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Tag:

Inflation,

  • Business News

    Marketmind: Dollar swoons in upbeat inflation vigil

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

    A look at the day ahead in U.S. and global markets from Mike Dolan World markets leaned positively into another critical U.S. inflation report later on Wednesday, seeding a dollar …

  • Business News

    Japan households’ inflation expectations rise, keep pressure on BOJ

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

    By Leika Kihara TOKYO (Reuters) – Japanese households’ inflation expectations rose in the three months to June, a central bank survey showed on Wednesday, adding to growing signs that conditions …

  • Business News

    Back-to-school spending set for first decline in nine years as inflation bites – report

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

    By Deborah Mary Sophia (Reuters) – Back-to-school spending is expected to fall for the first time in nine years as shoppers across all income levels pull back on non-essential purchases …

  • Business News

    Argentina’s monthly inflation rate seen slowing to 7% in June

    by Reuters July 11, 2023
    by Reuters July 11, 2023

    By Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s monthly inflation rate is expected to slow to 7.0% in June, according to the median forecast in a Reuters poll, after hitting …

  • Business News

    German inflation bucks downward trend in June

    by Reuters July 11, 2023
    by Reuters July 11, 2023

    BERLIN (Reuters) – German inflation rose in June, interrupting a steady decline since the start of the year. German consumer prices, harmonised to compare with other European Union countries, increased …

  • Business News

    UK’s Hunt says government and BoE will tame inflation

    by Reuters July 10, 2023
    by Reuters July 10, 2023

    By David Milliken LONDON (Reuters) – Britain’s government and the Bank of England “will do what is necessary, for as long as necessary” to return inflation to its 2% target, …

  • Business News

    NY Fed survey finds waning near-term inflation expectations

    by Reuters July 10, 2023
    by Reuters July 10, 2023

    By Michael S. Derby (Reuters) – Americans said in June they were expecting the weakest near-term inflation gains in just over two years, while continuing to mark up the expected …

  • Business News

    Bank of Canada seen hiking rates quarter point to tame stubborn inflation

    by Reuters July 10, 2023
    by Reuters July 10, 2023

    By Steve Scherer OTTAWA (Reuters) – The Bank of Canada (BoC) is heading toward a second consecutive quarter-point interest rate hike on Wednesday after a month of economic data revealed …

  • Business News

    India inflation likely rose to 4.58% in June on higher food prices: Reuters poll

    by Reuters July 10, 2023
    by Reuters July 10, 2023

    By Milounee Purohit and Anant Chandak BENGALURU (Reuters) – India’s inflation likely snapped a four-month decline in June as food prices surged, a Reuters poll of economists found, making a …

  • Business News

    Soaring vegetable prices may tip India’s delicate inflation balance -economists

    by Reuters July 10, 2023
    by Reuters July 10, 2023

    MUMBAI (Reuters) – A steeper-than-expected surge in the prices of vegetables, especially tomatoes, over the past few weeks could push India’s retail inflation towards 5.5% in the July-September quarter, at …

  • Business News

    Marketmind: China inflation kicks off week with a bang

    by Reuters July 9, 2023
    by Reuters July 9, 2023

    By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. A clutch of key economic data releases showing whether China …

  • Business News

    Argentina inflation seen at 142% this year, down from previous poll

    by Reuters July 7, 2023
    by Reuters July 7, 2023

    BUENOS AIRES (Reuters) – Expectations for galloping consumer prices in Argentina remain solidly in triple-digit territory, a monthly analyst poll showed on Friday, though the forecast edged down slightly compared …

  • Business News

    U.S. equity funds draw inflows for second week amid inflation relief

    by Reuters July 7, 2023
    by Reuters July 7, 2023

    (Reuters) – U.S. equity funds witnessed net purchases for a second straight week during the seven days to July 5, as signs of cooling inflation soothed investor worries about more …

  • Business News

    Global investors extend buying streak into equity funds on signs of easing inflation

    by Reuters July 7, 2023
    by Reuters July 7, 2023

    (Reuters) – Global investors extended their streak as net buyers of equity funds into a second week, drawing support from indications of cooling inflation that may moderate central banks’ inclination …

  • Business News

    Mexican inflation continues downward trend in June

    by Reuters July 7, 2023
    by Reuters July 7, 2023

    MEXICO CITY (Reuters) – Mexico’s annual inflation rate decelerated in June for a fifth consecutive month to 5.06%, data from statistics agency INEGI showed on Friday, continuing a downward trend …

  • Business News

    BOJ likely to forgo YCC tweak in July despite broadening inflation – ex-central bank official

    by Reuters July 7, 2023
    by Reuters July 7, 2023

    By Leika Kihara TOKYO (Reuters) – The Bank of Japan may revise up this year’s inflation forecast but will likely hold off on tweaking its yield curve control (YCC) policy …

  • Business News

    NY Fed data shows underlying inflation may be slower than thought

    by Reuters July 6, 2023
    by Reuters July 6, 2023

    By Howard Schneider WASHINGTON (Reuters) – New data from the New York Federal Reserve shows underlying inflation may have slowed faster than the headline measures that have kept U.S. central …

  • Business News

    Argentina to hold interest rate at 97% as raging inflation eases – bank sources

    by Reuters July 6, 2023
    by Reuters July 6, 2023

    By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s central bank is set to hold its benchmark interest rate steady at 97% in the near term with optimism that monthly inflation …

  • Business News

    U.S. service sector picks up in June; inflation gradually slowing – ISM survey

    by Reuters July 6, 2023
    by Reuters July 6, 2023

    WASHINGTON (Reuters) – The U.S. services sector grew faster than expected in June as new orders picked up, but a measure of prices paid by businesses for inputs fell to …

  • Business News

    Hopes of political change, surging inflation lure hedge funds to Argentinian stocks

    by Reuters July 6, 2023
    by Reuters July 6, 2023

    By Amruta Khandekar and Siddarth S (Reuters) – Foreign hedge funds have been lapping up Argentinian equities at cheap valuations in anticipation of a change in political regime and given …

  • Business News

    Sri Lanka central bank to cut rates further on faster inflation drop

    by Reuters July 5, 2023
    by Reuters July 5, 2023

    By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka’s central bank is widely expected to loosen monetary policy further on Thursday, following a massive 250-basis-point interest rate cut in June, as …

  • Business News

    Euro zone consumers see lower inflation ahead – ECB poll

    by Reuters July 5, 2023
    by Reuters July 5, 2023

    FRANKFURT (Reuters) -Euro zone consumers in May cut their inflation expectations again for the following 12 months, although they still saw prices growing faster than the European Central Bank (ECB) …

  • Business News

    UK business momentum slows in June despite falling inflation -PMI

    by Reuters July 5, 2023
    by Reuters July 5, 2023

    By David Milliken LONDON (Reuters) – Growth in Britain’s private sector slowed sharply last month, despite businesses facing lower inflation, as higher Bank of England interest rates weighed on demand, …

  • Business News

    France’s Le Maire: Food inflation has started easing in July

    by Reuters July 5, 2023
    by Reuters July 5, 2023

    PARIS (Reuters) – Food inflation in France has started to ease this month and the trend should accelerate in the coming weeks, Finance Minister Bruno Le Maire said on Wednesday. …

  • Business News

    Singapore’s fight against inflation still on amid uncertain growth outlook -central bank

    by Reuters July 5, 2023
    by Reuters July 5, 2023

    By Xinghui Kok SINGAPORE (Reuters) – Singapore’s central bank warned on Wednesday of weak near-term growth for one of Asia’s top financial hubs and said its fight against rising prices …

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