Page 24 - Latest Updates on Inflation
Monetary policy highlights: Growth not at pre-pandemic level yet, says RBI
RBI Monetary policy highlights: RBI announcement comes against the backdrop of Covid-19 infections receding in recent days and the economy stablising. Stay tuned for all the LIVE updates
 "Monetary policy highlights: Growth not at pre-pandemic level yet, says RBI")
US dollar holds near 14-month high to euro with focus on inflation
By Ritvik Carvalho
 "US dollar holds near 14-month high to euro with focus on inflation")
US Dollar holds near 14-month high to euro on inflation fears
The U.S. currency was steady at $1.1558 per euro after strengthening to $1.1529 on Wednesday for the first time since July of last year.
 "US Dollar holds near 14-month high to euro on inflation fears")
Inflation fears, crude price spook markets, Sensex, Nifty fall nearly 1%
FPIs sold shares worth Rs 803 crore on Wednesday, taking their two-day selling tally past the Rs 2,000-crore mark
 "Inflation fears, crude price spook markets, Sensex, Nifty fall nearly 1%")
IMF sees inflation subsiding in 2022, supply risks may keep it elevated
Emerging market and developing economies will see inflation declining to about 4% next year after peaking at 6.8% this fall
 "IMF sees inflation subsiding in 2022, supply risks may keep it elevated")
US futures tumble as soaring energy prices fuel inflation worries
Growth stocks lead declines; American Airlines, Nucor fall on Goldman Sachs' downgrades
 "US futures tumble as soaring energy prices fuel inflation worries")
US 30-year yield rises to highest since June as inflation fear grows
The benchmark 30-year yield jumped to 2.12% in early Tokyo trade, extending its advance from last month's low of 1.81%
 "US 30-year yield rises to highest since June as inflation fear grows")
Liquidity normalisation is upon us
Growth prospects have brightened and inflation outlook has eased, despite lingering concerns as to potential broad-based supply shocks
World stock markets steady near lows as inflation jitters ease
Asian shares fell for a third straight day
 "World stock markets steady near lows as inflation jitters ease")
Asian stocks fall to near 1-year low as oil prices stoke inflation worries
MSCI's broadest index of Asia-Pacific shares outside Japan dropped as much as 1.3%, falling for a third consecutive session
 "Asian stocks fall to near 1-year low as oil prices stoke inflation worries")
Inflation and Evergrande keep world shares on back foot
Asian shares weakened, led by a 2.7% loss in Hong Kong while Japan's Nikkei slipped around 1%
 "Inflation and Evergrande keep world shares on back foot")
Eurozone inflation accelerates to 3.4% YoY in Sept, hits 13-year high
Eurozone inflation accelerated to 3.4 per cent year-on-year (y-o-y) in September, reaching a 13-year high, according to a flash estimate published on Friday by Eurostat
 "Eurozone inflation accelerates to 3.4% YoY in Sept, hits 13-year high")
Economic recovery hampered as inflation hits new highs in US, Europe
Inflation has reached new highs in the United States and Europe as rising energy prices and supply bottlenecks restrain an economic recovery from the pandemic in both economies
 "Economic recovery hampered as inflation hits new highs in US, Europe")
Euro-area inflation surges to 13-year high with more to come
Price growth is driven mainly by effects related to the pandemic and the reopening of economies after long stretches of virus shutdowns.
 "Euro-area inflation surges to 13-year high with more to come")
Sharp rise in natural gas prices, power outages worsen inflation worries
Brent crude up nearly 20% in the past month and hit a 3-yr high on Tuesday
 "Sharp rise in natural gas prices, power outages worsen inflation worries")
Commodity price surge deals stagflationary blow to world economy
Rising costs for households and companies are hitting confidence while pushing inflation faster than economists had expected only a few months ago
 "Commodity price surge deals stagflationary blow to world economy")
It's the government, not RBI, which will decide when to start tapering
Experts need to look at things that have a bearing on the forthcoming elections, namely, food price inflation and the output gap, especially in the industrial sector, which is important for employment
Global inflation spike seen posing near-term risks to economy: OECD
Supply-chain difficulties, surging commodities prompted OECD to raise its forecast for consumer-price gains this year and next in every Group of Seven country aside from Japan
 "Global inflation spike seen posing near-term risks to economy: OECD")
RBI deputy governor Patra sees FY22 inflation at 5.7% or lower
Economists say RBI likely to revise inflation forecast downward in October policy
 "RBI deputy governor Patra sees FY22 inflation at 5.7% or lower")
UK economy posts the biggest jump in annual inflation on record
The UK posted the biggest jump in annual inflation on record last month as global supply shortages and rising wages magnified the scale of price increases after pandemic-related discounts a year ago.
 "UK economy posts the biggest jump in annual inflation on record")
