US January Inflation Report Expected to Show Cooling Prices; Bank of Russia Cuts Rates Again | Metals Mine

  • US January Inflation Report Expected to Show Cooling Prices; Bank of Russia Cuts Rates Again

    From morningstar.com

    Investors will eye inflation data for January this morning, with analysts polled by The Wall Street Journal's poll forecasting a fall in both headline and core inflation figures. Economists forecast consumer-price growth slowed to an annual pace of around 2.5%, but some aren't ruling out a hotter reading as prices have a habit of spiking in January. Elsewhere, the Bank of Russia on Friday lowered its key interest rate for a sixth consecutive meeting of its policymakers, but continues to restrain a slowing economy as the country's costly war on Ukraine approaches its fourth anniversary. And Bank of Japan policy board ... (full story)

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