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…
French inflation will be high in coming months before easing in mid-2023 -Le Maire
PARIS (Reuters) – France will have high inflation levels in the next few months, particularly regarding food items, before it will then likely ease in mid-2023, French Finance Minister Bruno Le Maire…
New Cleveland Fed data points to easing shelter inflation outlook
By Michael S. Derby NEW YORK (Reuters) – New data from the Cleveland Federal Reserve tracking housing sector inflation suggests one of the key drivers of soaring prices could be less of…
Biden comes under pressure over expected easing of U.S. asylum rules
By Jason Lange WASHINGTON (Reuters) – U.S. lawmakers, both Republicans and Democrats, on Sunday pressed Democratic President Joe Biden to take action to manage an expected wave of asylum seekers at America’s…
Brazil’s Guedes predicts monetary easing by mid 2023, GDP rising 3%
BRASILIA (Reuters) – Brazil’s Economy Minister Paulo Guedes projected on Thursday interest rates would start to fall by mid-2023 and the economy would expand by 3% again. Speaking at an event hosted…
Asian FX bulls return as easing China COVID curbs improves outlook: Reuters poll
By Upasana Singh (Reuters) – Investors were most bullish on the Singapore dollar and the Thai baht since the Russia-Ukraine conflict broke out in February, as China easing its strict COVID curbs…
China domestic searches for hotels surge after easing restrictions – KAYAK
(Reuters) – Travel website KAYAK, owned by Booking Holdings Inc, said domestic searches for hotels within China surged last week, after the country loosened its COVID-19-related restrictions. KAYAK on Friday said searches…
Bank of Korea: will adjust policy when more certain of inflation easing
SEOUL (Reuters) – South Korea’s central bank said on Thursday it would change its aggressive policy tightening stance when it becomes more certain that inflation and economic growth are slowing, without giving…
‘Daylight is here’: China travel searches surge as public cheers COVID easing
By Sophie Yu and Martin Quin Pollard BEIJING (Reuters) – Searches on Chinese travel sites surged and social media platforms were flooded with delight and relief on Wednesday as the public cheered…
Investors bet China’s rally on easing COVID curbs will be furious but fleeting
By Jason Xue and Summer Zhen SHANGHAI/HONG KONG (Reuters) – Investors piling into China’s tourism, catering and beverage stocks as Beijing eases strict COVID-19 curbs are also keeping an eye on the…
Mexico headline inflation seen easing in early November, core inflation up: Reuters Poll
MEXICO CITY (Reuters) – Mexico’s annual headline inflation is forecast to have eased in the first half of November but to have stayed well above official targets, a Reuters poll showed Tuesday,…
Turkey to end easing next week with one last rate cut to 9%: Reuters poll
By Ezgi Erkoyun and Ali Kucukgocmen ISTANBUL (Reuters) – Turkey’s central bank is expected to cut rates by another 150 basis points next week to 9% and halt the easing thereafter, a…
China, HK stocks rebound sharply on unverified social media posts over COVID easing
SHANGHAI (Reuters) – Hong Kong and China stocks jumped on Tuesday after rumours based on an unverified note circulating on social media that China was planning a reopening from strict COVID curbs…
Easing Back into Holiday? Denny’s Turkey & Dressing Dinner Pack is Here to Provide a Convenient and Delicious Thanksgiving Dinner
America’s Diner will also be open on Thanksgiving Day Spartanburg, SC (-) Denny’s is bringing back its annual festive family-style Turkey & Dressing Dinner Pack, offering guests another year of stress-free fixings…
U.S. lawmakers skeptical of potential easing of Venezuela sanctions
By Julia Symmes Cobb BOGOTA (Reuters) – United States senators said on Wednesday they are skeptical of a potential easing of sanctions on Venezuela, amid meetings in Washington between the Biden administration…
Russia says grain deal extension ‘directly depends’ on easing restrictions on its exports
(Reuters) – Russia on Monday told a top United Nations representative that the extension of a landmark Black Sea grain deal was dependent on the West easing Russia’s own agricultural and fertiliser…
Argentina inflation undershoots, easing pressure to hike rates
By Walter Bianchi BUENOS AIRES (Reuters) – Argentina’s monthly inflation rate came in lower than expected in September, a rare reprieve for the embattled economy and struggling residents, which may allow the…
U.S. service sector growth solid in September; price pressures easing – ISM survey
WASHINGTON (Reuters) – The U.S. services industry slowed modestly in September, while employment surged and a measure of prices paid by businesses for inputs fell to more than a 1-1/2-year low, suggesting…
New Zealand finance minister sees inflation easing but no quick drop
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s finance minister Grant Robertson said on Tuesday that inflation is likely to moderate but it won’t be a quick drop back to the levels…
Argentina inflation, heading towards 100%, seen easing back from July peak
By Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s inflation rate, heading towards 100% this year, likely eased in August versus a 20-year peak the month before, analysts polled by Reuters said, bringing…
Bearing the scars: One year of Turkey’s unorthodox easing cycle
By Canan Sevgili GDANSK (Reuters) – Nearly 12 months ago, Turkey’s central bank embarked on a rate-cutting cycle in the face of soaring inflation, defying traditional monetary policy and running against a…
Brazil cenbank not focussed on monetary easing now, says governor
BRASILIA (Reuters) – Brazil’s central bank chief Roberto Campos Neto said that policymakers aren’t focusing on monetary easing at the moment as the priority remains on bringing back inflation to the official…
Inflation may be easing, Biden says in response to jobs report
WASHINGTON (Reuters) – President Joe Biden said on Friday that there are some signs that inflation may be easing, as he responded to the Labor Department’s report that jobs increased by 315,000…
Japan’s wholesale inflation moderates on easing global commodity pressure
By Leika Kihara TOKYO -Japanese wholesale prices rose 8.6% in July from a year earlier, data showed on Wednesday, slowing from the previous month’s pace in a sign inflationary pressure from higher…
Fed’s Mester says she needs to see ‘several months’ of inflation easing
(Reuters) – Cleveland Federal Reserve Bank President Loretta Mester reiterated on Thursday that she will need to see several months of inflation coming back down towards the U.S. central bank’s 2% target…
Chip crunch easing could weigh on pricing power, Tavares says
MILAN – A slow but steady improvement in the chip supply situation over the next year will eventually limit automakers’ pricing power that has been boosting earnings across the industry in recent…
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