Inflation Missed Expectations In January. Are We Just Stuck With High Inflation Forever?
Inflation Missed Expectations In January. Are We Just Stuck With High Inflation Forever? Will Kessler on February 14, 2024 The Bureau of Labor Statistics announced on Tuesday that inflation increased at a…
UK year-ahead inflation expectations rise to 5%: Citi/YouGov
LONDON (Reuters) -The British public’s expectations for inflation over the coming year rose in June but long-run expectations eased, according to a survey that will feed into the Bank of England’s next…
South Korea consumer sentiment extends gains, inflation expectations flat
SEOUL (Reuters) – Consumer sentiment in South Korea ticked further up in June to the highest in just over a year, while inflation expectations remained unchanged, a central bank survey showed on…
Peru’s GDP grows 0.31% in April, misses expectations
LIMA (Reuters) – Peru’s gross domestic product (GDP) expanded 0.31% in April compared with the same month last year, the government’s INEI statistics agency said on Thursday, nevertheless landing below analysts’ expectations.…
Brazil economists cut long-term inflation expectations, unchanged for months
BRASILIA/SAO PAULO (Reuters) – Brazilian economists have reduced their long-term inflation expectations, putting an end to months of unchanged projections that the central bank had cited as a cause for concern. According…
U.S. private payrolls beat expectations in May-ADP
WASHINGTON (Reuters) – U.S. private payrolls increased more than expected in May, suggesting that the labor market was slowing only gradually, which could result in the Federal Reserve keeping interest rates elevated…
South Korea consumer sentiment hits 1-year high, inflation expectations weaken
SEOUL (Reuters) – Consumer sentiment in South Korea improved in May to the highest level in a year, with their inflation expectations weakening, a central bank survey showed on Tuesday. The Consumer…
UK’s Melrose Industries lifts 2025 expectations on aerospace focus
(Reuters) – Melrose Industries Plc expects its engines business to power its profit margins in 2025 as aftermarket services would help boost cashflow, enabling it to buy back shares worth between 5%…
New Zealand Q2 average 1-yr inflation expectations ease to 4.28% – central bank survey
WELLINGTON (Reuters) – New Zealand’s near-term rate of inflation is expected to continue to ease over the coming two years, a survey showed on Monday. The Reserve Bank of New Zealand’s (RBNZ)…
KKR posts 26% drop in Q1 earnings, beating expectations
By Chibuike Oguh NEW YORK (Reuters) – KKR & Co Inc said on Monday its after-tax distributable earnings fell 26% year-on-year in the first quarter due to a sharp drop in asset…
UBS raises expectations for ECB’s terminal rate; SocGen sees it peaking at 4%
(Reuters) -Economists at UBS expect the benchmark interest rate in the eurozone to peak at 3.75%, while Societe Generale sees it at 4% after the European Central Bank (ECB) signalled more tightening…
Coterra Energy first-quarter profit beats expectations
(Reuters) – U.S. oil and gas exploration and production company Coterra Energy Inc beat profit expectations on Thursday, helped by sustained fuel demand and strong crude prices on tight supplies. On an…
Moncler’s sales up 23% in first quarter, beating expectations
MILAN (Reuters) -First quarter sales at Italian fashion group Moncler jumped by 23% at constant exchange rates, beating analysts’ expectations, boosted by Chinese demand and solid growth in the EMEA region. Overall…
German consumer morale picks up on income expectations – GfK
BERLIN (Reuters) – German consumer sentiment is set to pick up in May as moderating energy prices and expected wage increases help to dissipate households’ initial fears about a loss in purchasing…
South Korean consumers’ inflation expectations fall to 11-month low
SEOUL (Reuters) – South Korean consumers’ inflation expectations fell in April to the lowest in nearly a year, a central bank survey showed on Wednesday, while overall consumer sentiment hit a 10-month…
NVR beats quarterly profit expectations on higher home prices
(Reuters) – Homebuilder and mortgage banking company NVR Inc beat analysts’ expectations for first-quarter profit on Tuesday, helped by higher home prices. U.S. home prices have remained elevated as a shortage of…
JetBlue forecasts second-quarter profit above expectations on robust demand
(Reuters) – JetBlue Airways Corp forecast a better-than-expected second-quarter profit on Tuesday as the low-cost carrier remains confident about a robust recovery in leisure and international travel. Shares of the airline rose…
Builder PulteGroup beats results expectations on higher home prices
(Reuters) – U.S. homebuilder PulteGroup Inc on Tuesday beat Wall Street estimates for first-quarter profit and revenue as home prices stayed elevated amid limited supply. A shortage of homebuilding supplies had affected…
German economy likely grew in Q1, beating expectations – Bundesbank
FRANKFURT (Reuters) – The German economy is likely to have expanded in the last quarter on a rebound in industrial production, the Bundesbank said in a monthly report on Monday, revising its…
PPG Industries exceeds profit expectations, forecasts strong FY earnings
(Reuters) – PPG Industries Inc on Thursday surpassed street estimates, as the industrial coatings supplier accelerated its margin recovery on the back of higher prices and sales volumes, and forecast better-than-expected full-year…
Cleveland Fed report says near-term inflation expectations data now key
By Michael S. Derby (Reuters) – Contrary to how many Federal Reserve officials have tended to focus on longer-run inflation expectations data as a tool to divine real world price pressures, a…
Peru’s GDP declines 0.63% in Feb, beats expectations
(Reuters) – Peru’s gross domestic product (GDP) shrunk 0.63% in February compared with the same month last year, the government’s INEI statistics agency said on Saturday, beating expectations by analysts who forecast…
US consumer sentiment edges up in April; short-term inflation expectations rise
WASHINGTON (Reuters) – U.S. consumer sentiment inched up in April, but households expected inflation to rise over the next 12 months. The University of Michigan’s preliminary April reading on the overall index…
IMF lowers bar on expectations for Argentina’s FX reserves
By Rodrigo Campos and Jorgelina do Rosario NEW YORK (Reuters) – The International Monetary Fund (IMF) executive board approved changes to Argentina’s reserves accumulation target set in their $44 billion program, as…
Brazil formal job creation tops expectations in February
SAO PAULO (Reuters) – Brazil exceeded expectations in its formal job creation for February, with the labor ministry on Wednesday reporting a net result of 241,785 positions. That surpassed the expected 161,000…
UK factory price expectations fall to lowest since March 2021 – CBI
LONDON (Reuters) – A gauge of British manufacturers’ inflation expectations fell to its lowest in two years after output slid again in the three months to March, the Confederation of British Industry’s…
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