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US inflation: Stubborn inflation set to reinforce Fed's go-slow approach - The Economic Times

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class="topPart clearfix tac fixedOnLoad"><h3 class="artsec_nm" data-ga-action="Filter"><span class="cSprite icon_pp"></span></h3><h1 class="artTitle font_faus">Stubborn inflation set to reinforce Fed's go-slow approach</h1></div><div class="bylineBox"><div class="dt contentwrapper"><div class="dtc vam artByline"><div class="story_title clearfix"><div class="menu_list flt"><span class="lines"><span class="line1"></span><span class="line2"></span><span class="line3"></span></span><span>SECTIONS</span></div><div class="arttitle flt">Stubborn inflation set to reinforce Fed's go-slow approach</div></div><span class="ag">Bloomberg</span><span class="circle"></span><time class="jsdtTime" data-dt="1732493640000">Last Updated: Nov 25, 2024, 05:44:00 AM IST</time></div><div class="dtc vam artShare flr" data-ga-action="Action"><div class="userRating hide"><span class="rating_icon"></span><span>Rate Story</span><div class="rating_block"></div></div><div class="whatsappFollow"><a rel="nofollow" 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data-user="subscribed" data-size="[[300,250]]" data-adsSlot="ET_Prime/ET_Prime_AS/ET_Prime_AS_ATF_Mid_Banner" id="primead_115639170" class="primeuser_asmidad"></div></div><div class="artSyn bgPink"><div class="bold">Synopsis</div><h2 class="summary">The personal consumption expenditures price index excluding food and energy - the Fed's preferred measure of underlying inflation - is projected to have risen by 0.3% in October from September, and by 2.8% from a year earlier, in what would be the largest advance since April.</h2></div><article competitionClients="" currency_ad="1" data-apw="1" class="artData clr paywall"><div class="imgBox smallImg"><figure class="artImg"><img height="158" width="210" alt="Fed" src="https://img.etimg.com/thumb/msid-115639181,width-210,height-158,imgsize-196518,resizemode-75/fed.jpg"><span class="imgAgency">Agencies</span><figcaption class="figCap">Elsewhere, Chinese survey numbers, a likely pickup in euro-area inflation, and monetary decisions - including a possible large rate cut in New Zealand - are among the highlights.</figcaption></figure></div><div data-brCount="16" class="artText">London: <a ref="dofollow" data-ga-onclick="Inarticle articleshow link click#Markets#href" href="/topic/us-inflation" target="_blank">US inflation</a> figures in the coming week that are seen showing stubborn price pressures will reinforce the Federal Reserve's cautionary posture toward future interest-rate cuts.<br><br>The personal consumption expenditures price index excluding food and energy - the Fed's preferred measure of underlying inflation - is projected to have risen by 0.3% in October from September, and by 2.8% from a year earlier, in what would be the largest advance since April.<br><div data-mid-newpos-mgid="mgid_115639170" id="div-mgid-mid-newpos-115639170"></div><div style="margin-bottom:45px;" hello="5" class="adBox custom_ad taboola" data-taboola="taboola_115639170"><div class="colombia colombiaAd" data-section="0" data-position="115639170" data-slot="532740" col="4" data-msg="ctnCallbackHandler" id="div-clmb-ctn-208630-115639170-16"></div><div id="v-economictimes-indiatimes-v3"></div><div data-placement="Mid Article Thumbnails" data-target_type="mix" data-mode="thumbnails-mid" style="min-height:400px; margin-bottom:12px;" class="wdt-taboola" id="taboola-mid-article-thumbnails-115639170"></div></div><br>The report is also expected to reveal resilient <a ref="dofollow" data-ga-onclick="Inarticle articleshow link click#Markets#href" href="/topic/household-spending" target="_blank">household spending</a> and steady income growth at the start of the fourth quarter. Consumer outlays, unadjusted for price changes, are forecast to climb 0.4% after a 0.5% advance the previous month. Personal income is seen rising 0.3% for a second month, buoyed by healthy yet moderating job growth.<br><br>While Fed policymakers will receive another set of inflation data - the November consumer and producer price indexes - before their December 17-18 meeting, they won't see another PCE price gauge as they debate whether to lower rates.<br><div class="stockpro_widget"></div><br>The income and spending report packs the biggest punch for investors during a Wednesday data barrage ahead of the Thanksgiving Day holiday. 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As of Friday, market participants assigned slightly better than even odds for another quarter-point reduction.<br><br><div data-size="[[300, 250], [600, 250], [600, 300]]" data-adsSlot="/7176/Economictimes/ET_News/ET_News_ROS/ET_News_ROS_MID_INTL_300" data-loc="100" id="div-gpt-ad-858478126-1-115639170" class="country_specAD"></div>Turning north, Canada's third-quarter gross domestic product on Friday may help officials decide between a second 50 basis-point rate cut or a more cautious 25 basis-point move in December. Output data pointed to 1% growth, but economists expect the expenditure-based figures to land closer to a central bank estimate of 1.5% annualized expansion, supporting the case for more gradual reductions.<br><br><div data-size="[[300, 250], [600, 250], [600, 300]]" data-adsSlot="/7176/Economictimes/ET_News/ET_News_ROS/ET_News_ROS_MID1_INTL_300" data-loc="2" id="div-gpt-ad-858478132-1-115639170" class="country_specAD2nd"></div><div data-size="[[300, 250], [600, 250], [600, 300]]" data-adsSlot="/7176/Economictimes/ET_News/ET_News_ROS/ET_News_ROS_MID1_INTL_300" data-loc="5" id="div-gpt-ad-858478132-1-115639170" class="country_specAD2nd"></div><div data-size="[[300, 250], [600, 250], [600, 300]]" data-adsSlot="/7176/Economictimes/ET_News/ET_News_ROS/ET_News_ROS_MID1_INTL_300" data-loc="3" id="div-gpt-ad-858478132-1-115639170" class="country_specAD2nd"></div>Elsewhere, Chinese survey numbers, a likely pickup in <a ref="dofollow" data-ga-onclick="Inarticle articleshow link click#Markets#href" href="/topic/euro-area-inflation" target="_blank">euro-area inflation</a>, and monetary decisions - including a possible large rate cut in New Zealand - are among the highlights.