By Ann Saphir (Reuters) – U.S. central bankers are not expected to cut borrowing costs this week, but their new economic projections may be a wild card, potentially signaling fewer …
Inflation,
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‘Economic Disaster’: Biden’s Budget Dreams Would Add Even More Fuel To Sky-High Inflation, Experts Say Will Kessler on March 16, 2024 President Joe Biden recently released his budget proposal for …
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Yellen says expects rents, biggest contributor to inflation, to move down this year
by Reutersby ReutersMILWAUKEE (Reuters) – U.S. Treasury Secretary Janet Yellen on Wednesday said she expects the cost of rental housing – the single largest contributor to inflation – to move lower this …
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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 …
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By Michael S. Derby NEW YORK (Reuters) -Americans reported a fairly stable outlook for inflation at the start of the year, as medium-term expectations settled back to levels last seen …
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BERLIN/FRANKFURT (Reuters) – The European Central Bank has tamed the “greedy beast” of inflation, ECB policymaker Joachim Nagel said on Tuesday, in a departure from his usual cautious tone. The …
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Citadel’s Griffin says cooling inflation could lead to Fed rate cuts this summer
by Reutersby Reuters(Reuters) – Cooling inflation in the United States gives the Federal Reserve room to potentially start cutting interest rates this summer, Citadel founder and billionaire investor Ken Griffin said on …
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By James Davey LONDON (Reuters) – British grocery price inflation declined at a slower rate in January as the proportion of items purchased on promotion dropped compared to December, industry …
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ZURICH (Reuters) – The Swiss National Bank expects inflation to rise, Chairman Thomas Jordan said in an interview to be broadcast later on Monday. The SNB has been broadly successful …
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By Xinghui Kok SINGAPORE (Reuters) – Singapore’s central bank on Monday kept its monetary policy settings unchanged, as expected, in its first review of the year as inflation pressures continued …
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(Reuters) – Global investors reduced their holdings in equity funds in the week leading up to Jan. 24, exercising caution before a pivotal inflation report due on Friday and a …
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TOKYO (Reuters) – Japan’s annual business-to-business service inflation hit 2.4% in December to match the previous month’s nearly nine-year high, data showed, suggesting companies were gradually passing on rising labour …
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By Suban Abdulla LONDON (Reuters) – British consumers are their most confident since January 2022 as lower inflation helped them to feel better about their finances, a survey showed on …
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By David Lawder CHICAGO (Reuters) – U.S. Treasury Secretary Janet Yellen said on Thursday that surprisingly strong economic growth in the fourth quarter was a “good thing” that signals productivity …
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FRANKFURT (Reuters) – The European Central Bank left its key interest rate at a record-high 4% on Thursday and noted underlying inflation had continued to fall, also thanks to high …
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Taiwan central bank minutes: can’t rule out more tightening if high inflation persists
by Reutersby ReutersTAIPEI (Reuters) – Some board members of Taiwan’s central bank noted “persistent” concerns about higher inflation and said more monetary policy tightening could not be ruled out if inflation continued …
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US business activity picks up in January; inflation cooling – S&P Global survey
by Reutersby ReutersWASHINGTON (Reuters) – U.S. business activity picked up in January and inflation appeared to abate, with a measure of prices charged by companies for their products falling to the lowest …
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By Promit Mukherjee OTTAWA (Reuters) – The Bank of Canada (BoC) is expected to keep its overnight rate on hold on Wednesday when it also releases new inflation and growth …
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MEXICO CITY (Reuters) – Mexican headline inflation likely eased in the first half of January after ticking up for the past four consecutive half-month periods, a Reuters poll showed on …
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By Xinghui Kok SINGAPORE (Reuters) – Singapore’s key consumer price gauge rose 3.3% in December on a yearly basis, official data showed on Tuesday. The core inflation rate – which …
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TOKYO (Reuters) – The Bank of Japan on Tuesday kept ultra-low interest rates intact in a widely expected move, as it awaits more data on whether wage growth will accelerate …
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Bank of England may start cutting interest rates in Q2 as inflation eases- Reuters poll
by Reutersby ReutersBy Jonathan Cable LONDON (Reuters) – It is a close call whether the Bank of England starts trimming borrowing costs next quarter or in July-September, a Reuters poll found, with …
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By Alun John LONDON (Reuters) – Sterling traders are betting that sticky inflation will outweigh slowing retail sales when the Bank of England puts economic data on the scales and …
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By Samuel Indyk LONDON (Reuters) – European companies haven’t had such a low bar to clear in terms of earnings expectations in years, not least because of the highly complex …
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BUDAPEST (Reuters) – Hungary’s finance minister on Saturday warned against complacency despite a sharp fall in the European Union’s highest inflation rate, saying any new supply shock to the global …