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Economic News

US Consumer Prices Likely to Show Soft Inflation in December Report 1

US Consumer Prices Likely to Show Soft Inflation in December Report

In the upcoming monthly report on US consumer prices, expected today, analysts anticipate another soft inflation reading, attributed in part to ongoing declines in the goods sector. The core consumer price index (CPI), excluding food and energy, is projected to have risen by a modest 0.2% in December. This aligns with the objectives of Federal […]

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Market Sentiment Cautious as Eyes Turn to US Inflation Data 3

Market Sentiment Cautious as Eyes Turn to US Inflation Data

Investor caution prevailed, and broader market sentiment remained subdued as anticipation built for crucial US inflation data, marking a shift from earlier expectations of an imminent Fed rate cut after the start of the new year. In Asia trading, Treasury 10-year yields and the dollar held steady, while the yen faced continued weakness against the

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