Americans’ Finances Took A Beating In 2023 Amidst Persistent Inflation And High Interest Rates Will Kessler on December 30, 2023 Americans are struggling economically going into 2024, as harsh economic …
Inflation,
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NAIROBI (Reuters) – Kenya’s inflation slowed slightly to 6.6% year on year in December, down from 6.8% in November, the statistics office said on Friday. On a month-on-month basis inflation …
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SEOUL (Reuters) -South Korea’s annual consumer inflation eased for a second month in December and came in below market expectations, backing policymakers’ outlook that price pressure will gradually ease through …
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By Ceyda Caglayan and Can Sezer ISTANBUL (Reuters) – Turkey’s larger-than-expected minimum wage hike, which impacts some 7 million workers, is expected to push already elevated inflation even higher in …
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SINGAPORE (Reuters) – Singapore’s key consumer price gauge slowed to 3.2% in November on the year, in line with expectations, official data showed on Tuesday, and headline inflation fell to …
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MANILA (Reuters) – Philippine President Ferdinand Marcos Jr. has approved the extension of reduced tariffs on rice and other food items until the end-2024 to keep prices stable amid a …
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TOKYO (Reuters) – Japan’s business-to-business service inflation was steady at 2.3% in November, data showed on Tuesday, suggesting companies were gradually passing on rising labour costs amid prospects for sustained …
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(Reuters) – U.S. equity funds saw significant outflows in the week ended Dec. 20, as investors took profits ahead of a key U.S. inflation report and as enthusiasm over potential …
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BRASILIA (Reuters) – Brazil’s central bank stressed on Thursday that despite recent downward surprises in current inflation, expectations for the coming years remain above the official target, reaffirming its intention …
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Mexico inflation likely accelerated in early December, core rate seen easing: Reuters poll
by ReutersMEXICO CITY (Reuters) – Mexican headline inflation likely increased in the first half of December, a Reuters poll showed on Wednesday, while the closely monitored core rate likely continued its …
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(Reuters) – Further progress on beating back inflation will be the decisive factor in any Federal Reserve decision next year to reduce interest rates, Chicago Federal Reserve Bank President Austan …
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(Reuters) – The sharp rise in inflation that forced global central banks to drive up interest rates at the fastest pace in decades looks poised to continue to subside in …
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VIENNA (Reuters) – The chief executive of Swiss banking giant UBS, Sergio Ermotti, is not convinced central banks have got inflation under control, he said in a newspaper interview published …
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ROME (Reuters) – The Italian economy will grow by just 0.6% next year, the country’s central bank said on Friday, cutting a previous forecast of 0.8% made two months ago …
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By Karen Lema and Neil Jerome Morales MANILA (Reuters) – The Philippine central bank needs more data to be convinced that the downward trend in inflation will hold before it …
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By Kylie Madry (Reuters) – Peru’s central bank on Thursday cut its interest rate by 25 basis points to 6.75%, in line with expectations and as the speed of price …
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MOSCOW (Reuters) – Annual inflation may approach 8% in Russia this year, President Vladimir Putin said on Thursday, a day before the central bank is widely expected to hike interest …
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RIYADH (Reuters) – Saudi Arabia’s annual inflation rate rose to 1.7% in November from 1.6% the previous month, government data showed on Thursday, with rising housing rents the main driver …
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By Hernan Nessi and Lucila Sigal BUENOS AIRES (Reuters) – Argentina’s annual inflation rate hit 161% in November, faster than expected and the highest monthly figure this year, laying bare …
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LIMA (Reuters) – Peru’s inflation rate could converge to the central bank’s target sooner than expected, the head of the bank said on Wednesday, arguing that the rate of rising …
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By Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Wednesday said she saw a consistent pattern of inflation falling over time and noted turbulence in the job …
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By Vuyani Ndaba JOHANNESBURG (Reuters) – Inflation in South Africa will slow next year as global trends weighing on prices’ growth combine with weak domestic consumer spending, a Reuters poll …
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(Reuters) – U.S. Treasury Secretary Janet Yellen said on Tuesday she believes inflation is coming down “meaningfully,” and with inflation expectations under control it should not be particularly difficult to …
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A look at the day ahead in European and global markets from Ankur Banerjee UK labour market data on Tuesday will take centre stage as Europe wakes up, with traders …
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SYDNEY (Reuters) – Australia’s mid-year budget update will include about A$10 billion ($6.56 billion) in savings, official data showed on Tuesday, as the government looks to cut spending in a …