<br><br><style> #sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;} </style><!--/article_liveblog.cms?msid=105115637&pos=botpotime:1--><div class="hide_content mt10"><div><a target="_blank" href=""></a></div><!--/rigi_hyperlink.cmspotime:1--></div><div class="inSideInd"><br><br><em>(You can now subscribe to our <a rel="nofollow" href="https://www.whatsapp.com/channel/0029VaAr2nxHbFV91x3BKx10" target="_blank" data-ga-onclick="WhtsApChnl#Click_Web#Markets">ETMarkets WhatsApp channel</a>)<br></em></div></div><div class="clr"></div><div class="clr"></div><div class="rating_block hide ftr custom_ad"></div><div class="inSideInd"><div class="clearfix relTopics raltedTopics" data-ga-action="Widget Read More News"><h4 class="uc">Read More News on</h4><div><a data-track="ReadMore1" data-ga-onclick="1 - href" href="/topic/us-inflation">US inflation</a><a data-track="ReadMore2" data-ga-onclick="2 - href" href="/topic/federal-reserve-interest-rates">Federal Reserve interest rates</a><a data-track="ReadMore3" data-ga-onclick="3 - href" href="/topic/pce-price-index">PCE price index</a><a data-track="ReadMore4" data-ga-onclick="4 - href" href="/topic/household-spending">household spending</a><a data-track="ReadMore5" data-ga-onclick="5 - href" href="/topic/economic-growth">economic growth</a></div></div></div><div data-placement="Below Article Thumbnails" data-target_type="mix" data-mode="thumbnails-below" style="margin-bottom:12px;" class="wdt-taboola" id="taboola-eoa-article-thumbnails-115639170"></div><div class="inSideInd"><div class="disclamerText disc_ellipsis"><p>(What's moving <a href="https://economictimes.indiatimes.com/indices/sensex_30_companies">Sensex</a> and <a href="https://economictimes.indiatimes.com/indices/nifty_50_companies">Nifty</a> Track <a href="https://economictimes.indiatimes.com/markets/stocks">latest market news</a>, <a href="https://economictimes.indiatimes.com/markets/stocks/recos">stock tips</a>, <a href="/budget">Budget 2024</a> and <a href="https://economictimes.indiatimes.com/markets/expert-view">expert advice</a>, on <a href="https://economictimes.indiatimes.com/markets">ETMarkets</a>. Also, ETMarkets.com is now on Telegram. 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Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, <a rel="nofollow" href="https://t.me/joinchat/J60pKE7SOStsj5sI8nDmHQ" target="_blank">subscribe to our Telegram feeds</a> .)</p> <p>Subscribe to <a rel="nofollow" href="https://buy.indiatimes.com/ET/plans">The Economic Times Prime</a> and read the <a rel="nofollow" href="https://epaper.indiatimes.com/timesepaper/publication-the-economic-times,city-delhi.cms">Economic Times ePaper</a> Online.and <a href="https://economictimes.indiatimes.com/markets/stocks/live-blog/bse-sensex-today-live-nifty-stock-market-updates-5-june-2024/liveblog/110717623.cms">Sensex Today</a>.</p> <p>Top Trending Stocks: <a href="https://economictimes.indiatimes.com/state-bank-of-india/stocks/companyid-11984.cms">SBI Share Price</a>, <a href="https://economictimes.indiatimes.com/axis-bank-ltd/stocks/companyid-9175.cms">Axis Bank Share Price</a>, <a href="https://economictimes.indiatimes.com/hdfc-bank-ltd/stocks/companyid-9195.cms">HDFC Bank Share Price</a>, <a href="https://economictimes.indiatimes.com/infosys-ltd/stocks/companyid-10960.cms">Infosys Share Price</a>, <a href="https://economictimes.indiatimes.com/wipro-ltd/stocks/companyid-12799.cms">Wipro Share Price</a>, <a href="https://economictimes.indiatimes.com/ntpc-ltd/stocks/companyid-12316.cms">NTPC Share Price</a></p></div><span class="disc_more"><span class="dots">...</span>more</span><span class="disc_less hidden">less</span><!--/disclaimer.cms?msid=2146843potime:1--></div><div class="inSideInd"><div data-commentmsid="115639170"></div></div><div id="M769007ScriptRootC1241081"></div><div data-ga-impression="Prime Stories Widget Articleshow#Impression#NA" class="primeSWrapper hide external_widget newwidget primeStorySliderContainer"><p class="heading"><span class="cSprite_b prime_icon"></span></p><div class="alltabs"><span class="tabitem">Prime Exclusives</span><a href="/prime/investment-ideas?source=homepage&amp;medium=investment_ideas&amp;campaign=prime_discovery" target="_blank" class="tabitem">Investment Ideas</a><a href="/markets/benefits/stockreportsplus?source=freearticleshow&amp;medium=sr_plus&amp;campaign=prime_discovery" target="_blank" class="tabitem">Stock Report Plus</a><a href="https://epaper.indiatimes.com/timesepaper/publication-the-economic-times,city-delhi.cms?source=freearticleshow&amp;medium=epaper_pdf&amp;campaign=prime_discovery" target="_blank" class="tabitem">ePaper</a><a href="https://epaper.indiatimes.com/wealth_edition.cms?source=freearticleshow&amp;medium=wealth_edition&amp;campaign=prime_discovery" target="_blank" class="tabitem">Wealth Edition</a></div><div class="primeStorySlider"><ul><li pos="1" class="tbl_item"><span data-ga-onclick="Prime Stories Widget Articleshow#Story Click - 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data-oop="0" data-loc="All" data-adtype="atf300" class="adSelector2 adsbg300 adMinH250 prime_ads"></div><!