Category: broadly
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Australia’s Inflation Is Broadly Cooler But Still High In August
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The Australian Bureau of Statistics (ABS) showed that headline inflation was 2.7% year-on-year in Augustslower than the 3.5% increase in July, but in line with the latest market estimates. Except for volatile elements and holiday travel, Consumer prices rose 3.0% in Augustslower than the 3.7% rise in July. Meanwhile, Reserve…
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Australia’s Inflation Is Broadly Cooler But Still High In August
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The Australian Bureau of Statistics (ABS) showed that headline inflation was 2.7% year-on-year in Augustslower than the 3.5% increase in July, but in line with the latest market estimates. Except for volatile elements and holiday travel, Consumer prices rose 3.0% in Augustslower than the 3.7% rise in July. Meanwhile, Reserve…
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US dollar rises broadly as inflation data underpins smaller Fed cut By Reuters
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By Gertrude Chavez Dreyfus NEW YORK (Reuters) – The U.S. dollar rose on Friday after data showed a key measure of inflation came in in line with expectations, while personal spending and income increased, supporting expectations that the Federal Reserve will likely cut interest rates by a smaller 25 basis…
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US dollar rises broadly as inflation data underpins smaller Fed cut By Reuters
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By Gertrude Chavez Dreyfus NEW YORK (Reuters) – The U.S. dollar rose on Friday after data showed a key measure of inflation came in in line with expectations, while personal spending and income increased, supporting expectations that the Federal Reserve will likely cut interest rates by a smaller 25 basis…
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Dollar drops against yen but broadly stable after last week’s decline By Reuters
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By Kevin Buckland and Sruthi Shankar TOKYO (Reuters) – The dollar fell to a three-week low against the yen on Monday but halted its recent slide against most other currencies as investors assessed the possibility that the U.S. Federal Reserve will soon begin a series of interest rate cuts. The…
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Canadian consumer spending strengthened broadly in April – RBC
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Red blood cells Outside From our monthly Canadian consumer spending tracker, the picture looks positive, with spending increasing in almost all categories. Retail sales, excluding automobiles, saw significant growth during the month, driven largely by higher purchases related to homes, sporting goods and apparel. These trends point to a broader…