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Tag:

Inflation,

  • Business News

    South Korea consumer inflation hits 21-month low

    by Reuters July 3, 2023
    by Reuters July 3, 2023

    SEOUL (Reuters) -South Korea’s consumer inflation slowed more than expected and hit a 21-month low, official data showed on Tuesday, weighed by falling oil and agricultural product prices. The consumer …

  • Business News

    Turkey pledges to keep tightening until inflation outlook improves

    by Reuters July 3, 2023
    by Reuters July 3, 2023

    By Orhan Coskun, Ezgi Erkoyun and Huseyin Hayatsever ANKARA (Reuters) – Turkey will continue its monetary policy U-turn, which began with a sharp post-election rate hike last month, until the …

  • Business News

    Brazil economists foresee deeper monetary easing, lower inflation

    by Reuters July 3, 2023
    by Reuters July 3, 2023

    BRASILIA/SAO PAULO (Reuters) – Private economists in Brazil anticipate deeper monetary easing this year and improved inflation prospects until 2026 following the government’s decision to maintain the country’s inflation goal …

  • Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News

    Fourth Of July Cookout Spending To Hit Record High Amid Inflation

    by The Daily Caller July 3, 2023
    by The Daily Caller July 3, 2023

    Fourth Of July Cookout Spending To Hit Record High Amid Inflation Laurel Duggan on July 3, 2023 Individual spending on Fourth of July food items has risen to $93.34 on …

  • Business News

    Don’t assume rates and inflation will settle back down – BoE’s Greene

    by Reuters July 3, 2023
    by Reuters July 3, 2023

    LONDON (Reuters) – Megan Greene, who is due to join the Bank of England’s Monetary Policy Committee this week, said central banks should not assume that interest rates will settle …

  • Business News

    UK year-ahead inflation expectations rise to 5%: Citi/YouGov

    by Reuters July 3, 2023
    by Reuters July 3, 2023

    LONDON (Reuters) -The British public’s expectations for inflation over the coming year rose in June but long-run expectations eased, according to a survey that will feed into the Bank of …

  • Business News

    Swiss inflation dips to 1.7% in June, but rate hike still expected

    by Reuters July 3, 2023
    by Reuters July 3, 2023

    By John Revill ZURICH (Reuters) – Swiss inflation dipped to 1.7% in June, the government said on Monday, although economists expect the Swiss National Bank to stay its course and …

  • Business News

    Indonesia’s June inflation eases to lowest in 14 months

    by Reuters July 3, 2023
    by Reuters July 3, 2023

    By Stefanno Sulaiman and Fransiska Nangoy JAKARTA (Reuters) – Indonesia’s annual inflation rate in June eased to 3.52%, settling into the central bank’s target range for a second straight month, …

  • Business News

    Emerging markets carry investor hopes for H2 on lower inflation, rates

    by Reuters June 30, 2023
    by Reuters June 30, 2023

    By Rodrigo Campos and Marc Jones NEW YORK/LONDON (Reuters) – From BlackRock to JPMorgan, some of the world’s top investors are upbeat on emerging markets for the second half of …

  • Business News

    Instant View: US consumer spending edges up in May; inflation still high

    by Reuters June 30, 2023
    by Reuters June 30, 2023

    (Reuters) – U.S. consumer spending slowed sharply in May, but persistently strong underlying inflation pressures could compel the Federal Reserve to resume raising interest rates next month. The personal consumption …

  • Business News

    Fed’s path to more tightening a little less sure after inflation data

    by Reuters June 30, 2023
    by Reuters June 30, 2023

    (Reuters) – The Federal Reserve is seen slightly less locked in to a July interest rate hike, traders bet on Friday, after a government report showed price pressures eased slightly …

  • Business News

    Sticky inflation complicating ECB rate path – Makhlouf

    by Reuters June 30, 2023
    by Reuters June 30, 2023

    DUBLIN (Reuters) – Euro zone inflation is proving “stickier”, meaning the decision on when to stop raising interest rates is not straightforward, European Central Bank governing council member Gabriel Makhlouf …

  • Business News

    Brazil cenbank chief signals he supports changing inflation target time frame

    by Reuters June 29, 2023
    by Reuters June 29, 2023

    By Marcela Ayres BRASILIA (Reuters) – Brazil’s central bank chief Roberto Campos Neto indicated on Thursday he supports adopting a continuous time frame for the monetary authority to pursue inflation …