--/dfpads_all.cms?msid=115639170&adpos=atfpotime:23--><section class="mostSearchedStocks js_mostSearchedStocks mpNews mt20"><h2 class="heading3 heading">Most Searched Stocks</h2><table><tbody><tr><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/indian-railway-finance-corporation-ltd/stocks/companyid-12523.cms" title="IRFC Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">IRFC Share Price</a></td><td class="stockValue">147.05</td></tr><tr><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">4.91(3.45%)</span></td></tr><tr><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/suzlon-energy-ltd/stocks/companyid-1209.cms" title="Suzlon Energy Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Suzlon Energy Share Price</a></td><td class="stockValue">65.54</td></tr><tr><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">0.33(0.5%)</span></td></tr><tr><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/indian-renewable-energy-development-agency-ltd/stocks/companyid-4517.cms" title="IREDA Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">IREDA Share Price</a></td><td class="stockValue">191.75</td></tr><tr><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">6.25(3.37%)</span></td></tr><tr><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/tata-motors-ltd/stocks/companyid-12934.cms" title="Tata Motors Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Tata Motors Share Price</a></td><td class="stockValue">799.65</td></tr><tr><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">8.65(1.1%)</span></td></tr><tr><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/yes-bank-ltd/stocks/companyid-16552.cms" title="YES Bank Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">YES Bank Share Price</a></td><td class="stockValue">19.57</td></tr><tr><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">0.36(1.88%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/hdfc-bank-ltd/stocks/companyid-9195.cms" title="HDFC Bank Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">HDFC Bank Share Price</a></td><td class="stockValue">1777.1</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">31.5(1.81%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/nhpc-ltd/stocks/companyid-12536.cms" title="NHPC Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">NHPC Share Price</a></td><td class="stockValue">83.34</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">4.19(5.29%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/rail-vikas-nigam-ltd/stocks/companyid-18466.cms" title="RVNL Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">RVNL Share Price</a></td><td class="stockValue">444.0</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">23.81(5.67%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/state-bank-of-india/stocks/companyid-11984.cms" title="SBI Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">SBI Share Price</a></td><td class="stockValue">847.65</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">31.61(3.88%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/tata-power-company-ltd/stocks/companyid-12918.cms" title="Tata Power Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Tata Power Share Price</a></td><td class="stockValue">417.85</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">4.11(1.0%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/tata-steel-ltd/stocks/companyid-12902.cms" title="Tata Steel Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Tata Steel Share Price</a></td><td class="stockValue">144.95</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">2.17(1.52%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/adani-power-ltd/stocks/companyid-23479.cms" title="Adani Power Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Adani Power Share Price</a></td><td class="stockValue">462.35</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">1.91(0.42%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/one97-communications-ltd/stocks/companyid-2017785.cms" title="PayTM Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">PayTM Share Price</a></td><td class="stockValue">890.5</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per red">-10.46(-1.16%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/punjab-national-bank/stocks/companyid-11585.cms" title="PNB Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">PNB Share Price</a></td><td class="stockValue">104.65</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">4.84(4.84%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/zomato-ltd/stocks/companyid-57948.cms" title="Zomato Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Zomato Share Price</a></td><td class="stockValue">277.9</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">13.7(5.19%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/bharat-electronics-ltd/stocks/companyid-11945.cms" title="BEL Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">BEL Share Price</a></td><td class="stockValue">295.65</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">14.8(5.27%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/bharat-heavy-electricals-ltd/stocks/companyid-11831.cms" title="BHEL Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">BHEL Share Price</a></td><td class="stockValue">244.66</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">10.28(4.39%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/infosys-ltd/stocks/companyid-10960.cms" title="Infosys Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Infosys Share Price</a></td><td class="stockValue">1897.9</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per red">-4.35(-0.23%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/indian-railway-catering-tourism-corporation-ltd/stocks/companyid-16705.cms" title="IRCTC Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">IRCTC Share Price</a></td><td class="stockValue">820.85</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">12.25(1.52%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/itc-ltd/stocks/companyid-13554.cms" title="ITC Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">ITC Share Price</a></td><td class="stockValue">476.75</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">2.11(0.45%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/jio-financial-services-ltd/stocks/companyid-14555.cms" title="Jio Financial Services Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Jio Financial Services Share Price</a></td><td class="stockValue">319.45</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">5.65(1.81%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/life-insurance-corporation-of-india/stocks/companyid-5050.cms" title="LIC Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">LIC Share Price</a></td><td class="stockValue">905.1</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">15.61(1.76%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/reliance-industries-ltd/stocks/companyid-13215.cms" title="RIL Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">RIL