Inflation Financial News

'We should not dismiss the fact a window of opportunity may be opening to exit deflation,' Japan's government said.

Food inflation fell to 11.5% from 13.4% in July.

Bitcoin (BTC) starts a new week struggling with $26,000 as August becomes its worst month of 2023.

Two weekends ago, Anne Zarifa and her children sat down to make a list of clothes they’d need for the coming school year after sifting through their closets to get rid of anything too small or worn out.

Bitcoin (BTC) is still worth $20,000 nearly six years after first reaching it — if adjusted for inflation.

inflation fight, but experts warn it could also mean a steeper downturn domestically this fall.The early stages of China’s rebound from the COVID-19 pandemic spurred hope for a stronger global recovery at the start of this year, but recent months have seen some economic forecasters slash expectations for the world’s second-biggest economy.Here’s a look at what’s behind China’s faltering economy and the ripple effects it could have in other countries.China stocks fell to around nine-month lows on Monday as investors reacted to milder-than-expected measures by authorities to boost confidence in the economy, with sluggish recovery, high youth unemployment and property woes keeping sentiment fragile.Economic output and consumer spending came in below expectations in July, coming off one of China’s weakest quarters for annualized growth in decades.Jimmy Jean, Desjardins’ chief economist, said in a note on Aug. 11 that slowing foreign-direct investment, Western trade restrictions and a trend of multinational corporations reconfiguring their supply chains away from China post-COVID are all compounding to hamper growth.“We were always skeptical of the narrative that China’s reopening would save the global economy this year,” he wrote.

On the latest episode of Macro Markets, analyst Marcel Pechman explains the impacts of the United States Federal Reserve’s balance sheet, breaking down how the Fed inflated its assets by $5 trillion between December 2019 and April 2022. Pechman notes that the expansion period coincides with a 38% crash in the S&P 500 index. Moreover, the Federal Reserve balance sheet surpassed the $8.9 trillion mark right as the stock market index reached its 4,800-point all-time high.

Walmart Inc raised its full-year forecasts and beat second-quarter sales and profit estimates on Thursday, citing strong demand for its low-priced groceries and health and wellness products.

The price of Bitcoin (BTC) has jumped to a fresh high in Argentina since the news that Bitcoin-friendly presidential candidate Javier Milei won a primary election on Aug. 13, with 1 BTC reaching a value of 10.2 million Argentine pesos (ARS) on Aug. 14, according to data from CoinGecko. 

Bitcoin (BTC) targeted two-month lows on Aug. 17 as United States inflation returned to spook cryptocurrency markets.

The instructions were reported to have been relayed to fund managers through investment executives at those firms, said a person familiar with the matter.

The Bank of England

Total sales for the May 2023 through July 2023 period were up 2.3% from the same time a year ago.

Exposure to REITs has dropped to its lowest since December 2008, leading to BofA describing it as one of the 'most fascinating' asset classes to watch.

The annual rate of inflation rose to 3.3 per cent in July, Statistics Canada said Tuesday.

The waning of a factor helping to push down inflation means the Bank of Canada will be relying on a pronounced slowdown in the economy this fall to keep prices from rising more, experts say.

Forecasters anticipate this week’s consumer price index report to show inflation rose last month, signalling a reversal in progress after a year of steady declines.

Bitcoin (BTC) traders are currently not pleased with the recent price trends, especially due to the inability of its price to surpass the $30,500 mark over the last four weeks. This frustration is compounded by the fact that several requests for spot Bitcoin exchange-traded funds (ETFs) are either being delayed or pending review from regulators.

The Federal Reserve

Bitcoin (BTC) hovered near $29,500 on Aug. 10 as markets braced for a fresh United States Consumer Price Index (CPI) print.

The S&P 500 index is currently trading only 6% below its all-time high, which was reached in December 2021. Traditionally, such a situation would be seen as a bullish sign for risk-on assets, including commodities and cryptocurrencies, but this time, it appears that investors have been using the stock market as a means of protection against the recent inflation surge, which peaked at over 4% between April 2021 and May 2023.