SEOUL (Reuters) – South Korean consumers’ inflation expectations inched up in January, with sentiment toward economic conditions and the outlook also improving, a central bank survey showed on Thursday. The…
Major American Manufacturer Cuts Sales Expectations, Lays Off Thousands John Hugh DeMastri on January 24, 2023 Major U.S. manufacturing firm 3M, the maker of Scotch tape among other popular office…
Wholesale Prices Drop Below Expectations, But Continue To Hammer Producers To Close Out 2022 John Hugh DeMastri on January 18, 2023 Wholesale prices dropped below investor expectations while still remaining…
BEIJING (Reuters) – China’s economy hit a bump in the fourth quarter, growing by 2.9% year-on-year, National Bureau of Statistics data showed on Tuesday, beating expectations but still underlining the…
By Michael S. Derby NEW YORK (Reuters) – U.S. households see weaker near-term inflation and are expecting notably less spending, even as they foresee their incomes continuing to rise, the…
Private Job Growth Smashes Expectations As Labor Market Stays Stubbornly Hot John Hugh DeMastri on January 5, 2023 Private firms shattered investor expectations for job growth in December, adding 235,000…
WASHINGTON (Reuters) – U.S. private payrolls increased more than expected in December, pointing to still-strong demand for labor despite higher interest rates. Private employment increased by 235,000 jobs last month,…
SEOUL (Reuters) – A major measure of the inflation expectations of South Korean consumers hit a seven-month low in December, underscoring the market’s view that the Bank of Korea’s policy…
MOSCOW (Reuters) – Inflationary expectations for the year ahead among Russian households edged lower in December to 12.1% from 12.2% in November, the central bank said in a report on…
Inflation Comes In Under Expectations But Continues To Run Red-Hot In November John Hugh DeMastri on December 13, 2022 Inflation undershot economist’s expectations in November, growing 0.1% on a monthly…
LONDON (Reuters) – The British public’s expectations for inflation over the medium term edged up last month – a source of concern for many BoE policymakers – although expectations for…
FRANKFURT (Reuters) – Euro zone consumer expectations for inflation in the year ahead rose in October but predictions for three years out held steady at a rate still well above…
Job Growth Shatters Expectations In November As Labor Market Stays Tight John Hugh DeMastri on December 2, 2022 The U.S. added 263,000 jobs in November, according to the Bureau of…
(Reuters) – Indonesia’s central bank governor Perry Warjiyo said on Friday inflation expectations were coming down rapidly after Bank Indonesia (BI) started hiking interest rates aggressively four months ago. He…
ZURICH (Reuters) – The Swiss economy grew a real 0.2% in the third quarter versus the second three months of 2022 and 0.5% year-on-year, official data showed on Tuesday, lagging…
By Carlos Vargas and Luis Jaime Acosta BOGOTA (Reuters) -Colombia’s economy grew 7% in the third quarter compared to a year earlier, the government’s DANE statistics agency said on Tuesday,…
FRANKFURT (Reuters) – Euro zone wage growth may finally be picking up but longer-term inflation expectations are still anchored around the European Central Bank’s 2% target, ECB Vice President Luis…
By Michael S. Derby (Reuters) – Americans are bracing for higher levels of inflation over the next few years amid a major jump in the expected price of gasoline, a…
BRASILIA (Reuters) – Economic activity in Brazil resumed expansion in September, though below expectations, still ending the quarter with positive data, central bank data showed on Monday. The IBC-Br economic…
SEOUL (Reuters) – South Korea’s central bank governor on Friday said recent dollar/won movement was in line with his expectations, as currency market movements seem to have stabilised compared with…
FRANKFURT (Reuters) – The European Central Bank will continue to focus on dampening demand and capping inflation expectations to prevent the current, fast price growth from taking hold in the…
MOSCOW (Reuters) – Russia’s finance ministry has significantly cut expectations of taxable oil production for 2023, according to the draft budget for the next three years, in the expectation Western…
MOSCOW (Reuters) – Inflationary expectations for the year ahead among Russian households rose in October to 12.8% from 12.5% in September, the central bank said in a report on Tuesday,…
BERLIN (Reuters) -German business morale fell slightly in October, though still beating analyst estimates, as companies expectations improved despite less satisfaction with their current business, a survey said on Tuesday.…
SHANGHAI (Reuters) – China’s central bank still has many policy tools to guide yuan expectations and the currency is unlikely to have persistent sharp depreciation, a former People’s Bank of…