Tag: Inflation

Billionaire investor Paul Tudor Jones calls bitcoin ‘the best inflation trade’ as token surges above $13,000 | Currency News | Financial and Business News

REUTERS/Eduardo Munoz Bitcoin’s October rally will continue as investors start scooping up the token as an inflation hedge, billionaire investor Paul Tudor Jones said Thursday. The...

UK inflation hits lowest level since 2015 after government’s dining-out scheme cuts prices at restaurants

Jim Edwards UK inflation hit a near five-year low in August, the Office for National Statistics (ONS) said Wednesday.  August’s Consumer Price Index...

How retirees can handle returns squeeze

With a fixed amount saved up for his retirement, he is starting to worry about whether he can sustain his lifestyle in the future. “My...

viral acharya: Why does the Reserve Bank need to be less reserved about dissent? Ask Viral Acharya

If there were any doubts left about why Viral Acharya quit the RBI in the same sudden manner as Raghuram Rajan and Urjit Patel, the...

Focus on inflation over growth at next policy review meet: Viral Acharya to RBI

Former RBI Deputy Governor Viral Acharya on Saturday said inflation is higher than expected and the rate-setting panel should “respect” its core mandate of controlling...

Coronavirus spike in the dog days of summer saps economy of momentum

Summer doldrums are taking on a whole new meaning during the coronavirus pandemic. The momentum in the U.S. economy appears to have melted away. It’s...

Sort your investments into separate portfolios for easier tracking of goals

I am 31 years old with a small child, and I earn ₹55,600 per month. My goals are retirement in 2048 and my child’s higher...

Waiting for MPC schedule could be costly and irreversible: RBI Guv

MUMBAI: Waiting for the MPC meeting schedule could be costly and timely monetary policy response to the fast evolving economic conditions post the nation-wide lockdown...

Should we fear post-pandemic inflation?

By Neil Irwin It’s not just the usual inflation alarmists. Many people now see high inflation lurking around the corner; a world where, in the...

Coronavirus crisis leads to largest U.S. consumer price decline since 2008

WASHINGTON (Reuters) – U.S. consumer prices dropped by the most since the Great Recession in April, weighed down by a plunge in demand for gasoline...

No ‘V’-shape return from devastating U.S. job loss, Fed policymakers say

SAN FRANCISCO (Reuters) – As many parts of the world’s biggest economy begin to reopen after weeks of stay-at-home orders that slowed the spread of...

Wall Street Week Ahead: U.S. data deluge to underscore divide between roaring market, plunging economy

NEW YORK (Reuters) – A week packed with U.S. economic data is likely to provide investors with more evidence of the extent to which the...

View: The pandemic is likely to leave lasting changes in work, politics and global relations

Beyond pressing the lift button with the knuckle rather than the tip of the finger, what sort of changes should we expect in life after...

Hobbled by coronavirus, China’s first-quarter GDP shrinks for first time on record

BEIJING (Reuters) – China’s economy contracted for the first time on record in the first quarter as the coronavirus shut down factories and shopping malls...

Coronavirus ‘Great Lockdown’ to shrink global economy by 3% in 2020: IMF

WASHINGTON (Reuters) – The global economy is expected to shrink by 3.0% during 2020 in a stunning coronavirus-driven collapse of activity that will mark the...

IMF chief says pandemic will unleash worst recession since Great Depression

WASHINGTON (Reuters) – The pandemic sweeping the world will turn global economic growth “sharply negative” in 2020, triggering the worst fallout since the 1930s Great...

How the coronavirus job cuts played out by sector and demographics

(Reuters) – The job losses suffered in March as the U.S. economy shut down in the face of the novel coronavirus pandemic were widespread but...

Stimulus: The same stimulus that rich countries lean on could worsen poor economies

By Enda Curran and Michelle Jamrisko A massive exodus of capital from emerging economies has left many in a Catch-22 position: the kinds of monetary...