  • Business News

    BOJ deputy governor Himino sees early signs of demand-driven inflation

    by Reuters June 29, 2023
    by Reuters June 29, 2023

    By Leika Kihara and Takahiko Wada TOKYO (Reuters) – Bank of Japan (BOJ) Deputy Governor Ryozo Himino said recent price rises were stronger than previously projected and inflation expectations were …

  • Business News

    White House’s Brainard sees ‘every reason’ to believe inflation going down

    by Reuters June 29, 2023
    by Reuters June 29, 2023

    WASHINGTON (Reuters) – U.S. President Joe Biden’s chief economic adviser on Thursday expressed confidence that inflation would continue to improve in the second half of the year, and said it …

  • Business News

    Energy crisis and inflation push more German firms into insolvency – study

    by Reuters June 29, 2023
    by Reuters June 29, 2023

    (Reuters) – The number of German firms pushed into insolvency rose in the first half of this year at the fastest pace in more than two decades due to the …

  • Business News

    Brazil Finance Minister confirms 3% inflation target in 2024, backs tweaking time frame

    by Reuters June 29, 2023
    by Reuters June 29, 2023

    SAO PAULO (Reuters) – Brazil’s finance minister has confirmed the country’s monetary council will keep next year’s inflation target at 3%, but reiterated he expects the body to tweak the …

  • Business News

    Inflation up in German states, pointing to national rise

    by Reuters June 29, 2023
    by Reuters June 29, 2023

    BERLIN (Reuters) – Inflation rose in five economically important German states in the month of June, preliminary data showed on Thursday, suggesting a bumpy road ahead for German inflation. The …

  • Business News

    Spain’s 12-month inflation falls to 1.9% in June, lowest since March 2021

    by Reuters June 29, 2023
    by Reuters June 29, 2023

    (Reuters) – Spain’s consumer prices rose 1.9% year-on-year in June, their slowest increase since March 2021, preliminary data from the National Statistics Institute (INE) showed on Thursday. Spain is the …

  • US and World News

    Inflation hits royal finances as King Charles turns down heating to save emissions

    by Reuters June 28, 2023
    by Reuters June 28, 2023

    LONDON (Reuters) – Soaring inflation has hit the finances of the British royals, pushing up expenditure, Buckingham Palace said on Thursday, as it revealed King Charles had ordered the heating …

  • Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News

    Fed Chair Claims Massive Government Spending Bills Aren’t Driving Inflation

    by The Daily Caller June 28, 2023
    by The Daily Caller June 28, 2023

    Fed Chair Claims Massive Government Spending Bills Aren’t Driving Inflation Harold Hutchison on June 28, 2023 Federal Reserve Chairman Jerome Powell claimed Wednesday during a panel at the ECB Forum …

  • Business News

    Global inflation forecasters reflect on a ‘humbling task’

    by Reuters June 28, 2023
    by Reuters June 28, 2023

    By Balazs Koranyi SINTRA, Portugal (Reuters) – Professional forecasters globally who have been blindsided by the recent surge in inflation acknowledged on Wednesday the need for humility to deal with …

  • Business News

    UK showing signs of persistent inflation, BoE’s Bailey says

    by Reuters June 28, 2023
    by Reuters June 28, 2023

    SINTRA, Portugal (Reuters) – Bank of England Governor Andrew Bailey said last week’s rise in interest rates reflected a resilient economy and unexpectedly persistent inflation, sticking closely to his message …

  • Business News

    Euro zone should tighten fiscal policy in 2024 to curb inflation -EFB

    by Reuters June 28, 2023
    by Reuters June 28, 2023

    By Jan Strupczewski BRUSSELS (Reuters) – Euro zone governments should tighten fiscal policy next year more than currently planned to help the European Central Bank fight inflation and prevent interest …

  • Business News

    Australia’s consumer inflation hits 13-month low, adding to rate pause case

    by Reuters June 27, 2023
    by Reuters June 27, 2023

    By Stella Qiu SYDNEY (Reuters) – Australia’s consumer inflation slowed to a 13-month low in May, driven by a sharp pullback in fuel, while a measure of core inflation also …

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