WASHINGTON (Reuters) - U.S. consumer spending fell for a second straight month in January as households continued to cut back on purchases, opting to save much of the massive windfall from cheaper gasoline.
MUMBAI/NEW DELHI, March 2 (Reuters) - India has formally adopted inflation targeting, a historic monetary policy overhaul that marks a victory for Reserve Bank of India Governor Raghuram Rajan, as the government makes subduing chronically volatile prices a priority.
to hit one record high after another, recognize that it is getting close to trading at nearly thirty times long-term, inflation -adjusted earnings. In 2014, the S&P 500 did not fall for more than three consecutive days. We are in la-la land
NEW YORK, March 2 (Reuters) - The U.S. bond market's gauges on investors' inflation expectations reduced their decline early Monday after a measure on domestic core inflation rose in line with...
JAKARTA, March 2 (Reuters) - Indonesia's president said on Monday the fall in consumer prices signalled that there was room for another interest rate cut, but the decision was up to the central bank.
BRASILIA, March 2 (Reuters) - Economists reduced their estimates for Brazil's 2016 inflation rate for the first time in more than one month, according to a weekly central bank poll on Monday. The...
NEW DELHI, March 2 (Reuters) - Indian food-price inflation is on a downtrend due to a fall in global commodity prices and slower growth in rural wages, finance ministry's economic adviser Arvind Subramanian said on Monday.
NEW DELHI, March 2 (Reuters) - The Reserve Bank of India will be responsible for setting its target for consumer price inflation under a monetary policy pact with the finance ministry, Finance Secretary Rajiv Mehrishri said on Monday.
BANGKOK, March 2 (Reuters) - The key Indonesian stock index closed at a record high on Monday as easing inflation data bolstered selective buying while the Thai benchmark hit a one-month low on selling in banking stocks. The Jakarta composite
NEW DELHI, March 2 (Reuters) - The Reserve Bank of India will be free to use the instruments at its disposal to steer monetary policy under a new inflation targeting regime agreed with the finance ministry, the ministry's economic adviser Arvind Subramanian said on Monday.