Yearly Archives: 2023
Soft CPI Give Fed Room To Pause Rates
Written on May 11, 2023 at 5:45 am, by lishitong
A lower-than-expected inflation has lent optimism to the markets The latest U.S. inflation figures have provided the Federal Reserve with some respite on its upcoming rate hike decision. The data for April showed a slight drop in inflation to 4.9% from 5%, easing the Fed’s dilemma. As a result, the dollar weakened while equity marketsContinue Reading
US CPI Shows Signs Of Moderation But Caution Still Advised
Written on May 11, 2023 at 4:24 am, by lishitong
Markets have posted a slight rally after inflation came in lower than analyst expectations even as a debt crisis looms. On Wednesday, the U.S. Bureau of Labor Statistics released the year-on-year CPI readings for April, where a rise of 4.9% came in marginally lower than economists’ expectations of 5.0%. Meanwhile, month-on-month core CPI came inContinue Reading
Markets Calm Before U.S. Inflation Data
Written on May 10, 2023 at 5:41 am, by lishitong
As investors await the U.S. Consumer Price Index (CPI) and monitor the development of the U.S. debt ceiling, the markets remain subdued. Most of the asset classes saw little change overnight ahead of the U.S. CPI, which is due to release later today (10th May). On the other hand, the market is looming with theContinue Reading
