By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Minneapolis President Neel Kashkari said on Monday that the U.S. central bank likely has more work ahead of …
Inflation,
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WASHINGTON (Reuters) – Federal Reserve Gov. Lisa Cook said she hopes the central bank’s current target interest rate is adequate to return inflation to the Fed’s 2% target. The Fed …
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Families Are Struggling Under Rising Inflation, Biden-Led Regulation, Experts Say Will Kessler on November 5, 2023 Key costs for families, like child-care and shelter, have risen substantially during President Joe …
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By Ananya Mariam Rajesh and Deborah Mary Sophia (Reuters) – U.S. holiday sales in 2023 are expected to rise at the slowest pace in five years, data from the National …
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By Steve Scherer and Ismail Shakil OTTAWA (Reuters) – Spending by federal and provincial governments in Canada will start feeding into inflation next year if current spending plans are maintained, …
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Weak yen, inflation overshoot may prod BOJ to phase out stimulus by year-end: ex-BOJ official
by ReutersBy Leika Kihara and Yoshifumi Takemoto TOKYO (Reuters) – The Bank of Japan may prefer to go slow in ending ultra-low interest rates, but the weak yen and risks of …
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TOKYO (Reuters) – Japan’s factory activity contracted for a fifth straight month in October, a survey showed on Wednesday, as subdued demand and inflationary pressures squeezed businesses. The final au …
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By Gavin Jones and Antonella Cinelli ROME (Reuters) – Italy’s economy stagnated in the third quarter from the previous three months, preliminary data showed on Tuesday, a weaker reading than …
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TOMS RIVER, NJ – In a move as hot as a fresh pepperoni pie, Pizza Hut is rolling out its $7 Deal Lover’s Menu, serving a full spread from pizzas …
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NEWARK, NJ – There is no relief from inflation in sight, especially for consumers in New York and New Jersey, two of the states where the cost of living is …
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By Leika Kihara TOKYO (Reuters) – The Bank of Japan will face growing pressure at its policy meeting next week to shift further away from its controversial bond yield control, …
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By Leika Kihara and Takahiko Wada TOKYO (Reuters) -Core consumer inflation in Japan’s capital Tokyo, considered a leading indicator of nationwide trends, unexpectedly accelerated in October, a sign of broadening …
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(Reuters) – U.S. business output ticked higher in October as the manufacturing sector pulled out of a five-month contraction on a pickup in new orders, and services activity accelerated modestly …
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SYDNEY (Reuters) – Australia’s top central banker on Tuesday warned there were risks inflation would prove more stubborn than expected and that interest rates might have to rise further to …
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By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) – A key measure of Japan’s trend inflation accelerated to 2% in September, hitting a record and matching the central bank’s target, …
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MEXICO CITY (Reuters) – Mexico’s inflation likely eased in the first half of October, but still stuck above the central bank’s target, a Reuters poll showed on Monday, supporting bets …
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COLOMBO (Reuters) -Sri Lanka’s consumer price inflation rate eased to 0.8% year-on-year in September from 2.1% in August, the statistics department said on Monday. The National Consumer Price Index captures …
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By Pete Schroeder WASHINGTON (Reuters) -The chance for persistent inflation to keep interest rates higher and potential losses in the commercial real estate market are among the top concerns of …
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NEW YORK (Reuters) – Federal Reserve Bank of Atlanta President Raphael Bostic said on Thursday that controlling inflation is still the U.S. central bank’s mission, although he did not say …
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(Reuters) – Inflation is curbing short-term demand for malt, but demand looks to rebound soon for the beer ingredient made from barley after brewers depleted stocks, France-based producer Malteurop said …
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By Leika Kihara TOKYO (Reuters) – The Bank of Japan is expected to raise its inflation forecasts this month to show prices exceeding its 2% target for two straight years, …
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SYDNEY (Reuters) – The head of Australia’s central bank on Wednesday said the domestic economy was in a “challenging” situation with consumption slowing but inflation still elevated, and monetary policy …
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(Reuters) – Minneapolis Federal Reserve Bank President Neel Kashkari on Tuesday said it has taken much longer than expected for inflation to come down, and it is “still too high.” …
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MOSCOW (Reuters) – Inflation in Russia continues to accelerate and a return to the central bank’s 4% target may require additional monetary policy tightening, according to a review by central …
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By Eliana Raszewski and Lucila Sigal BUENOS AIRES (Reuters) – Argentine conservative Patricia Bullrich, who many pegged just months ago as favorite to win the country’s presidential election, is now …