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Gas Prices Spike Almost 30 Cents In Just A Month, Posing Potential Headache For Biden
Gas Prices Spike Almost 30 Cents In Just A Month, Posing Potential Headache For Biden Nick Pope on August 7, 2023 The average per-gallon price of gasoline at the pump spiked by…
Is blowout jobs a headache for the Fed, or a back-to-2019 gift?
By Howard Schneider WASHINGTON (Reuters) – A blowout January employment report and continued record numbers of job openings have left the U.S. Federal Reserve with a growing dilemma of whether to take…
Japanese homeowners face an unfamiliar headache: higher mortgages
By David Dolan and Daniel Leussink TOKYO (Reuters) – When salaryman Takayuki Nakamura bought his Tokyo home last year, he got a floating-rate mortgage at a rock-bottom 0.35% and an assurance from…
Analysis – A $1 trillion headache: China’s local fiscal shortfall poses broader growth risks
By Ellen Zhang and Ryan Woo BEIJING (Reuters) – By any account, $1 trillion seems huge. That’s the scale of budget shortfalls facing Chinese provinces, reducing their fiscal firepower to fund infrastructure…
Double digit inflation looms as first headache for Italy’s Meloni
By Antonella Cinelli and Valentina Consiglio ROME (Reuters) – When outgoing Prime Minister Mario Draghi took office 19 months ago Italian inflation was running at 1%. By the time his probable successor…
Failure to Declare Medication Gave Two Travelers a Headache After CBP Officers Assessed Close to $17,000 in Penalties
CALEXICO, Calif., – U.S. Customs and Border Protection officers at the Calexico West Port of Entry seized 471 assorted pharmaceutical items concealed in vehicles. Combined penalties assessed by CBP officers add up…
Analysis: U.S. banks face trillion-dollar reverse repo headache
By Gertrude Chavez-Dreyfuss NEW YORK – The trillions of dollars in overnight cash tucked away daily at the Federal Reserve could turn into a major headache for banks that could squeeze their…
Column-ECB has major euro headache; FX market offers no relief: McGeever
By Jamie McGeever ORLANDO, Fla. – The world’s big four central banks are all in an unenviable position of fighting the highest inflation in decades without crashing their economies. From an exchange…
Column-Inflation narrative a ‘virus’ and policy headache: Mike Dolan
By Mike Dolan LONDON – Central banks risk losing the battle for stable prices as long-dormant inflation narratives and memories reawaken, adding a more complex psychological twist to task than simply tightening…
Marketmind: That inflation headache
A look at the day ahead in markets from Dhara Ranasinghe. Data this morning showing British inflation rose to a new 30-year high of 6.2% last month, is a reminder perhaps that…
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