Inflation is roaring back globally, 2022 style. The Iran war is only half the problem Europe, China and the U.S. are straining to meet the demands of the AI boom Fortune · Jun 11
ECB Hikes Interest Rates For The First Time Since 2023 Citing Iran War Pressures The European Central Bank hiked interest rates for the first time since 2023, citing the pressures from the war in Iran. International Business Times · Jun 11
Europe's central bank raises rates to fight inflation from Iran war, the Fed to decide next week The European Central Bank on Thursday became the first major central bank to raise interest rates in response to the Iran war The Independent UK · Jun 11
US households, businesses stung by higher energy prices that have pushed inflation above 4% Rising gas prices pushed inflation to its highest level in three years last month, a headache for the Federal Reserve and a potential political challenge for the Trump administration as midterm elections near AAP · Jun 10
US inflation rises to 4.2%, hitting a three-year high as fuel prices rise Annual inflation accelerated to 4.2% in May, driven largely by higher fuel costs, as rising prices continue to weigh on household budgets and cloud the Federal Reserve's interest-rate outlook. Euronews · Jun 10
Inflation is back above 4% for the first time since 2023—but Kevin Warsh might catch a break Core inflation stayed tame, easing hawkish worries at the Fed. Fortune · Jun 10
Trump says ‘I love the inflation’ as rate rises to 4.2% amid Iran war pressure Before the conflict began, inflation was at 2.4%, but the closure of the strait of Hormuz has affected energy prices The Guardian - US · Jun 10
Economists No Longer Expect The Fed To Cut Interest Rates This Year, Poll Shows Economists surveyed in a recent poll no longer expect the Federal Reserve to cut interest rates this year. International Business Times · Jun 9
The AI trade’s worst day in a year became a buying opportunity by Monday Friday’s Nasdaq rout looked like the start of a real repricing. By Monday, chipmakers were rebounding. Fortune · Jun 8
Trump Reiterates Backing Of New Fed Chair Kevin Warsh But Still Pushes For Lower Interest Rates President Donald Trump said he wants Federal Reserve Chair Kevin Warsh to "do whatever he wants" while reiterating his opposition to any potential increase in U.S. interest rates. International Business Times · Jun 8
The Lock-In Effect Is Real—These 3 Homebuilders Are Betting on It The housing lock-in effect is limiting existing home supply. These three homebuilder stocks could benefit if interest rates move lower MarketBeat · Jun 7
Fed officials warn AI's economic costs may arrive faster than benefits Some Fed officials see clearer evidence of AI-related investment boosting demand for labor, equipment and infrastructure than they do of widespread productivity gains. Axios · Jun 7
Bitcoin Price today: BTC trades over $61,000-mark after Cryptocurrency fell to historic low. Are gold, AI stocks to be blamed for world's largest crypto crash? Bitcoin BTC Price: Cryptocurrency saw its peak after becoming market favourite since the re-election of US President Donald Trump. The Economic Times · Jun 7
Chances Of Fed Rate Hike Increase After Blockbuster Jobs Report May's positive jobs report could increase the chances of an interest rate hike this year. International Business Times · Jun 6
International Business Times UK · Jun 5 Trump Fumes at Nasdaq Plunge, Says 'Stocks Should Go Up, Not Down' After Bumper Jobs Report President Trump criticised Wall Street's sell-off following a strong jobs report, highlighting tensions between economic growth and inflation concerns, as investors anticipate potential interest rate hikes.
The Guardian - US · Jun 5 US added 172,000 jobs in May as labor market shows signs of resilience Government figures show unemployment rate at 4.3% amid rising inflation and economic uncertainty from Iran war
The Economic Times · Jun 4 First goes the Fed dot, then guidance - and then a hike? The Federal Reserve's interest rate forecasts, known as the dot plot, might be removed. This change could signal a shift in policy under the new Fed chair. Markets will need to interpret his approach to inflation. Investors may face a more unpredictable interest rate market. The economy is experiencing an…
The Economic Times · Jun 4 Fed's Warsh inherits economy increasingly squeezed by inflation New Fed Chair Kevin Warsh faces a challenging economy. Rising inflation, fueled by the Iran war's impact on energy and goods, is squeezing households. While AI investment boosts growth, it's not offsetting cost pressures. Policymakers are increasingly concerned about inflation, with some advocating for interest rate hikes, a stance potentially…
Kiplinger · Jun 3 May Jobs Report Comes In Hot, Keeps Fed Focused on Inflation The May jobs report was released Friday morning and came in much higher than economists expected..
The Economic Times · Jun 2 Oyo readies market debut; IT's comeback rally Oyo's IPO plans are back on track after securing the regulator's nod. This and more in today's ETtech Top 5.
The Economic Times · Jun 2 IT rally rages on! Infosys, TCS, other stocks jump up to 4% despite overall market weakness Indian IT stocks, including Infosys and TCS, surged over 3% on Tuesday, extending a three-day rally despite a broader market decline. This rebound follows an earlier sell-off triggered by AI advancements, with investors now seeing value in the sector's potential to adapt and integrate new technologies.
International Business Times · Jun 1 Jerome Powell Warns The Fed Is Going Through a 'Stress Test' And Its Credibility Is On The Line Former Fed chair Jerome Powell warned that the central bank is going through a "stress test" and its credibility will be tested in the near future.
Salon · Jun 1 Inflation is spreading through economy Fresh inflation data now suggests the challenge may be deeper and longer lasting than many expected
The Economic Times · Jun 1 Infosys, Tech Mahindra, TCS and other IT stocks jump up to 5%. What’s driving the rally? Indian IT stocks rose sharply on Monday, lifting the Nifty IT index nearly 3%, as investors reassessed AI-related fears, attracted by attractive valuations and upbeat sector outlooks. Optimism around potential US rate cuts and positive technical signals further fuelled buying in Infosys, Tech Mahindra, TCS and other IT majors.