Share Price</a></td><td class="stockValue">1296.95</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">31.55(2.5%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/hindustan-aeronautics-ltd/stocks/companyid-9206.cms" title="HAL Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">HAL Share Price</a></td><td class="stockValue">4291.0</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">179.65(4.37%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/jaiprakash-power-ventures-ltd/stocks/companyid-1513.cms" title="JP Power Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">JP Power Share Price</a></td><td class="stockValue">16.4</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">0.1(0.62%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/nbcc-india-ltd/stocks/companyid-4531.cms" title="NBCC Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">NBCC Share Price</a></td><td class="stockValue">95.14</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">6.02(6.75%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/tata-consultancy-services-ltd/stocks/companyid-8345.cms" title="TCS Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">TCS Share Price</a></td><td class="stockValue">4297.5</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">52.9(1.25%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/vedanta-ltd/stocks/companyid-13111.cms" title="Vedanta Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Vedanta Share Price</a></td><td class="stockValue">445.8</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">0.45(0.11%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/wipro-ltd/stocks/companyid-12799.cms" title="Wipro Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Wipro Share Price</a></td><td class="stockValue">587.2</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">15.56(2.73%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/indian-oil-corporation-ltd/stocks/companyid-11924.cms" title="Indian Oil Corp. Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Indian Oil Corp. Share Price</a></td><td class="stockValue">137.06</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">4.45(3.36%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/ircon-international-ltd/stocks/companyid-11980.cms" title="Ircon Intl. Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Ircon Intl. Share Price</a></td><td class="stockValue">196.94</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">9.38(5.01%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/steel-authority-of-india-sail-ltd/stocks/companyid-11974.cms" title="SAIL Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">SAIL Share Price</a></td><td class="stockValue">114.59</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">1.77(1.56%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/sjvn-ltd/stocks/companyid-18460.cms" title="SJVN Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">SJVN Share Price</a></td><td class="stockValue">110.91</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">3.35(3.11%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/gail-india-ltd/stocks/companyid-4845.cms" title="GAIL Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">GAIL Share Price</a></td><td class="stockValue">198.95</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">6.34(3.3%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/housing-and-urban-development-corporation-ltd/stocks/companyid-4516.cms" title="HUDCO Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">HUDCO Share Price</a></td><td class="stockValue">216.2</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">10.22(4.97%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/rec-ltd/stocks/companyid-4616.cms" title="REC Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">REC Share Price</a></td><td class="stockValue">527.15</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">20.9(4.13%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/reliance-power-ltd/stocks/companyid-4422.cms" title="Reliance Power Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Reliance Power Share Price</a></td><td class="stockValue">36.36</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">1.32(3.74%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/tata-technologies-ltd/stocks/companyid-4612.cms" title="Tata Technologies Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Tata Technologies Share Price</a></td><td class="stockValue">953.0</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">11.8(1.26%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/vodafone-idea-ltd/stocks/companyid-3154.cms" title="Vodafone Idea Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Vodafone Idea Share Price</a></td><td class="stockValue">6.75</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">0.09(1.2%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/adani-enterprises-ltd/stocks/companyid-9074.cms" title="Adani Ent. Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Adani Ent. Share Price</a></td><td class="stockValue">2328.85</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">100.85(4.53%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/adani-green-energy-ltd/stocks/companyid-64847.cms" title="Adani Green Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Adani Green Share Price</a></td><td class="stockValue">1063.65</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">11.86(1.13%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/adani-ports-special-economic-zone-ltd/stocks/companyid-20316.cms" title="Adani Ports SEZ Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Adani Ports SEZ Share Price</a></td><td class="stockValue">1172.95</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">36.21(3.19%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/ashok-leyland-ltd/stocks/companyid-14041.cms" title="Ashok Leyland Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Ashok Leyland Share Price</a></td><td class="stockValue">233.4</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">9.44(4.22%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/bank-of-baroda/stocks/companyid-12040.cms" title="Bank