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…
Analysis-Safe-havens and risk assets both rise as banking woes shift Fed expectations
By David Randall and Lewis Krauskopf NEW YORK (Reuters) – Worries over the banking crisis are boosting disparate assets, with traditional safe-havens such as gold, Treasuries and money markets seeing high demand…
Taiwan central bank says raising rates could help curb inflation expectations
TAIPEI (Reuters) – Taiwan’s deputy central bank governor said on Monday that raising interest rates may help curb inflation expectations, although also noting an aversion to raising rates during an export downturn.…
U.S. consumer sentiment ebbs in March; inflation expectations fall
WASHINGTON (Reuters) – U.S. consumer sentiment fell for the first time four months in March, though households expected inflation to subside over the next 12 months and beyond, a survey showed on…
UK public’s inflation expectations fall, BoE says
LONDON (Reuters) – The British public’s expectations for inflation have fallen, the Bank of England said in a survey it published on Friday ahead of its decision next week on whether to…
Swedish 5-year inflation expectations fall in March
STOCKHOLM (Reuters) – Long-term inflation expectations among financial and business groups in Sweden fell in March, a poll commissioned by the central bank showed on Thursday. Inflation measured with a fixed interest…
Prada sees solid revenue growth for 2023 after beating expectations last year
MILAN (Reuters) -Italy’s Prada said on Thursday it expects revenue growth to outpace rivals this year, after sales exceeded analyst expectations in 2022 thanks to a strong performance in Europe. The luxury…
ECB survey sees moderating inflation, rising wage expectations
FRANKFURT (Reuters) – Inflation expectations among euro zone consumers dropped in January but expectations for wage growth continued to rise, adding to fears wage growth will slow efforts to control prices, a…
Modest Australia house price correction unfazed by rising rate expectations: Reuters Poll
By Vivek Mishra and Devayani Sathyan BENGALURU (Reuters) – Expectations for a 16% fall in Australian home prices from their peak have held steady despite growing expectations over the past few months…
Brazil’s central govt tops expectations with record January budget surplus
BRASILIA (Reuters) – Brazil’s central government posted a better-than-expected primary budget surplus in January on the back of record tax revenues, Treasury data showed on Monday, although the outlook for the year…
Fed’s Favorite Inflation Index Blew Past Expectations In January
Fed’s Favorite Inflation Index Blew Past Expectations In January John Hugh DeMastri on February 24, 2023 The Federal Reserve’s preferred measure of inflation, the personal consumption expenditures (PCE) price index, surged past…
Beyond Meat forecasts 2023 revenue above market expectations
(Reuters) – Beyond Meat Inc on Thursday forecast full-year revenue above market estimates, on the back of demand for its plant-based meat products such as patties, sausages and meatballs at grocers and…
Hawkish ECB comments push up rate-hike expectations
By Leigh Thomas and Francesco Canepa PARIS/FRANKFURT (Reuters) – European Central Bank interest rates still have some way to rise, two influential policymakers said on Friday, pushing up market pricing for the…
When meeting expectations isn’t enough
A look at the day ahead in European and global markets from Anshuman Daga It was billed as one of the most important data points for makets that were desperate for signs…
Inflation Stays Hot In January, Surging Past Investor Expectations
Inflation Stays Hot In January, Surging Past Investor Expectations John Hugh DeMastri on February 14, 2023 Inflation accelerated on a monthly basis in January, surging past investor expectations as prices continue to…
Not a Single Student Met Grade-Level Expectations For Math In 23 Baltimore Schools
Reagan Reese on February 10, 2023 According to a report by Project Baltimore, no students were proficient in math in 23 Baltimore City Schools in 2022. According to a report by Project…
Indian households’ inflation expectations moderating – RBI’s Jan survey
MUMBAI (Reuters) – Indian household’s inflation expectations for the current period moderated by 20 basis points to 9.6%, while consumer confidence improved further, the results of the Reserve Bank of India’s latest…
ECB survey shows rising inflation expectations despite energy price falls
FRANKFURT (Reuters) – Euro zone consumer expectations for inflation edged up again in December, a European Central Bank survey showed on Tuesday, indicating that recent interest rate hikes and falling energy prices…
Fed’s Powell: If economy meets expectations, unlikely to see rate cuts this year
By Michael S. Derby (Reuters) – Federal Reserve Chair Jerome Powell pushed back on Wednesday on rising hopes that the U.S. central bank may be able to undue some of its interest…
Pentair results beat expectations on strong demand for fresh water tech
(Reuters) – Pentair Plc, which provides water treatment technology, reported better-than-expected quarterly profit and revenue on Tuesday, aided by strong demand for fresh water. Companies have been pressing into global demand for…
Irn-bru maker A.G. Barr sees FY profit, revenue beating expectations
(Reuters) – A.G. Barr said on Tuesday it expects its full-year revenue and profit to beat market expectations, helped by price hikes and steady demand for its cocktail mixes and beverages. The…
Appliance maker Whirlpool’s 2023 profit forecast beats expectations
(Reuters) – U.S. home appliances maker Whirlpool Corp forecast full-year profit above Wall Street estimates on Monday, helped by cost cuts and easing raw material prices. Shares of the appliance maker were…
South Korean consumers’ inflation expectations inch up in January
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 median expectation…
Major American Manufacturer Cuts Sales Expectations, Lays Off Thousands
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 and industrial…
Wholesale Prices Drop Below Expectations, But Continue To Hammer Producers To Close Out 2022
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 high and…
China’s Q4 growth slows to 2.9% y/y, beats expectations
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 toll exacted…
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