inflation | DD News

May 28, 2024 10:40 PM

Global equity index dips while yields fall; investors await inflation prints

A global equities index fell slightly on Tuesday while Treasury yields rose as investors awaited inflation data due later in the week for potential clues about the outlook for U.S. interest rates. U.S. Treasury yields turned positive after the latest crop of U.S. economic data. U.S. consumer confidence unexpectedly improved in May amid optimism about the labor market after deteriorating for three consecutive months, a survey showed. Earlier data showed U.S. house price growth slowed sharply in ...

May 27, 2024 7:14 PM

Shares nudge higher as US, EU inflation data loom

World shares firmed on Monday as investors braced for a busy run of inflation data that could set the scene for a European rate cut as soon as next week and a U.S. policy easing within just a few months. Holidays in Britain and the United States made for thin trading ahead of Friday's figures on core personal consumption expenditures (PCE), the Federal Reserve's preferred measure of inflation. MSCI's broadest index of stocks gained 0.2%, having slipped 0.38% last week and just shy of an all ti...

May 22, 2024 3:07 PM

Global stocks slip on inflation jitters

Share markets fell on Wednesday as stronger-than-expected inflation in Britain offset investor hopes that AI-heavyweight Nvidia could meet sky-high expectations, with the market also waiting for possible clues on when the U.S. Federal Reserve will begin to bring down interest rates. European stocks dipped 0.3% in early trading, after earlier being poised for slim gains. Britain's FTSE 100 led losses among regional markets with an 0.6% drop. Inflation in Britain fell by less than expected in Ap...

May 6, 2024 11:25 AM

In Bangladesh inflation snatches people’s purchasing power: Dr. Debapriya Bhattacharya

In Bangladesh, the purchasing power of marginal, middle class and lower middle class has decreased due to the direct impact of double-digit inflation, said Dr. Debapriya Bhattacharya, a distinguished fellow of the Centre for Policy Dialogue (CPD). Dr Bhattacharya made this statement on the occasion of unveiling a survey report titled "New Government, National Budget and Citizen's Aspirations" held on Sunday in Dhaka. Addressing the media on the occasion Dr Debpriya said "the inflation situatio...