of Baroda Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Bank of Baroda Share Price</a></td><td class="stockValue">247.2</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">11.2(4.75%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/bse-ltd/stocks/companyid-2809.cms" title="BSE Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">BSE Share Price</a></td><td class="stockValue">4897.05</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">177.11(3.76%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_6"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/canara-bank/stocks/companyid-9218.cms" title="Canara Bank Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Canara Bank Share Price</a></td><td class="stockValue">100.55</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_6"><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">3.54(3.65%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_6"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/central-depository-services-india-ltd/stocks/companyid-4259.cms" title="CDSL Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">CDSL Share Price</a></td><td class="stockValue">1559.95</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_6"><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">19.71(1.28%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_6"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/coal-india-ltd/stocks/companyid-11822.cms" title="Coal India Ltd Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Coal India Ltd Share Price</a></td><td class="stockValue">421.25</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_6"><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">7.2(1.74%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_6"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/hfcl-ltd/stocks/companyid-13649.cms" title="HFCL Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">HFCL Share Price</a></td><td class="stockValue">127.6</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_6"><td class="brdrbt"><span class="dateTimeStock">12:46 PM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">1.32(1.05%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_6"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/idfc-first-bank-ltd/stocks/companyid-62245.cms" title="IDFC First Bank Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">IDFC First Bank Share Price</a></td><td class="stockValue">65.5</td></tr><tr class="hide 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the Fed's preferred measure of underlying inflation - is projected to have risen by 0.3% in October from September, and by 2.8% from a year earlier, in what would be the largest advance since April.", "datePublished": "2024-11-25T05:41:00+05:30", "dateModified": "2024-11-25T05:44:00+05:30", "url":"https://economictimes.indiatimes.com/markets/stocks/news/stubborn-inflation-set-to-reinforce-feds-go-slow-approach/articleshow/115639170.cms", "mainEntityOfPage":"https://economictimes.indiatimes.com/markets/stocks/news/stubborn-inflation-set-to-reinforce-feds-go-slow-approach/articleshow/115639170.cms", "articleSection" : "Markets", "articleBody":"London: US inflation figures in the coming week that are seen showing stubborn price pressures will reinforce the Federal Reserve's cautionary posture toward future interest-rate cuts.The personal consumption expenditures price index excluding food and energy - the Fed's preferred measure of underlying inflation - is projected to have risen by 0.3% in October from September, and by 2.8% from a year earlier, in what would be the largest advance since April.The report is also expected to reveal resilient household spending and steady income growth at the start of the fourth quarter. Consumer outlays, unadjusted for price changes, are forecast to climb 0.4% after a 0.5% advance the previous month. Personal income is seen rising 0.3% for a second month, buoyed by healthy yet moderating job growth.While Fed policymakers will receive another set of inflation data - the November consumer and producer price indexes - before their December 17-18 meeting, they won't see another PCE price gauge as they debate whether to lower rates.The income and spending report packs the biggest punch for investors during a Wednesday data barrage ahead of the Thanksgiving Day holiday. The government that day will also release revised third-quarter gross domestic product, durable goods orders, jobless claims and merchandise trade deficit figures.On Tuesday, investors will parse minutes of the Fed's early-November meeting for hints of policymakers' appetite for a third straight rate cut next month. As of Friday, market participants assigned slightly better than even odds for another quarter-point reduction.Turning north, Canada's third-quarter gross domestic product on Friday may help officials decide between a second 50 basis-point rate cut or a more cautious 25 basis-point move in December. Output data pointed to 1% growth, but economists expect the expenditure-based figures to land closer to a central bank estimate of 1.5% annualized expansion, supporting the case for more gradual reductions.Elsewhere, Chinese survey numbers, a likely pickup in euro-area inflation, and monetary decisions - including a possible large rate cut in New Zealand - are among the highlights.", "image": { "@type": "ImageObject", "url": "https://img.etimg.com/thumb/msid-115639181,resizemode-4,width-1200,height-900,imgsize-196518,overlay-etmarkets/articleshow.jpg", "width": 1200, "height": 900 }, "author": { "@type": "Thing", "name": "Bloomberg" }, "publisher": { "@type": "NewsMediaOrganization", "name": "Economic Times", "logo": { "@type": "ImageObject", "url": "https://img.etimg.com/thumb/msid-76939477,width-600,height-60,quality-100/economictimes.jpg", "width": 600, "height": 60 } } , "isAccessibleForFree" : "https://schema.org/False", "hasPart": { "@type": "WebPageElement", "isAccessibleForFree": "https://schema.org/False", "cssSelector" : ".paywall" }, "isPartOf": { "@type": ["CreativeWork", "Product"], "name" : "Economic