Asian stocks rise after US inflation data clears way for rate cut
Asian markets rose on Thursday after US inflation data cleared the way for another Federal Reserve rate cut next week. November inflation in the world’s largest economy came in at 2.7 per cent, higher ...
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US consumer inflation accelerates for second straight month in November
US consumer inflation ticked up for a second consecutive month in November, driven by food prices and other sectors, ...
Producer Inflation Expected to Remain Hot in November
Wholesale inflation data on Thursday are likely to be the latest setback in the last mile of the Federal Reserve’s inflation ...
Bitcoin reclaims $100k mark on Fed rate cut hopes; Sui, Chainlink surge over 24%
The U.S. consumer price index (CPI) rose 0.3% month-on-month and 2.7% year-on-year in November, aligning with expectations. This boosted the probability of a 25-basis-point rate cut to 99%, up from 89 ...