BRUSSELS (Reuters) – Euro zone consumer inflation sharply decelerated in May, the European Union’s statistics office confirmed on Friday, with the core price growth measure, watched closely by the central …
Inflation,
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Breadbasket Brazil to stock up on food citing inflation concerns – agency
by Reutersby ReutersBy Roberto Samora SAO PAULO (Reuters) – Top food producer Brazil will start stocking up on food staples, a government agency said on Thursday, as the leftist administration of President …
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French growth seen fragile through 2023, inflation slowing – INSEE
by Reutersby ReutersPARIS (Reuters) – The French economy will grow 0.1% in the second quarter of the year, the INSEE statistics agency said, revising down an earlier forecast of 0.2% due to …
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FRANKFURT (Reuters) – The European Central Bank revised up its inflation projections for the next three years on Thursday and said it expected price growth to stay above its 2% …
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By Nevzat Devranoglu ANKARA (Reuters) -Turkey will take steps to lower inflation and will follow free market rules as it acts to raise competitiveness and productivity, Vice President Cevdet Yilmaz …
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Argentina annual inflation hits 114% but monthly rate slows unexpectedly
by Reutersby ReutersBy Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s annual inflation rate topped 114% in May, but in a silver lining for the embattled South American country the monthly rise came …
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By Howard Schneider WASHINGTON (Reuters) – Federal Reserve policymakers reached a milestone on Wednesday when they left the U.S. central bank’s benchmark overnight interest rate steady for the first time …
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Fed officials project more 2023 rate rises, amid hope inflation will still cool
by Reutersby ReutersBy Michael S. Derby WASHINGTON (Reuters) – U.S. Federal Reserve officials penciled in additional rate rises for this year and said they foresee inflation pressures continuing to ease over the …
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Thai central bank to hike more as rate not neutral yet, says core inflation high
by Reutersby ReutersBy Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) – Thailand’s central bank expects further gradual policy tightening as the benchmark rate is not at neutral levels yet and core inflation …
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By Howard Schneider WASHINGTON (Reuters) – Federal Reserve officials for months have been counting on slower-rising U.S. housing prices to help in their efforts to control inflation, and there are …
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Biden: Inflation data ‘good news’ for US families, more work to do
by Reutersby ReutersWASHINGTON (Reuters) – U.S. President Joe Biden hailed Tuesday’s inflation data as “good news for hard working families” and said there was more work to do to bring down the …
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A look at the day ahead in U.S. and global markets from Samuel Indyk. Jerome Powell and his band of brothers on the Federal Open Market Committee will be sitting …
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Bank of Korea board members: Too early to be complacent on inflation
by Reutersby ReutersSEOUL (Reuters) – Most Bank of Korea monetary policy board members said at their latest policy meeting on May 25 it was not yet time to be complacent over slowing …
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Marketmind: Inflation appetizer served before central bank main course
by Reutersby ReutersBy Lewis Krauskopf (Reuters) – A look at the day ahead in Asian markets from Lewis Krauskopf, U.S. markets correspondent Markets face a question heading into Tuesday’s action — will …
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Argentina inflation seen speeding up in May, bucking regional trend
by Reutersby ReutersBy Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s monthly inflation rate likely sped up to 8.8% in May, according to analysts polled by Reuters, as prices in the South America …
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NY Fed finds Americans see lower inflation level a year from now
by Reutersby ReutersBy Michael S. Derby NEW YORK (Reuters) – Americans’ expectations for inflation a year from now fell to the lowest level in two years, even as those same households said …
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Brazil economists cut long-term inflation expectations, unchanged for months
by Reutersby ReutersBRASILIA/SAO PAULO (Reuters) – Brazilian economists have reduced their long-term inflation expectations, putting an end to months of unchanged projections that the central bank had cited as a cause for …
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Central banks shelve guidance, in fits and starts, as inflation reigns
by Reutersby ReutersBy Howard Schneider, Leika Kihara, Balazs Koranyi and William Schomberg (Reuters) – Central bankers, who once considered obscurity central to their craft, are trying to wean the world from the …
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Swiss National Bank Chairman hints at rate rises to tackle inflation
by Reutersby ReutersZURICH (Reuters) – The Swiss National Bank could raise interest rates to tackle inflation which remains above target, Chairman Thomas Jordan said in an interview published on Saturday, Jordan defended …
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Argentina inflation seen hitting 149% this year, up from previous poll
by Reutersby ReutersBUENOS AIRES (Reuters) – Analysts polled by Argentina’s central bank forecast annual inflation this year at 149%, above the 126% expected in the previous poll, according to the monthly survey …
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(Reuters) – Pandemic-related disruptions to global supply chains and the effects of Russia’s war in Ukraine have driven up prices of energy, commodities and other necessities. Here’s how governments are …
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BOJ’s Ueda flags shift in corporate pricing, upward inflation bias
by Reutersby ReutersBy Leika Kihara TOKYO (Reuters) -Bank of Japan Governor Kazuo Ueda said the country’s corporate price-setting behaviour was showing changes that could work to push up inflation more than expected, …
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NBC ‘Disinformation’ Reporter Blames Twitter Files For ‘Speech Inflation’
NBC ‘Disinformation’ Reporter Blames Twitter Files For ‘Speech Inflation’ Harold Hutchison on June 7, 2023 NBC “disinformation” reporter Ben Collins claimed Tuesday that the Twitter Files led to a lack …
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ECB’s Visco says falling energy prices should help tame inflation
by Reutersby ReutersROME (Reuters) – The rapid decline in energy costs should help to tame inflation in Europe, Bank of Italy governor Ignazio Visco said on Saturday, urging companies not to seek …
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Peru’s inflation rate dips slightly in May but still above forecast
by Reutersby ReutersLIMA (Reuters) – Peru’s inflation rate based on the metropolitan region of the capital Lima fell to 0.32% in May, government data showed on Thursday, but the rate of creeping …