Times", "productID": "prime.economictimes.indiatimes.com:prime" } }</script><script type="application/ld+json"> { "@context": "https://schema.org/", "@type" : "WebPage", "name" : "Stubborn inflation set to reinforce Fed's go-slow approach", "speakable" : { "@type": "SpeakableSpecification", "cssSelector" : [".article_wrap h1", ".artSyn h2"] }, "url": "https://economictimes.indiatimes.com/markets/stocks/news/stubborn-inflation-set-to-reinforce-feds-go-slow-approach/articleshow/115639170.cms" } </script><script type="text/javascript"> //set iframe height on load (function(){ $('#toispecials-iframe').height($(window).height()); })(); /* function scrollIframeToTop() { setTimeout(function() { $('body, html').animate({ scrollTop: $menuEl.offset().top }, 800); }, 500); } scrollIframeToTop(); */ </script><script> var countryCode = window.geoinfo && geoinfo.CountryCode; if (countryCode === "IN"){ $('.inSideInd').addClass("show"); $('.outsideInd').remove(); } else{ $('.outsideInd').addClass("show"); $('.inSideInd').remove(); } window.onload = function() { // setFont(); }; </script><div class="blocker_wrap hidden"><section class="font_mon login_blocker hidden"><div class="lb_head tac">Continue reading with one of these options:</div><div class="lb_box_cont"><div class="lb_box"><div class="lb_boxb"><div class="lb_boxh">Limited Access</div><div class="lb_boxt">Free</div><div class="lb_boxd">Login to get access to some exclusive stories<br> &amp; personalised newsletters</div><div onclick="objPrimePaywall.cta('login')" class="lb_boxbtn">Login Now</div></div></div><div class="lb_box"><div class="lb_boxb"><div class="lb_boxh">Unlimited Access</div><div class="lb_boxt lb_pr">Starting @ Rs120/month</div><div class="lb_boxd">Get access to exclusive stories, expert opinions &amp;<br> in-depth stock reports</div><div onclick="objPrimePaywall.cta('plan')" class="lb_boxbtn">Subscribe Now</div></div></div></div></section><div class="loader_box"><div class="spinner"><div class="loading-text">ET</div></div></div><section class="font_mon prime_paywall"><style> .articleBlockerWrap {width: 650px;background: #ffe9e2;height: 251px;display: none;margin: 2% auto 2%;box-shadow: 0 12px 20px 0 rgb(0 0 0 / 13%);} .articleBlocker {background: #ffe9e2;border: 7px solid white;padding: 28px 22px;width: 567px;margin: auto;text-align: left;position: relative;min-height: 149px;} .articleBlocker h4 {font-size: 24px;font-weight: bold;line-height: 1.27;} .articleBlocker p {font-size: 16px;margin: 15px 0;} .articleBlocker button {background: #ed193b;color: white;font-size: 16px;font-weight: 800;margin: auto;width: 215px;height: 37px;border-radius: 2px;position: absolute;animation: .18s linear infinite alternate slide;} @keyframes slide {from {left: 15px;}to {left: 30px;;}} .articleBlocker button:hover {animation-play-state: paused;cursor: pointer;} .articleBlocker img {position: absolute;right: 22px;height: 120px;bottom: 0;} </style><div data-paywall="true" data-grx-impression="Subscription Flow ET Articleshow Blocker#Scroll Blocker Impression#Blocker layer Viewed" class="articleBlockerWrap"><div class="articleBlocker"><h4>Uh-oh! 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height: 50px; font-family: 'Montserrat'; border-radius: 2px; margin: 0 30px 20px; text-transform: capitalize; box-shadow: 0 2px 4px 0 rgb(0 0 0 / 20%);} .subscribe_flow .subscribe_btn.c_swg {background: #FFF; color: #000; border: 1px solid #dddddd; padding: 9px; font-size: 18px; font-weight: 600;box-shadow: 0 2px 4px 0 rgb(0 0 0 / 20%);} .subscribe_btn.c_swg .ntext {display:none;} .subscribe_btn.c_swg .gtext {display:inline;} .paywall_login {margin: 0 0 16px 0;} .single_planoffer .offer {margin: 10px 0 20px; font-size: 22px; font-weight: 500; text-align: center;} .thumb_rgt {position: absolute; bottom: -10px; right: -10px; height: 217px; width: 165px;} .thumb_lft {position: absolute; bottom: -10px; left: -10px; height: 124px; width: 94px;} .gift_error_text { font-size: 28px; font-weight: bold; margin-bottom: 10px} .brd_wrap {min-height: 180px;} </style><div data-paywall="true" data-grx-impression="Subscription Flow ET Articleshow Blocker#Scroll Blocker Impression#Blocker layer Viewed" class="brd_wrap exp_single_planoffer hidden"><style> .brd_wrap.exp_single_planoffer {border: 10px solid #f7d8ce; padding-top: 40px; padding-bottom: 0; background: #ffe9e2; position: relative} .exp_single_planoffer .sub_info {font-size: 20px;} .exp_single_planoffer .placeholder_primeimg{position: absolute; top: -27px; left: -30px; height: 367px; width: 211px; z-index: -1;} .exp_single_planoffer .main_heading {font-size: 42px; margin: 5px 0 20px;font-family: Faustina; position: relative;display: inline-block; z-index: 2} .exp_single_planoffer .sale_name {font-size: 30px; font-weight: 500; text-align: center; color: #ed193b;font-family: Faustina;} .exp_single_planoffer .sale_price {font-family: Faustina; font-size: 50px; font-weight: bold;} .exp_single_planoffer .billing_value {font-size: 20px; margin: 12px 0 35px;} .exp_single_planoffer .so_subbtn { font-size: 28px; font-weight: 600; width: 310px; height: 57px; line-height: 57px; padding: 00; border-radius: 2px; box-shadow: 0 8px 14px 0 rgb(237 25 59 / 40%); text-transform: capitalize;} .exp_single_planoffer .paywall_login {margin-top:25px; font-size: 20px;} .exp_single_planoffer .sale_price_ann {font-weight: 600; margin-right: 5px;} .exp_single_planoffer .offer_sec {text-align: center;background: #fff; width: 100%; margin-left: -33px; padding: 33px; margin-top: 25px;} .exp_single_planoffer .offer_sec_heading {font-size: 26px; font-weight: 600;} .exp_single_planoffer .offer_sec_subheading {font-size: 20px; font-weight: 500; margin: 8px 0 20px} .exp_single_planoffer .offer_sec_link {font-size: 20px; color: #ed193b; cursor: pointer; text-decoration: underline} .abicon_sprite {background: url(https://img.etimg.com/photo/msid-83602059,quality-100/icons-blocker-sprite.jpg) no-repeat; display: inline-block; background-size: 867px 856px;;} .rightarw {width: 41px; height: 82px; background-position: -185px -502px; position: absolute; right: 0; top: 