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…
NY Fed survey finds reduced near-term inflation expectations in December
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 New York…
Private Job Growth Smashes Expectations As Labor Market Stays Stubbornly Hot
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 workers mostly…
U.S. private payrolls beat expectations in December – ADP
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, the ADP…
South Korean inflation expectations hit 7-month low
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 tightening cycle…
Russia’s central bank says inflationary expectations edge down in December
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 Wednesday, just…
Inflation Comes In Under Expectations But Continues To Run Red-Hot In November
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 basis while…
UK public’s medium-term inflation expectations edge up: BoE
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 the year…
ECB survey shows rising inflation expectations for year ahead
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 the European…
Job Growth Shatters Expectations In November As Labor Market Stays Tight
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 Labor Statistics…
Indonesia inflation expectations coming down near central bank’s forecast – gov
(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 told a…
Swiss GDP growth lags expectations in Q3
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 market expectations.…
Colombia economy grew 7% in Q3, beating expectations
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, driven by…
Euro zone wages finally rising but inflation expectations muted, ECB VP says
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 de Guindos…
NY Fed: Inflation expectations jump in October on gasoline cost fears
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 report Monday…
Brazil’s economic activity resumes growth in September, but below expectations
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 activity index,…
S.Korea central bank governor says dollar/won moves in line with expectations
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 a month…
ECB to focus on capping demand and inflation expectations, de Guindos says
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 euro area,…
Exclusive-Russia’s finance ministry cuts 2023 taxable oil expectations
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 sanctions will…
Russia’s central bank says inflationary expectations edge up in October
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, just days…
German business morale falls slightly in October, beating expectations
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. The Ifo…
China central bank has policy tools to guide yuan expectations – ex-PBOC official
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 China (PBOC)…
Key Inflation Metric Doubles Expectations With Core Prices Still Astronomically High
Key Inflation Metric Doubles Expectations With Core Prices Still Astronomically High John Hugh DeMastri on October 12, 2022 Wholesale inflation exceeded economists’ expectations year-over-year in September, according to the Bureau of…
UK business inflation expectations rise in September – BoE
LONDON (Reuters) -British businesses’ expectations for consumer price inflation in one year’s time rose to 9.5% last month, up from 8.4% in August, a Bank of England survey showed on Thursday. The…
IMF says wage-price spirals are rare, but rate hikes needed to quell inflation expectations
By David Lawder WASHINGTON (Reuters) – New research by the International Monetary Fund shows that sustained wage-price spirals are historically rare, and recent sharp interest rate hikes by central banks are likely…
Brazil govt says country created 278,639 net formal jobs in August, above expectations
BRASILIA (Reuters) – Brazil created more formal jobs than expected in August, official data showed on Thursday, continuing a sequence of positive data that has been fueling the economy. According to Labor…
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