Barclays, Yes Bank raise India inflation forecast as prices jump
Thursday, 13 July 2023 India's inflation rose to a three-month high of 4.81% in June compared with 4.29% in May, due to surging prices of vegetables and pulses. This prompted economists to raise their forecasts for the year with Barclays now seeing consumer price inflation averaging at 5%, Yes Bank at 5.3%, and Emkay Global Financial Services at 5.2%.
Fed Expected to , Continue Raising Rates , Despite Inflation Easing.
In June, inflation in the United States hit 3%,
the lowest it has reached since March 2021. .
NPR reports that the news could be a sign
that the Federal Reserve's aggressive rate hikes
have made a noticeable impact on the...
Survey Suggests , US Households Remain Confident , Despite Banking Instability.
CNN reports that 2023 has been
a strange time for mid-sized
banks in the United States.
Earlier this year, three..
Credit: Wibbitz Top Stories Duration: 01:31Published
Key Inflation Rate , Hits Lowest Annual Level , in Almost 2 Years.
CNBC reports that inflation continued
to show signs of cooling in June,
in line with Dow Jones estimates.
CNBC reports that..
Credit: Wibbitz Top Stories Duration: 01:31Published
Johnson & Johnson , Joins Fight Against Lowering , Drug Prices in the US.
On July 18, Johnson & Johnson (J&J) became the
third major pharmaceutical company to challenge
the Biden administration's..
Credit: Wibbitz Top Stories Duration: 01:30Published
Thursday, 13 July 2023
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