By The headline CPI reading of no price inflation (0.0%) in October surprised the financial markets (but not us). It caused a bond market rally as yields (especially on the long end) fell. Then the PPI (Producer Price Index) showed up with a negative number for October (-0.5%), and this is generally a harbinger of…
By The prolonged period of high inflation may finally be coming to an end, according to an analysis of recent data by UBS global wealth management.In October, the consumer price index, a closely followed inflation gauge, increased 3.2% from 12 months earlier, down from 3.7% in September, the U.S. Bureau of Labor Statistics said Tuesday.The report marked a…
By The U.S. Consumer Price Index (CPI) inflation is set to drop from an annual 3.7% rate in September to a 3.3% rate in October, marking the first drop since June 2023, according to the median economist consensus. The eagerly awaited U.S. CPI report for October is set to be released by the Bureau of…
By What is included in my trial? During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Premium Digital includes access to our premier business column, Lex, as…
By pixelheadphoto / iStock.comThe ripple effects of the COVID-19 pandemic, coupled with rising interest rates, have led to a large increase in the cost of consumer goods. Brands were able to justify the price increases as the cost of doing business and labor have increased significantly within the past several years. But now, prices are…
By If the Reserve Bank lifts interest rates on Tuesday, governor Michele Bullock may well cite the need to keep consumers’ expectations of inflation “anchored”.But it’s not a simple task to determine what those expectations are and whether they are anchored to reality.Of 39 economists surveyed by Reuters, 34 forecast the RBA will raise its…
By More From ForbesNov 4, 2023,03:15pm EDTCanada Announces Immigration Projections For 2024 And Beyond”,”scope”:{“topStory”:{“index”:2,”title”:”Canada Announces Immigration Projections For 2024 And Beyond”,”image”:”https://specials-images.forbesimg.com/imageserve/65450c0b7d8680cc919639c4/290×0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Nov 3, 2023″,”hourMinute”:”11:39″,”amPm”:”am”,”isEDT”:true,”unformattedDate”:1699025983499},”uri”:”https://www.forbes.com/sites/andyjsemotiuk/2023/11/03/canada-announces-immigration-projections-for-2024-and-beyond/”}},”id”:”9no58k3gl45k00″},{“textContent”:”Nov 3, 2023,09:30am EDTHere’s More Evidence That Low Tax Rates Are Good For Business And The Prosperity Of Everyone”,”scope”:{“topStory”:{“index”:4,”title”:”Here’s More Evidence That Low Tax Rates Are Good For Business And The Prosperity Of…
By Atlanta Fed President Raphael Bostic said Friday that his own projection is that inflation could come down to the central bank’s 2% target in the next eight to 10 months. Asked in an interview on Bloomberg Television whether he had some idea of how long it would take to get inflation down to that…
By WASHINGTON — The nation’s employers slowed their hiring in October, adding a modest but still decent 150,000 jobs, a sign that the labor market may be cooling but remains resilient despite high interest rates that have made borrowing much costlier for companies and consumers.Last month’s job growth, though down sharply from a robust 297,000…
By More From ForbesNov 1, 2023,12:02pm EDTArista Networks Stock Gains 14% To Hit Record High”,”scope”:{“topStory”:{“index”:2,”title”:”Arista Networks Stock Gains 14% To Hit Record High”,”image”:”https://specials-images.forbesimg.com/imageserve/65420ac5ddace2bf499bd7cf/290×0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Nov 1, 2023″,”hourMinute”:”11:15″,”amPm”:”am”,”isEDT”:true,”unformattedDate”:1698851716634},”uri”:”https://www.forbes.com/sites/petercohan/2023/11/01/arista-networks-stock-gains-14-to-hit-record-high/”}},”id”:”dkm48gpaoho000″},{“textContent”:”Nov 1, 2023,10:00am EDTAn Ally In AI: How Industrials Are Leveraging Tech To Meet Sustainability Targets”,”scope”:{“topStory”:{“index”:4,”title”:”An Ally In AI: How Industrials Are Leveraging Tech To Meet Sustainability Targets”,”image”:”https://specials-images.forbesimg.com/imageserve/654183a2b7c04ba4ec9a975d/290×0.jpg?cropX1=725&cropX2=2173&cropY1=0&cropY2=814″,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Nov 1, 2023″,”hourMinute”:”09:53″,”amPm”:”am”,”isEDT”:true,”unformattedDate”:1698846812231},”uri”:”https://www.forbes.com/sites/gauravsharma/2023/11/01/an-ally-in-ai-how-industrials-are-leveraging-tech-to-meet-sustainability-targets/”}},”id”:”c407p65f6pg000″},{“textContent”:”Nov 1,…