US inflation continued to heat up at the end of 2024. The consumer price index rose by 2.9% year over year in December, above ...

Besides expecting another round of positive US activity data, today’s FX focus will be on the Senate confirmation hearing of Scott Bessent, Trump’s nominee for US Treasury Secretary. He will be ...

After a two-day meeting of its monetary policy committee in Washington, the Fed announced it would hold its rate target at 4.25% to 4.50%.

The US Federal Reserve has decided to maintain its key interest rate unchanged, holding the target range for the federal funds rate at 4.25 per cent to 4.5 per cent. The decision comes as the central ...

His tenure is also likely to see a revamped consumer price index (CPI), where food carries less ... The challenge for Malhotra, who holds a degree in computer science and engineering from IIT ...

He noted that the market will continue to pay close attention to the data, with the Consumer Price Index (CPI) inflation report ... finds little comfort in this restraint. "Meanwhile, the ...

The CPI release is scheduled for February 12. If nowcasts for relatively flat annual inflation hold, then that may reassure the Federal Open Market Committee that inflation is subdued. Nonetheless ...