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Tag:

Inflation,

  • Business News

    ‘Reality bites’: High inflation and rates hit UK consumer confidence

    by Reuters July 20, 2023
    by Reuters July 20, 2023

    By Suban Abdulla LONDON (Reuters) – British consumers have turned more pessimistic in the face of rising interest rates and high inflation, according to a survey published on Friday which …

  • Business News

    JPMorgan ups Turkey inflation, growth forecasts after rates decision

    by Reuters July 20, 2023
    by Reuters July 20, 2023

    LONDON (Reuters) – Wall Street bank JPMorgan revised both its growth and inflation outlooks for Turkey upwards after the central bank delivered a smaller-than-expected interest rate hike on Thursday. JPMorgan …

  • Business News

    Exclusive-EU’s highest inflation to slow to 7-8% by Dec – Hungary finance minister

    by Reuters July 20, 2023
    by Reuters July 20, 2023

    By Krisztina Than and Gergely Szakacs BUDAPEST (Reuters) – Hungary’s annual inflation will slow to 7-8% by December from 20.1% in June, helping the economy rebound, Finance Minister Mihaly Varga …

  • Business News

    Instant View: Canada annual inflation rate slows to 2.8% in June

    by Reuters July 18, 2023
    by Reuters July 18, 2023

    (Reuters) – Canada’s annual inflation rate slowed to 2.8% in June on lower prices for gasoline as a result of the base-year effect, while food and mortgage interest costs remain …

  • Business News

    ECB hawk says bank will carefully weigh inflation data after July

    by Reuters July 18, 2023
    by Reuters July 18, 2023

    AMSTERDAM (Reuters) – The European Central Bank (ECB) will look closely for signs of inflation cooling down in the coming months to avoid taking rate hikes too far, governing council …

  • Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News

    Europeans Cut Back On Food As Inflation Steals Their Lunch

    by The Daily Caller July 17, 2023
    by The Daily Caller July 17, 2023

    Europeans Cut Back On Food As Inflation Steals Their Lunch John Hugh DeMastri on July 17, 2023 Europeans are dramatically cutting back on consumer spending as the combination of inflation …

  • Business News

    Russian inflation expectations jump to 11.1% with rate decision imminent

    by Reuters July 17, 2023
    by Reuters July 17, 2023

    MOSCOW (Reuters) – Inflationary expectations for the year ahead among Russian households climbed to 11.1% in July from 10.2% in June, the central bank said on Monday, just days before …

  • Business News

    India’s fight against inflation far from over – RBI bulletin

    by Reuters July 17, 2023
    by Reuters July 17, 2023

    By Swati Bhat and Siddhi Nayak MUMBAI (Reuters) – Food price spikes in India, typical at the onset of the monsoon, drove up headline inflation in June, corroborating the monetary …

  • Business News

    Russia to hike rates to 8% as weak rouble adds to inflation concerns: Reuters poll

    by Reuters July 17, 2023
    by Reuters July 17, 2023

    By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) – Russia’s central bank is expected to hike rates to 8% on Friday, increasing the cost of borrowing for the first time …

  • Business News

    Analysis-Bank of Canada hones messaging as inflation defies forecasts

    by Reuters July 17, 2023
    by Reuters July 17, 2023

    By Steve Scherer and Fergal Smith OTTAWA (Reuters) – The Bank of Canada has shifted to a less prescriptive messaging strategy than it used in January when it signaled a …

  • Business News

    Analysis-As deficit soars, Egypt expands money supply, fuelling inflation

    by Reuters July 14, 2023
    by Reuters July 14, 2023

    By Patrick Werr CAIRO (Reuters) – Egypt risks fuelling its record inflation and putting more pressure on the Egyptian pound if it does not slow an expansion of the money …

  • Business News

    Marketmind: US inflation cheer gives stocks best week this year

    by Reuters July 13, 2023
    by Reuters July 13, 2023

    By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian equities are on course Friday to round off their …

