ECB’s Nagel: inflation trends encouraging but rate cut talk too early
FRANKFURT (Reuters) – Euro zone inflation is going in the right direction but risks are skewed towards more negative outcomes, so a further rate hike cannot be taken off the…
FRANKFURT (Reuters) – Euro zone inflation is going in the right direction but risks are skewed towards more negative outcomes, so a further rate hike cannot be taken off the…
A look at the day ahead in U.S. and global markets from Mike Dolan The best month of the year for U.S. stocks and bonds draws to a close on…
Dem Senator Who Helped Pass Biden’s Massive Spending Bills Blames Corporations For Inflation Mary Lou Masters on November 29, 2023 Pennsylvania Democratic Sen. Bob Casey, who’s up for reelection in…
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Atlanta President Raphael Bostic said on Wednesday he expects U.S. growth to slow and inflation to continue to…
LONDON (Reuters) -Bank of England Governor Andrew Bailey said on Wednesday that the central bank “will do what it takes” to get inflation down to its 2% target, adding that…
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of New York President John Williams said Tuesday longer-term inflation expectations have been encouragingly steady, and he welcomed declining…
MEXICO CITY (Reuters) – Mexico’s central bank could “adjust” its interest rates by February or March 2024 if inflation continues to drop, board member Jonathan Heath said on Monday, added…
FRANKFURT (Reuters) -Euro zone inflation pressures are easing as expected but wage growth is still strong and the outlook is especially uncertain, so the European Central Bank’s fight to contain…
TOKYO (Reuters) – Top finance officials from Japan and Britain exchanged views and analysis on current global and domestic economic challenges such as elevated inflation and volatile currency and financial…
LONDON (Reuters) -Bank of England Governor Andrew Bailey said getting inflation down to the central bank’s 2% target will be “hard work” as most of its recent fall was due…
TOKYO (Reuters) – Bank of Japan Governor Kazuo Ueda said on Monday the central bank cannot say yet with conviction that inflation will sustainably and stably achieve its 2% inflation…
By Leika Kihara TOKYO (Reuters) -Japan’s business-to-business service inflation accelerated in October as a tight job market lifted labour costs, underscoring a broadening of price pressures that could heighten the…
Retailers Brace For Slow Holiday Season As Inflation Bites Will Kessler on November 24, 2023 Consumers are expected to cut back on discretionary spending this holiday season, hurting retailers, amid…
BRASILIA (Reuters) – Home working in Brazil may be relieving wage pressure in an otherwise buoyant labor market, a study signed by top central bank officials and released by the…
By Suban Abdulla LONDON (Reuters) – British consumers have turned more optimistic about the outlook for the economy and their personal finances this month but their mood remains a long…
By Bhargav Acharya JOHANNESBURG (Reuters) – South African inflation quickened more than expected in October, approaching the upper end of the central bank’s preferred range driven by steep rises in…
FRANKFURT (Reuters) – The European Central Bank has time now to assess how inflation unfolds after a record string of rate hikes but victory has not yet been won and…
COLOMBO (Reuters) – Sri Lanka’s consumer price inflation rose to 1% in October year-on-year from 0.8% in September, the statistics department said on Tuesday. The National Consumer Price Index (NCPI),…
‘I Just Paid $4.68 A Gallon’: Markwayne Mullin Blasts Biden Admin For Shrugging Off Inflation Harold Hutchison on November 20, 2023 Republican Sen. Markwayne Mullin of Oklahoma blasted the Biden…
By Howard Schneider BOSTON (Reuters) – Boston Federal Reserve President Susan Collins said on Friday she remained optimistic the U.S. central bank can lower inflation without doing substantial damage to…
(Reuters) – Chicago Federal Reserve Bank President Austan Goolsbee on Friday said the U.S. central bank will “do what it takes” to bring inflation down to the Fed’s 2% goal,…
BRUSSELS (Reuters) – More expensive services and food were the main drivers of consumer price growth in the euro zone in October, data showed on Friday, as the EU’s statistics…
TRENTON, NJ – In response to the Internal Revenue Service’s (IRS) recent adjustments to federal income tax brackets for inflation, New Jersey Senator Anthony M. Bucco is advocating for similar…
A look at the day ahead in U.S. and global markets from Mike Dolan Ebbing oil prices are cheerleading this week’s renewed optimism on U.S. disinflation – with retail soundings…
NEW DELHI (Reuters) – Food inflation in India remains above New Delhi’s “comfort” level despite retail inflation easing in October, a government official said on Wednesday. India’s retail inflation eased…