China's consumer inflation recorded the biggest jump in more than three years, as an extended holiday bolstered spending.

February’s figures, which will be released on Wednesday, are forecast to show a 2.5 per cent annual increase in the consumer price index, up from a 2.4 per cent rise in January. That reading had prompted traders to boost their bets on interest rate cuts later this year from the Federal Reserve.

TOKYO, March 9 (Reuters) - IMF Managing Director Kristalina Georgieva on Monday warned of inflation risks from the Middle East conflict, saying a 10% increase in oil prices, if persistent through most of the year,

The Federal Reserve is still widely expected to hold interest rates steady when its officials next meet on March 17-18.

February CPI and January PCE inflation reports, housing market data, revisions to Q4 Gross Domestic Product, earnings from Oracle, Adobe, Dollar General

MEXICO CITY, March 9 (Reuters) - Mexico's annual inflation rate accelerated in February, landing higher than expectations and surpassing the central bank's target range, official data showed on Monday.

The China 'deflation doom loop' story certainly looks like it's aged poorly, as inflation continues to trend higher.

South African government bonds extended their worst selloff since the Covid pandemic as concern mounted that soaring oil prices and a weaker rand will fuel inflation, forcing the central bank to resume interest-rate increases.

By Johann M Cherian and Pranav Kashyap March 9 (Reuters) - Wall Street's main indexes dropped over 1% on Monday, as oil prices soared, exacerbating inflation fears as hostilities in the Middle East entered their tenth day.