0; z-index: 1; bottom: 0; margin: auto auto;} .leftarw {width: 41px; height: 82px; background-position: -185px -502px; transform: rotate( 180deg ); position: absolute; left: 0; top: 0; z-index: 1; bottom: 0; margin: auto auto;} </style><div class="gift_error hidden"><span class="sg_sprite error_icon"></span><p class="gift_error_text"></p></div><div data-ga-action="SYFT | Flow Started"><img class="lazy thumb_lft" data-original="https://img.etimg.com/photo/115168527.cms"><img class="lazy thumb_rgt" data-original="https://img.etimg.com/photo/115168361.cms"><p class="sub_info">To read full story, subscribe to ET Prime</p><span class="main_heading"><img class="lazy placeholder_primeimg" data-original="https://img.etimg.com/photo/89480668.cms"> Get Unlimited Access to The Economic Times </span><p class="sale_price">₹34 per week</p><p class="billing_value"> Billed annually at <strike>₹2499</strike><span class="sale_price_ann"> ₹1749</span></p><button data-ga-onclick="Subscription Flow ET#SYFT | Flow Started#Single plan on paywall" class="so_subbtn" data-url="https://economictimes.indiatimes.com/plans.cms?planGroup=ETPNoTrial&amp;plancode=etprAnnualPlanWithOutTrialNonRec&amp;dc=SS10"><span class="ntext">Continue</span></button><div class="paywall_login hidden">Already a Member? <span class="sign-in_btn">Sign In now</span></div><div class="offer_sec"><p class="offer_sec_heading">Super Saver Sale - Flat 30% Off</p><p class="offer_sec_subheading">On ET Prime Membership</p><a data-ga-onclick="Subscription Flow ET#SYFT | Flow Started#Single plan on paywall with Offer" class="offer_sec_link" href="https://economictimes.indiatimes.com/plans.cms">Claim Offer &raquo; </a></div></div></div><style> .bp_subheading {font-size: 16px; color: #4a4a4a; font-weight: normal;} .generic_blocker_new_v2 ul {list-style: none; width: 700px; margin: 16px auto;} .generic_blocker_new_v2 .b_item {min-width: 300px; height: 80px; border: 1px solid #efefef; font-size: 14px; vertical-align: top; margin: 8px; display: inline-flex; align-items: center; justify-content: center;} .generic_blocker_new_v2 .b_item .b_label {width: 207px; text-align: left; margin-left: 16px; font-size: 16px; font-weight: 500;} .generic_blocker_new_v2 .bp_subheading{padding-bottom:28px} .benefits_sprite {background: url(https://img.etimg.com/photo/msid-100163705,quality-100/article-sprite.jpg) no-repeat;display: inline-block;background-size: 606px 153px;} .story {background-position: -200px -56px; width: 44px; height: 41px;} .stocks_report {background-position: -351px -56px; width: 46px; height: 40px;} .digital_paper {background-position: -53px -56px; width: 39px; height: 42px;} .stock_research {background-position: -509px -56px; width: 42px; height: 42px;} .paywall_msg{padding-bottom: 8px; } .campign_sec{margin:33px -33px -33px} </style><div data-ga-category="Subscription Flow" data-paywall="true" data-grx-impression="Subscription Flow ET Articleshow Blocker#Scroll Blocker Impression#Blocker layer Viewed" class="brd_wrap generic_blocker_new_v2 hidden" style="border: 10px solid #FFE9E2"><div class="paywall_login hidden">Already a Member? <span class="sign-in_btn">Sign In now</span></div><h3 class="paywall_msg"></h3><h3 class="bp_subheading">Unlock this story and enjoy all members-only benefits.</h3><button data-ga-onclick="Subscription Flow ET#SYFT | Flow Started#Articleshow box CTA wBenefit" class="subscribe_btn">Subscribe Now</button><div class="campign_sec skip_inswg" style="background-color: #FFF0EC"><img class="lazy thumb_lft"><img class="lazy thumb_rgt"><div data-set="0" class="dyn_pricing_item hidden" data-minrange="0" data-maxrange="0.499999"><p class="heading">Offer Exclusively For You</p><p class="subheading">Save up to Rs. 700/-</p><p class="desc">ON ET PRIME MEMBERSHIP</p><a class="plans_btn">Avail Offer</a></div><div data-set="1" class="dyn_pricing_item hidden" data-minrange="0.5" data-maxrange="0.59999999"><p class="heading">Offer Exclusively For You</p><p class="subheading">Get 1 Year Free</p><p class="desc">With 1 and 2-Year ET prime membership</p><a class="plans_btn">Avail Offer</a></div><div data-set="2" class="dyn_pricing_item hidden" data-minrange="0.6" data-maxrange="0.69999999"><p class="heading">Offer Exclusively For You</p><p class="subheading">Get 1 Year Free</p><p class="desc">With 1 and 2-Year ET prime membership</p><a class="plans_btn">Avail Offer</a></div><div data-set="3" class="dyn_pricing_item hidden" data-minrange="0.7" data-maxrange="0.79999999"><p class="heading">Offer Exclusively For You</p><p class="subheading">Get Flat 40% Off</p><p class="desc">Then ₹ 1749 for 1 year</p><a class="plans_btn">Avail Offer</a></div><div data-set="4" class="dyn_pricing_item hidden" data-minrange="0.8" data-maxrange="1"><p class="heading">Offer Exclusively For You</p><p class="subheading">ET Prime at ₹ 49 for 1 month</p><p class="desc">Then ₹ 1749 for 1 year</p><a class="plans_btn">Avail Offer</a></div><div data-set="5" class="dyn_pricing_item hidden"><p class="heading">Special Offer</p><p class="subheading">Get flat 35% off on ETPrime</p><p class="desc"></p><a class="plans_btn">Avail Offer</a></div><div data-set="6" class="dyn_pricing_item hidden"><p class="heading"></p><p class="subheading"></p><p class="desc"></p><a class="plans_btn">Avail Offer</a></div><div class="stu_of"><a class="plans_btn" style="border: 0px; font-size: 18px; font-weight: 400; text-decoration: underline;"></a></div></div></div><style> .ipadapp_blocker {border: 10px solid #FFE9E2; padding: 33px; position: relative;} .ipad_title {font-size: 30px; padding-bottom: 10px; font-weight: 600;} .ipadapp_btn {font-size: 20px; color: #ffffff; font-weight: 500; background-color: #ed193b; display: inline-block; cursor: pointer; padding: 11px 30px; min-width: 150px; min-height: 24px; margin: 20px; text-decoration: none;} .ipadapp_btn:hover {text-decoration: none;} </style><div class="ipadapp_blocker hidden" style="border: 10px solid #FFE9E2"><p class="ipad_title">90 Days Prime access worth Rs999 unlocked for you</p><a class="ipadapp_btn">Claim Now</a><div class="paywall_login">Already a Member? <span class="sign-in_btn">Sign