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Monthly archive January, 2023

U.S. Consumer Sentiment Jumps In January, Near-Term Inflation Expectations Extend Slide

Consumer sentiment in the U.S. has improved much more than expected in the month of January, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index jumped to 64.6 Read More →

Dollar Loses Ground Against Major Counterparts After Soft Inflation Data

The U.S. dollar drifted lower against its major rivals on Thursday, weighed down by data showing consumer prices saw a drop in December, raising hopes for a slowdown in interest rate hikes from the Federal Reserve.Original Article Read More →

Bank Of Japan To Review Side Effects Of Ultra Easing In Next Week’s Policy Session: Report

The Bank of Japan is set to review the side-effects of its massive monetary easing during the policy session on January 17 and 18, and may make additional policy adjustments to correct the distortions in the yield curve, the Yomiuri Read More →

Australia Inflation Rebounds; Retail Sales Rise Most In 10 Months

Australia's inflation accelerated in November on higher housing and food prices and retail sales posted its biggest growth in ten months, official data revealed Wednesday. The monthly consumer price index indicator advanced to 7.3 percent in November from 6.9 Read More →

Dollar Stays Firm On Rate Hike Bets

The U.S. dollar stayed positive against most of its major counterparts on Tuesday, riding on hawkish comments from some Fed officials.Original Article Read More →

Tokyo Inflation Hits 4% First Time In 4 Decades; Japan Household Spending Unexpectedly Declines

Inflation in Japan's capital Tokyo hit 4 percent for the first time in four decades at the end of 2022, lifting speculation over a shift in the Bank of Japan's massive monetary easing stance. Separate data showed an unexpected fall Read More →