India’s Consumer Price Index (CPI) for October 2024 has risen to 6.21%, up from 5.49% in September, and surpassing the 5.81% forecast. This marks a […]
Tag: Inflation
Brokerage Reports: Macquarie Underweight on Swiggy, Zomato with T.P. Rs 325, Rs 130; CLSA on Reliance Industries, Britannia; Jefferies Underperform on BSE at T.P. Rs 3500; BofA, UBS Warn of Inflation Risks Impacting Growth
Macquarie On Swiggy Macquarie starts coverage with an “Underperform” rating and a target price of Rs 325. Swiggy has potential, but the path to profitability […]
September 2024 Survey: 1 in 7 Americans Expect to Miss Debt Payments, Rising to 14.2%—Highest Since April 2020
The Federal Reserve Bank of New York recently released its September 2024 survey, revealing that 1 in 7 American consumers expect to miss a debt […]
Inflation Update: India’s CPI Jumps to 5.49%, Food Prices Surge by 9.24% in September
CPI Increase India’s Consumer Price Index (CPI) rose by 5.49% in September, up from 3.65% in August, and higher than the expected 5%. This marks […]
U.S. Debt Levels Surge in Q2 2024 Amid High Interest Rates and Inflation
In the second quarter of 2024, U.S. debt levels saw notable increases across various sectors, reflecting the broader economic landscape characterized by persistent inflation, elevated […]
U.S. Consumers’ Expectations for Income Growth Fall to Lowest Level Since 2013
Recent data reveals that U.S. consumers’ expectations for their income to rise faster than prices have fallen to their lowest level since 2013. This signals […]
JP Morgan CEO Jamie Dimon Warns U.S. Economy Faces Threat Worse Than Recession
JP Morgan Chase CEO Jamie Dimon has issued a stark warning about the future of the U.S. economy, suggesting it may face challenges even worse […]
U.S. Household Net Worth Hits Record High in Q2 2024: Fed Report
The U.S. Federal Reserve has reported that household net worth surged to a record $163.8 trillion in the second quarter of 2024. This increase reflects […]
Global Debt Reaches Unprecedented $315 Trillion in Q1 2024, Soaring by $15 Trillion in 12 Months
Global debt has hit a staggering $315 trillion in the first quarter of 2024, representing an astonishing rise of $15 trillion over the past year. […]
Bank of Japan’s Dominance in Japan’s Financial Markets: Latest Details
The Bank of Japan (BoJ) holds a significant position in Japan’s financial markets. According to data from Morningstar and the Tokyo Stock Exchange, the BoJ […]
Hedge Funds Are Most Bullish on Gold in Four Years as Fed Rate Cuts Loom
Hedge funds have raised their bullish bets on gold to the highest level in four years. This surge in confidence comes as many traders expect […]
Nomura Lowers India’s FY25 Growth Forecast to 6.7% Amid Slower GDP Growth
Nomura has revised its economic growth forecast for India in FY25, lowering it to 6.7% year-on-year from an earlier estimate of 6.9%. This adjustment follows […]