US service sector expands moderately in March; price pressures easing
WASHINGTON (Reuters) – U.S. services industry growth slowed further in March, while a measure of prices paid by businesses for inputs dropped to a four-year low, which bodes well for the inflation…
Column-Searching for rift in Transatlantic easing :Mike Dolan
By Mike Dolan LONDON (Reuters) – After six months of churning interest rate speculation, few now doubt 2024 will see the three major Transatlantic central banks easing policy – the only quiz…
As pandemic ‘jobs hole’ closes, Fed finds labor market easing elusive
By Howard Schneider WASHINGTON (Reuters) – The U.S. economy ended last year with the labor scars from the COVID-19 pandemic effectively healed and a quandary for Federal Reserve policymakers so far waiting…
China’s yuan down on first trading day of 2024, policy easing eyed
SHANGHAI (Reuters) – China’s yuan eased against the dollar on the first trading day of the year on Tuesday, pressured by rising bets of monetary easing after factory activity reinforced the uneven…
Japan prepares for missile shipments after easing arms export restrictions
By Sakura Murakami (Reuters) -Japan said on Friday it would prepare to ship Patriot air defence missiles to the United States after revising its arms export guidelines earlier that day, in the…
Brazil’s central bank reaffirms easing pace amid unanchored inflation expectations
BRASILIA (Reuters) – Brazil’s central bank stressed on Thursday that despite recent downward surprises in current inflation, expectations for the coming years remain above the official target, reaffirming its intention to keep…
Mexico inflation likely accelerated in early December, core rate seen easing: Reuters poll
MEXICO CITY (Reuters) – Mexican headline inflation likely increased in the first half of December, a Reuters poll showed on Wednesday, while the closely monitored core rate likely continued its decline. The…
Factbox-Key moments in Fed easing history since 1994
(Reuters) – Since 1994 when the Federal Reserve first began issuing a statement announcing actions taken at each monetary policy meeting, it has initiated new interest-rate cutting cycles or has returned to…
Pakistan cenbank to hold rates steady as inflation seen easing- Reuters poll
By Ariba Shahid KARACHI (Reuters) – Pakistan’s central bank is expected to hold its key rate steady at a fourth straight policy meeting on Tuesday, with inflation forecast to start easing in…
Jif parent JM Smucker tops profit expectations on easing costs, higher prices
(Reuters) – J.M. Smucker, which owns Jif peanut butter and Dunkin’ pre-made coffee, beat second-quarter profit expectations on Tuesday, helped by higher product pricing and easing input costs. Shares of the Ohio-based…
Fed’s Goolsbee expects easing shelter inflation to seal path to 2%
(Reuters) – Chicago Federal Reserve Bank President Austan Goolsbee on Friday said the U.S. central bank will “do what it takes” to bring inflation down to the Fed’s 2% goal, but that…
Homebuilder confidence weakens again but easing rates may brighten the outlook – NAHB
By Amina Niasse NEW YORK (Reuters) – U.S. home builder confidence weakened in November despite signs of easing mortgage rates that could bolster the outlook into the end of the year, according…
Japanese equities draw huge foreign inflows amid easing Fed rate hike fears
(Reuters) – Foreign investors were major buyers of Japanese equities last week, buoyed by robust corporate earnings and a broader global market rally amid expectations that the U.S. Federal Reserve may pause…
Mexico inflation still easing but rate cuts seen only next year
(Reuters) – Mexico’s inflation eased for the ninth consecutive month in October, data from national statistics agency INEGI showed on Thursday, remaining at its lowest since early 2021 ahead of a key…
ECB hiking campaign is over but no easing until at least July: Reuters poll
By Jonathan Cable LONDON (Reuters) – The European Central Bank’s rate hiking cycle is over, according to all 85 economists polled by Reuters, but it won’t be until at least July 2024…
U.S. has initial deal with Venezuela for sanctions easing if elections conditions agreed-sources
BOGOTA (Reuters) – The United States has reached a preliminary deal with Venezuela to ease sanctions if President Nicolas Maduro follows through on a commitments related to a 2024 election, two U.S.…
Singapore Aug core inflation rises 3.4%, seen easing
By Chen Lin SINGAPORE (Reuters) – Singapore’s key consumer price gauge rose 3.4% in August, almost matching economists’ forecasts, and easing compared with July’s figures due to lower inflation for services, food,…
Peru econ minister sees inflation easing to 5.2% in September
LIMA (Reuters) – Peru’s annual inflation could ease to 5.2% in September, Economy Minister Alex Contreras said in a press conference on Monday. Data from national statistics agency INEI showed that 12-month…
India cenbank says stabilising core inflation shows easing price pressures
MUMBAI (Reuters) – The Indian central bank sees stabilising core inflation, which excludes food and fuel prices, as a sign of easing price pressures in the economy. Vegetable prices eased in August…
ECB chief economist says easing inflation welcome but must continue -report
(Reuters) – European Central Bank Chief Economist Philip Lane expressed cautious optimism that inflation was slowing in an interview with an Irish business publication, but said a lot more data was needed…
Campbell Soup sees upbeat annual profit on easing costs, snack demand
By Deborah Mary Sophia (Reuters) – Campbell Soup forecast annual profit largely above Wall Street estimates on Thursday, encouraged by easing costs and steady demand for its snacks even as inflation-weary consumers…
S.African Reserve Bank to kick off easing cycle early next year -economists: Reuters poll
By Vuyani Ndaba JOHANNESBURG (Reuters) – The South African Reserve Bank is likely to leave its repo rate unchanged this year before kicking off a cutting cycle in early 2024, chopping 25…
Japan ministers say BOJ’s move wasn’t shift in monetary easing
By Kantaro Komiya TOKYO (Reuters) -The Bank of Japan’s Friday decision to make its yield curve control (YCC) more flexible was not deemed a shift in its monetary easing stance, Japan’s government…
Philippines central bank sees July inflation easing for sixth month
MANILA (Reuters) – Philippine headline inflation was expected to ease for a sixth straight month with the central bank on Monday projecting the rate in July to come in between 4.1% and…
Brazil set to kick off monetary easing with small rate cut on Aug 2: Reuters poll
By Luana Maria Benedito and Marcela Ayres SAO PAULO (Reuters) – Brazil’s central bank is poised for its first interest rate cut in three years on Wednesday, with most economists anticipating a…
Dem Gov Signs Bill Easing Abortion Limits After Fetal Viability
Dem Gov Signs Bill Easing Abortion Limits After Fetal Viability Kate Anderson on July 19, 2023 Democratic Maine Gov. Janet Mills signed an abortion bill Wednesday that allows the procedure after fetal…
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