The spike in the
#ConsumerPriceIndex which measures the price of a basket of goods and services, is the largest in nearly two years and the first official measure of how the conflict has affected US consumer prices particularly as Iran blocked the
#StraitofHormuz
www.theguardian.com/business/202...US inflation soars in March as...
US inflation soars in March as war on Iran drives economy into uncertainty
Prices were up 3.3% over the year, adding to the unpredictability that first came with Trump tariffs
U.S. Treasury Secretary Scott Bessent dismisses March CPI surge as temporary, attributing 21.2% gas price spike to Middle East volatility while futures markets signal near-term relief from inflationary pressures
#YonhapInfomax #ScottBessent #ConsumerPriceIndex #GasolinePrices #MiddleEastVolatility #FuturesMarkets #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=114978
US Treasury's Bessent on CPI - 'Temporary Blip... Futures Markets Suggest It Will Pass Soon'
U.S. Treasury Secretary Scott Bessent dismisses March CPI surge as temporary, attributing 21.2% gas price spike to Middle East volatility while futures markets signal near-term relief from inflationary pressures
Former White House economist Jason Furman argues US inflation surge is temporary, driven by tariffs and Iran conflict, urging Fed restraint as core inflation remains at 2.6% with loosening labor markets signaling no need for rate hikes
#YonhapInfomax #JasonFurman #USInflation #ConsumerPriceIndex #FederalReserve #TariffPolicy #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=114976Wall Street's major indexes closed mixed as investors exercised caution ahead of first US-Iran peace talks, with profit-taking following ceasefire-driven rally offsetting March CPI data that matched expectations at 0.9% monthly gain
#YonhapInfomax #USIranNegotiations #WallStreet #ConsumerPriceIndex #DowJones #NasdaqComposite #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=114950
[New York Stock Market - First Report]US-Iran Talks Loom as Wall Street Closes Mixed
Wall Street's major indexes closed mixed as investors exercised caution ahead of first US-Iran peace talks, with profit-taking following ceasefire-driven rally offsetting March CPI data that matched expectations at 0.9% monthly gain
U.S. Treasury prices declined modestly as markets took a cautious stance following March CPI data showing a 0.9% monthly surge driven by Iran war-related oil price spikes, though core inflation remained moderate at 0.2%, suggesting the Federal Reserve's policy burden may be limited if energy shocks prove temporary.
#YonhapInfomax #USTreasuries #ConsumerPriceIndex #CoreInflation #IranWar #FederalReserve #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=114933美國勞工部4月10日公布數據，顯示美國3月消費者物價指數（CPI）為按年增長3.3%，創下自2024年5月以來的最大按年漲幅。美國3月CPI為3.3%，高於2月的
https://www.hk01.com/即時國際/60339149/美國3月cpi按年升3-3-創近兩年最大升幅-汽油價格單月飆21-2
Germany's March CPI Final Reading Rises 2.7% YoY, Matches Preliminary Estimate
Germany's consumer price index for March confirmed at 2.7% year-on-year growth, aligning with preliminary estimates and signaling stable inflation trends in Europe's largest economy
Key global economic indicators scheduled for April 10 include China's March CPI and PPI, Germany's March CPI, U.S. March CPI, University of Michigan Consumer Sentiment Index, and Baker Hughes oil rig count, alongside ECB Vice President Luis de Guindos' speech
#YonhapInfomax #ConsumerPriceIndex #ProducerPriceIndex #UniversityOfMichigan #ConsumerSentiment #BakerHughes #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=114735
Today's Global Economic Indicators and Schedule
Key global economic indicators scheduled for April 10 include China's March CPI and PPI, Germany's March CPI, U.S. March CPI, University of Michigan Consumer Sentiment Index, and Baker Hughes oil rig count, alongside ECB Vice President Luis de Guindos' speech
Commerzbank warns US inflation could approach 4% in coming months as Iran war drives energy prices higher, with March CPI expected to show 0.9% monthly gain driven by 20% surge in gasoline prices, while spillover effects to electronics and IT products loom as memory chip and industrial metal costs soar
#YonhapInfomax #USInflation #IranWar #ConsumerPriceIndex #EnergyPrices #Commerzbank #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=113923
'Iran War Could Push US Inflation Close to 4%'
Commerzbank warns US inflation could approach 4% in coming months as Iran war drives energy prices higher, with March CPI expected to show 0.9% monthly gain driven by 20% surge in gasoline prices, while spillover effects to electronics and IT products loom as memory chip and industrial metal costs soar
South Korean markets surge with KOSPI gaining 426 points to 5,478.70 while won strengthens against dollar; Deputy Prime Minister schedules multiple policy meetings amid Middle East war price concerns and consumer inflation data release
#YonhapInfomax #KOSPI #ConsumerPriceIndex #BankOfKorea #MonetaryStabilizationBonds #ForeignInvestment #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=113384
[Today's Bond and Foreign Exchange Memo](April 2)
South Korean markets surge with KOSPI gaining 426 points to 5,478.70 while won strengthens against dollar; Deputy Prime Minister schedules multiple policy meetings amid Middle East war price concerns and consumer inflation data release
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