Banks, financial markets strong enough to withstand extreme volatility: RBI Governor Shaktikanta Das

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Stocks Could Keep Rising If the Fed Shows Restraint

Text size As the market rebounds, speculative stocks are stirring. For proof, consider Cathie Wood’s ARK Innovation ETF, up about 40% since mid-June. David Swanson/Reuters/Alamy What bear market? Stocks continued their summer rally this past week as better-than-expected inflation results helped lead to a 3.3% gain in the S&P 500 index, its fourth consecutive weekly … Read more

Why Is the Stock Market Down Today? Dow Sinks as Inflation Soars.

Text size The Federal Reserve under Jerome Powell is expected to continue raising interest rates. Olivier Douliery/AFP via Getty Images The stock market was sinking after inflation came in hotter-than-expected in June.  The Dow Jones Industrial Average has declined 334.83 points, or 1.1%, while the S&P 500 has fallen 1.4%, and the Nasdaq Composite futures … Read more

U.S. June inflation report circulating on internet Tuesday is fake, Bureau of Labor Statistics says

The U.S. Bureau of Labor Statistics said Tuesday that a release circulating online purporting to show June inflation data, due for release on Wednesday morning, was a forgery.  “We’re aware of a fake CPI release image circulating on Twitter. It is a fake. Stay tuned for the real CPI release tomorrow at 8:30 AM ET,” … Read more

3 crucial financial moves to make now after the Fed’s biggest rate hike since 1994

In a matter of months, it’s become more expensive to carry a credit card balance, a car loan or a mortgage as the Federal Reserve’s interest rate hikes have seeped into borrowing costs. It’s tough medicine that central bankers hope will break the fever of hot inflation — and no one expects the doses to … Read more

Municipal Bonds Are Down So Much That They’re Buys Again

Text size Al Drago/Bloomberg A funny thing happened in the past week, as news emerged of inflation hitting a four-decade high. A few strategists started looking a bit more positively on bonds, or at least somewhat less negatively. March consumer prices were 8.5% above their level a year earlier, while producer prices were up 11.2%. … Read more

Retail inflation quickens to 6.07% in Feb; remains above RBI’s comfort zone

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From plate to plough: Stop nourishing food inflation

IF FCI were to unload its excess Grain stocks, it could bring food inflation down. but its high economic costs of carrying the stocks will mean large losses With the Russia-Ukraine conflict flaring up into a war, global commodity prices, especially crude oil and gas, will likely see a strong surge. This poses a challenge … Read more