  • Business News

    UK food price inflation to be 9% in December, industry researcher cautions

    by Reuters July 13, 2023
    by Reuters July 13, 2023

    LONDON (Reuters) – Food price inflation in Britain will decline through the balance of 2023 but will still be about 9% in December, a prominent grocery industry researcher said on …

  • Business News

    Marketmind: Markets buoyant as US inflation, dollar slide

    by Reuters July 12, 2023
    by Reuters July 12, 2023

    By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets could not be in better spirits going into …

  • Business News

    SF Fed Paper warns key inflation measure may prove hard to tame

    by Reuters July 12, 2023
    by Reuters July 12, 2023

    By Michael S. Derby NEW YORK (Reuters) – If economic trends that existed before the coronavirus pandemic reassert themselves, a modest cooling in the labor market may not be enough …

  • Business News

    White House economic official Brainard: inflation on moderating path

    by Reuters July 12, 2023
    by Reuters July 12, 2023

    (Reuters) – National Economic Council Director Lael Brainard on Wednesday said the latest U.S. economic data shows that upward price pressures can and are receding without a surge in unemployment …

  • Business News

    Russian consumer inflation accelerates again in June

    by Reuters July 12, 2023
    by Reuters July 12, 2023

    (Reuters) – Inflation in Russia accelerated in June, data from the state statistics service Rosstat showed on Wednesday, a little over a week before the central bank is expected to …

  • Business News

    Cathie Wood’s ARK fund hits 11-month high as inflation ebbs

    by Reuters July 12, 2023
    by Reuters July 12, 2023

    By David Randall NEW YORK (Reuters) – The flagship fund of star stockpicker Cathie Wood hit an 11-month high Wednesday, extending a rally that has been powered by bets that …

  • Business News

    Bank of Canada hikes growth forecast and says inflation slowing only gradually

    by Reuters July 12, 2023
    by Reuters July 12, 2023

    OTTAWA, July 12 (Reuters)-The Bank of Canada (BoC) on Wednesday raised its growth forecast for this year to 1.8%, up from the 1.4% predicted in April, as excess demand continues …

  • Business News

    Fed’s Kashkari: Inflation fight must be won, new stress tests could help

    by Reuters July 12, 2023
    by Reuters July 12, 2023

    (Reuters) – U.S. financial regulators should take steps to ensure banks can withstand further interest-rate hikes should the Federal Reserve need to deliver them to fight entrenched inflation, Minneapolis Fed …

  • Business News

    European assets jump after U.S. inflation slows

    by Reuters July 12, 2023
    by Reuters July 12, 2023

    MILAN (Reuters) – European shares, currencies and bonds rallied on Wednesday after U.S. inflation slowed in June, feeding bets the Federal Reserve is nearing the end of a series of …

  • Business News

    Slowing inflation seen making Fed’s July hike its last

    by Reuters July 12, 2023
    by Reuters July 12, 2023

    By Ann Saphir (Reuters) -Inflation is slowing rapidly enough to allow the Federal Reserve to stop tightening U.S. monetary policy after what is still widely expected to be an interest-rate …

  • Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News

    Inflation Ticks Down, But Stays Well Above The Fed’s Goal

    by The Daily Caller July 12, 2023
    by The Daily Caller July 12, 2023

    Inflation Ticks Down, But Stays Well Above The Fed’s Goal Will Kessler on July 12, 2023 Inflation fell in June, but still remains high following the Federal Reserve’s pause on …

  • Business News

    U.S. Treasury yields to fall amid inflation optimism: Reuters Poll

    by Reuters July 12, 2023
    by Reuters July 12, 2023

    By Sarupya Ganguly BENGALURU (Reuters) – U.S. Treasury yields will broadly fall over the coming year on expectations the Federal Reserve will soon end its hiking cycle, according to fixed-income …

  • Business News

    Ghana inflation edges up to 42.5% in annual terms in June

    by Reuters July 12, 2023
    by Reuters July 12, 2023

    ACCRA (Reuters) – Ghana’s consumer inflation edged up again to 42.5% in annual terms in June from 42.2% in May, driven partly by higher food inflation, data from the statistics …

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