DUBLIN (Reuters) – Irish service sector growth remained robust in July amid a strengthening in business sentiment and a slight easing in still high input and output cost pressures, a …
Inflation,
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Colombia’s central bank cuts 2023 forecasts for inflation, growth
by Reutersby ReutersBOGOTA (Reuters) -The technical team of Colombia’s central bank on Wednesday lowered its outlook for inflation in 2023 to 9%, from 9.5% previously, and cut its forecast growth for Latin …
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LONDON (Reuters) – Prices in British store chains rose in July at the slowest annual rate this year, industry data showed on Tuesday. The British Retail Consortium said annual shop …
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JAKARTA (Reuters) – Indonesia’s annual inflation rate cooled further to 3.08% in July, moving closer to the middle of the central bank’s target range and roughly in line with expectations, …
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Russia to raise rates past 9% this year under persistent inflation pressure: Reuters poll
by Reutersby ReutersBy Alexander Marrow and Elena Fabrichnaya (Reuters) – Gradually quickening inflation will force the Bank of Russia to hike interest rates again this year, a Reuters poll showed on Monday, …
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Philippines central bank sees July inflation easing for sixth month
by Reutersby ReutersMANILA (Reuters) – Philippine headline inflation was expected to ease for a sixth straight month with the central bank on Monday projecting the rate in July to come in between …
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By Safiyah Riddle (Reuters) – Diminishing inflation pushed consumer sentiment to the highest in nearly two years, a closely watched survey showed on Friday. The University of Michigan’s final index …
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Investors bought bonds, stocks and inflation hedges in busy cenbank week-BofA
by Reutersby ReutersBy Samuel Indyk LONDON (Reuters) – Investors flocked to stocks and bonds in the week to Wednesday, Bank of America global research said in a report on Friday citing EPFR …
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BRUSSELS (Reuters) – Euro zone economic sentiment declined for a third consecutive month in July and by more than expected as the mood in industry, services and amongst consumers slipped, …
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BERLIN (Reuters) – German inflation looks set to ease slightly in July, data from four economically key German states indicated. Compared with the same month last year, July inflation rates …
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FRANKFURT (Reuters) – Core inflation in the euro zone will come down more slowly than previously thought as wage growth is seen picking up in a tight labour market, a …
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Inflation in Japan’s capital slows in July, stays above BOJ target
by Reutersby ReutersBy Yoshifumi Takemoto and Leika Kihara TOKYO (Reuters) – Core inflation in Japan’s capital slowed in July but remained well above the central bank’s 2% target, data showed on Friday, …
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ECB debated raising banks’ mandatory reserves in inflation fight – sources
by Reutersby ReutersFRANKFURT (Reuters) – European Central Bank policymakers debated raising banks’ mandatory reserves to 2% from 1% of their deposits at their meeting on Thursday as part of their fight against …
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Fed Chair Predicts Inflation Will Be With Us For Years
Fed Chair Predicts Inflation Will Be With Us For Years Will Kessler on July 26, 2023 Federal Reserve Chairman Jerome Powell said he believes high inflation will be with us …
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Russian inflation above 4% target for first time since March – econ ministry
by Reutersby Reuters(Reuters) – Russia’s annual inflation crept back above the central bank’s 4% target in the week to July 24 for the first time since late March, the economy ministry said …
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TOKYO (Reuters) – Japan’s business-to-business service inflation slowed in June, data showed on Wednesday, suggesting that companies remained slow in passing on rising labour costs despite a tight job market. …
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Analysis-Is Canadian core inflation about to crack? July data could offer hope
by Reutersby ReutersBy Fergal Smith TORONTO (Reuters) – The Bank of Canada’s most favored measures of core inflation are likely to slow in July for the first time in 10 months as …
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WASHINGTON (Reuters) – India’s move to restrict exports of certain types of rice could help exacerbate food price inflation and should be reversed, International Monetary Fund chief economist Pierre-Olivier Gourinchas …
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Rate cut hopes outpace speed of global inflation decline: Reuters poll
by Reutersby ReutersBy Hari Kishan BENGALURU (Reuters) – Most central banks will cut interest rates in the first half of next year, even though the majority don’t expect their inflation targets to …
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(Reuters) – Whirlpool Corp reported a 29.5% slide in quarterly profit on Monday as persistent inflation hit consumer spending, weakening demand for its washing machines and kitchen appliances. Shares of …
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India rate cut bets pushed to mid-2024 amid inflation jump – traders
by Reutersby ReutersBy Swati Bhat and Ira Dugal MUMBAI (Reuters) – The recent rise in inflation has prompted Indian investors to push back rate cut expectations by at least a quarter to …
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SINGAPORE (Reuters) – Singapore’s key consumer price gauge rose 4.2% in June, matching economists’ forecasts, official data showed on Monday. Inflation was lower as prices of food and energy eased, …
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Mexico headline inflation seen slowing in early July to 2021 levels – Reuters poll
by Reutersby ReutersMEXICO CITY (Reuters) – Mexico’s headline inflation likely eased in the first half of July to its lowest level in more than two years, but still remained above the central …
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Inflation Tanks Small-Dollar Donations To 2024 Campaigns
Inflation Tanks Small-Dollar Donations To 2024 Campaigns Mary Lou Masters on July 21, 2023 As prices across the country remain high, small-dollar donations have decreased for 2024 political campaigns, Politico …
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Core inflation in Japan’s capital seen slowing sharply in July -analysts
by Reutersby ReutersTOKYO (Reuters) – Core inflation in Japan’s capital likely stayed above the central bank’s 2% target but slowed sharply in July, a Reuters poll showed on Friday, suggesting that easing …