligh

EUR/USD prints a fresh two-month low near 1.0900 in Thursday’s North American session.

The Pound Sterling (GBP) falls to near the monthly low of 1.3000 against the US Dollar (USD) in Thursday’s North American session.

The US consumer price index rose by more than expected in September, according to the Bureau of Labor Statistics.

After American workers lost thousands in buying power coming out of the pandemic, new data shows wages are starting to outpace inflation.

US consumer inflation cooled slightly less than expected last month, according to government data published Thursday, providing further evidence that price pressures are easing ahead of November's presidential election.

Indexes dipped Thursday as investors took in hotter-than-expected inflation data.Jobless claims, meanwhile, climbed 33,000 to 258,000, its highest in over

The central bank projects consumer price growth to reach 3.6% in the final quarter of this year, with an average rate of 4% expected in 2025.

US consumer inflation cooled slightly less than expected last month, according to government data published Thursday, providing further evidence that price pressures are easing ahead of November's presidential election.

Prices for consumer goods and services as measured by the Consumer Price Index (CPI) increased faster than expected in September, hurting household budgets and dealing a setback to the Federal Reserve's battle against inflation.

Excluding volatile food and energy costs, "core" prices, a gauge of underlying inflation, remained elevated in September, driven higher by rising costs for medical care, clothing, auto insurance and airline fares

Oct. 10 (UPI) -- Consumer prices saw their smallest annual hike in more than three years in September but spooked markets as the monthly increase was greater than analysts expected, according to a Thursday report from the Bureau of Labor Statistics.

Core inflation unexpectedly accelerated in September. | Economy

Inflation in the United States dropped last month to its lowest point since it first began surging more than three years ago.

U.S. Treasury yields were steady Thursday as investors assessed fresh inflation and jobless claims data.

A drop in energy prices has resulted in a significant fall in inflation which declined from 1.7% in the 12 months to August to 0.7% in September - the lowest level since March 2021.

For now, apex bank maintains status quo on repo at 6.5% for 10th time in a row; Firm on 7.2% growth this fiscal

The Consumer Price Index has been gradually easing, a trend that is expected to persist in September data.

The Bureau of Labor Statistics (BLS) will publish the highly anticipated Consumer Price Index (CPI) inflation data from the United States (US) for September on Thursday at 12:30 GMT.

The Fed’s move to loosen the brakes on monetary policy got more complicated Thursday.

(Bloomberg) — Norway’s core inflation rate extended its declining streak to almost a year, likely supporting bets that the country’s central bank will cut interest rates before the end of the year.

(Bloomberg) — Gold snapped a sixth-day decline as traders mulled the size of the Federal Reserve’s interest-rate cuts for the rest of the year following mixed inflation and labor data in the US.  

U.S. inflation last month likely reached its lowest point since February 2021, clearing the way for another Federal Reserve rate cut and adding to the stream of encouraging economic data that has emerged in the final weeks of the presidential...

The Reserve Bank of New Zealand (RBNZ) has cut the official cash rate by 0.5 basis points, bringing it down to 4.75 percent. This is the second consecutive rate cut, signalling an improvement in economic conditions and a return of inflation to the RBNZ's target range. While official inflation figures will be released next week, early signs indicate that price pressures are beginning to ease.

(Bloomberg) — The Bank of Korea is widely expected to cut its benchmark interest rate on signs housing markets are cooling and after inflation eased below its target, joining an increasing number of global peers in starting an easing cycle to safeguard economic momentum.

(Bloomberg) — Egyptian inflation quickened slightly for a second month on a sharp hike in energy costs, potentially pushing back the timing of the North African nation’s first interest-rate cut since 2020.

New Zealand's central bank has cut interest rates by 50 basis points in an effort to steady inflation and gave indications that more easing could follow, but stopped short of providing official guidance.

As expected, the Reserve Bank of New Zealand (RBNZ) increased its pace of interest rate cuts this morning, this time lowering its benchmark interest rate by 50 basis points to 4.75 percent, following the surprise initial cut of 25 basis points in August, Commerzbank’s FX analyst Michael Pfister notes.

The RBNZ slashed rates from 5.25% to 4.75% on Wednesday, marking its second straight cut to its interest rate since August.

The Reserve Bank of New Zealand (RBNZ) decided to reduce the official cash rate (OCR) by 50 bps to 4.75%.

This afternoon, European time, the Mexican inflation figures for September will be released, Commerzbank’s FX analyst Michael Pfister notes.

Mumbai: The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) meeting on Wednesday decided to keep the interest rate unchanged at 6.5%. The six-member MPC began its three-day bi-monthly meeting on October 7. Today’s meeting started with RBI Governor Shaktikanta Das announcing the MPC policy decisions.   The MPC kept the repo rate unchanged at […]

RBI MPC meeting: The committee led by Governor Shaktikanta Das decided to keep interest rates unchanged and shifted its policy stance from 'withdrawal of accommodation' to 'neutral'.

Mumbai, Oct 9: The Reserve Bank of India on Wednesday decided to keep the policy rate unchanged for the tenth time in a row but changed its stance to

The Reserve Bank of India (RBI) has kept the benchmark repo rate unchanged at 6.5% for the 10th consecutive time, maintaining its focus on inflation control while balancing economic growth.

The RBI on Wednesday kept the key policy repo rate unchanged at 6.5 per cent for a tenth consecutive meeting.

The Reserve Bank of India (RBI) governor Shaktikanta Das announced that the Monetary Policy Commitee (MPC) decided to keep the policy repo rate unchanged

The 50 basis-point cut means the OCR is now at its lowest level since March 2023.

(Bloomberg) — Economists anticipate that key measures of inflation decelerated in September, in spite of price pressures in some categories of goods including used cars.