In now</span></div></div></div><script> var isPaywallMoved = 0; // ET-17548 function storyCollectionLoad() { var _processNormal = function () { $('#paidSCWidget').attr('data-onload', '').removeClass('load_done').html(''); 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'100' : ''; var sectionName = artNode.sectionName || '-'; var clickEvent = 'Story Collection on Paywall - Click_Missed paid articles#' + sectionName + '#' + (i+1) + ' - href'; listing += '<li class="stry_item"><span class="title_block" title="' + artNode.hl + '" data-ga-onclick="' + clickEvent + '" href="' + artNode.ga + '" data-conttype="' + artNode.ga + '"><img title="' + artNode.hl + '" alt="' + artNode.hl + '" height="177" width="236" src="' + artNode.im + '"></span><div class="content"><a title="' + artNode.hl + '" data-ga-onclick="' + clickEvent + '" href="' + artNode.ga + '" class="stry_title font_faus" data-conttype="' + conttype + '" data-hostid="' + artNode.hostid + '">' + artNode.hl + '</a></div></li>'; }); } if(listing) { var h3 = "You tried reading " + listArr.length + " locked stories in the past " + threshold + " days.", h4 = "Become an ET Prime member and don't miss out on these exclusive stories."; var html = '<div data-ga-impression="Story Collection on Paywall - Impression_Missed paid articles#Story Collection on Paywall - Impression_Missed paid articles#url" id="paywallStoriesSlider_freeArt"><div class="prel"><h3 class="section_heading" style="margin-bottom: 10px;">' + h3 + '</h3><h4 class="section_heading2" style="font-size:24px;text-align: center;margin-bottom: 10px;font-weight: 500;">' + h4 + '</h4><div class="slider_listing_sc"><div class="overh"><div><ul class="listing_wrapper">' + listing + '</ul></div></div><div class="nextprev-btn"><span class="prev-btn leftarw abicon_sprite disable"></span><span class="next-btn rightarw abicon_sprite"></span></div><div class="ts-dots flt hide"></div></div></div></div>'; $('#paidSCWidget').html(html); var callback = $('#paidSCWidget').attr('data-callback'); if(callback && window[callback]) { window[callback](); } customDimension.dimension72 += ' | Shown SYFT no Trial_With Missed Paywalled Articles Collection'; } else { _processNormal() } } }); } else { _processNormal(); } } catch (e) { _processNormal(); } }, function () { _processNormal(); }); //console.log('storyCollectionLoad', $); } </script><div id="missedStoriesWidget"></div><div id="newArticleBlocker"></div><div id="benifitsSection"><div class="f_list"><h3 class="tac normal"><span class="prel">Why <span class="cSprite ePrime"></span>?</span></h3><ul><li><img src="https://img.etimg.com/photo/42031747.cms" class="lazy" data-original="https://img.etimg.com/photo/msid-74493815,quality-100,imgsize-10394/exclusive-economic-times-stories-editorials-expert-opinion-across-20-sectors.jpg"><div class="fl_i_title"><Story><p><strong></strong><strong></strong><strong>Exclusive Economic Times Stories, Editorials &amp; Expert opinion</strong> across 20+ sectors</p></Story></div></li><li><img src="https://img.etimg.com/photo/42031747.cms" class="lazy" data-original="https://img.etimg.com/photo/msid-74493814,quality-100,imgsize-1791/stock-analysis-market-research-industry-trends-on-4000-stocks.jpg"><div class="fl_i_title"><Story><p><strong></strong><strong>Stock analysis. Market Research. Industry Trends</strong> on 4000+ Stocks<strong></strong><strong></strong></p></Story></div></li><li><img src="https://img.etimg.com/photo/42031747.cms" class="lazy" data-original="https://img.etimg.com/photo/msid-74493812,quality-100,imgsize-12280/clean-experience-with-minimal-ads.jpg"><div class="fl_i_title"><Story>Clean experience with<br><strong>Minimal Ads</strong></Story></div></li><li><img src="https://img.etimg.com/photo/42031747.cms" class="lazy" data-original="https://img.etimg.com/photo/msid-74493806,quality-100,imgsize-24821/comment-engage-with-et-prime-community.jpg"><div class="fl_i_title"><Story><strong>Comment &amp; Engage</strong> with ET Prime community</Story></div></li><li><img src="https://img.etimg.com/photo/42031747.cms" class="lazy" data-original="https://img.etimg.com/photo/msid-74493810,quality-100,imgsize-19449/exclusive-invites-to-virtual-events-with-industry-leaders.jpg"><div class="fl_i_title"><Story>Exclusive invites to <strong>Virtual Events with Industry Leaders</strong></Story></div></li><li><img src="https://img.etimg.com/photo/42031747.cms" class="lazy" data-original="https://img.etimg.com/photo/msid-74493809,quality-100,imgsize-11126/a-trusted-team-of-journalists-analysts-who-can-best-filter-signal-from-noise.jpg"><div class="fl_i_title"><Story>A trusted team of <strong>Journalists &amp; Analysts </strong>who can best filter signal from noise<br></Story></div></li><li><img src="https://img.etimg.com/photo/42031747.cms" class="lazy" data-original="https://img.etimg.com/photo/msid-99030928,quality-100,imgsize-82843/get-1-year-complimentary-subscription-of-toi-worth-rs-799/-.jpg"><div class="fl_i_title"><Story><p>​Get <strong>1 Year Complimentary Subscription of TOI+</strong> worth Rs.799/-​</p></Story></div></li></ul></div></div></section><!--/etprime_paywall.cms?sec1id=1977021501&adaptive=1&blocker_type=adap-otherspotime:2--></div><div class="shadow_exitdlg"><div class="exitdlg_wrapper"><span class="close_btn"></span><p class="heading">Stories you might be interested in</p><ul></ul><div class="footer_nwsltr"><div class="flt"><span class="hdr_label">Subscribe to our</span><span class="subhdr_label">ET Investment Opportunities</span></div><div class="flr"><input placeholder="Enter your email id here" class="input_nwsltr" type="text"><button class="submit_btn" type="button">SUBMIT</button></div></div></div></div><script onerror="errorLogs(this)" src="https://economictimes.indiatimes.com/js_ettechpoll/v-5,minify-3.cms" type="text/javascript" defer></script><script> if(window.location.href.indexOf('.com/articleshow/') != -1){ grxEvent('event', {'event_category': 'articleshow', 'event_action': 'url_issue referrer: ' + document.referrer, 'event_label': window.location.href}); } </script></body></html>

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