WASHINGTON (Reuters) – An apparent rebound in the residential housing market could impact the Federal Reserve’s inflation fight, with home prices “leveling out” even as the U.S. central bank awaits …
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LISBON (Reuters) – Portuguese consumer prices rose 4.0% year-on-year in May in a significant slowdown from a 5.7% increase the previous month, also slipping slightly on a monthly basis, flash …
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By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka’s key inflation rate eased to 25.2% in May from 35.3% in April, the statistics department said on Wednesday, reducing some stress on …
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Bank of France’s Villeroy: Inflation may be past its peak in France
by Reutersby ReutersBy Mathieu Rosemain PARIS (Reuters) – Inflation may be past its peak in France, Bank of France Governor Francois Villeroy de Galhau said on Wednesday, after official data showed inflation …
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PARIS (Reuters) – French inflation cooled more than expected in May to its lowest level in a year as energy and food price increases moderated, according to preliminary official data …
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UK business confidence dips in May, inflation pressures persist: Lloyds
by Reutersby ReutersBy Suban Abdulla LONDON (Reuters) – Sentiment among British businesses fell for the first time in three months in May as firms were less optimistic about the economy and their …
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Colombia’s central bank could end rate hikes if inflation slows more -board chief
by Reutersby ReutersBOGOTA (Reuters) – Colombia’s central bank could call time on its upward monetary cycle after inflation in Latin America’s fourth-largest economy slowed in May, bank board chief Leonardo Villar said …
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Rising U.S. labor costs are doing little to drive up inflation, researchers from the Federal Reserve Bank of San Francisco said on Tuesday, a finding that may undercut the argument …
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Russian central bank warns higher rates may be needed to bring inflation to target
by Reutersby ReutersMOSCOW (Reuters) – Russia’s central bank issued a hawkish signal on Tuesday, just over a week before it is next due to set interest rates, warning that pro-inflationary risks of …
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By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka’s central bank is expected to keep rates unchanged at its policy meeting this week as it continues to support the debt-laden economy …
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Low growth, high inflation are top risks for India, say economists: Reuters poll
by Reutersby ReutersBy Vivek Mishra and Shaloo Shrivastava BENGALURU (Reuters) – India’s economy will grow about 6% this fiscal year with a small increase in private investment, according to a Reuters poll …
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Brazil inflation hits 2-1/2 year low; cenbank pressured to lower rates
by Reutersby ReutersSAO PAULO (Reuters) – Inflation in Brazil continued to slow down in early May, data from statistics agency IBGE showed on Thursday, in a move that surprised markets and is …
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SEOUL (Reuters) – South Korea’s producer prices rose in April at the slowest pace in 27 months, as agricultural and utility prices fell, central bank data showed on Thursday. The …
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Fed’s Waller: inverted yield curve may signal belief in falling inflation
by Reutersby Reuters(Reuters) – Federal Reserve Governor Christopher Waller on Wednesday said that while inverted yield curves in the context of stable inflation often point to a bad economic outlook, the current …
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Bank of England’s Bailey sweats over risk of ‘sticky’ summer for inflation
by Reutersby ReutersBy William Schomberg and David Milliken LONDON (Reuters) -Bank of England Governor Andrew Bailey said he was concerned about the risk of “sticky and stubborn” inflation over the summer after …
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Murmurs grow within Fed about tweaking 2% target once inflation recedes
by Reutersby ReutersBy Michael S. Derby (Reuters) – A couple of regional Federal Reserve presidents recently have signaled an openness to examining whether 2% is the right setting for the U.S. central …
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BRASILIA (Reuters) – Brazil’s finance ministry on Tuesday lifted its 2024 inflation forecast to 3.63%, from 3.52%, and kept its estimate for growth in Latin America’s largest economy unchanged at …
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ECB must keep hiking to tame inflation ‘poison’, Deutsche Bank CEO says
by Reutersby ReutersBERLIN (Reuters) – The European Central Bank needs to continue raising interest rates to tame the highest inflation in decades, Deutsche Bank CEO Christian Sewing said on Tuesday. “This poison …
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Mexico headline inflation seen at its lowest level in over 1-1/2 years – Reuters poll
by Reutersby ReutersMEXICO CITY (Reuters) – Mexico’s headline inflation likely slowed in the first half of May to its lowest level in 19 months, a Reuters poll on Tuesday showed, backing views …
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By James Davey LONDON (Reuters) – British grocery inflation eased slightly for the second month in a row in May but remained close to record highs, industry data showed on …
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South Korea consumer sentiment hits 1-year high, inflation expectations weaken
by Reutersby ReutersSEOUL (Reuters) – Consumer sentiment in South Korea improved in May to the highest level in a year, with their inflation expectations weakening, a central bank survey showed on Tuesday. …
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Fed’s Daly: Expects unemployment rise as price of controlling inflation
by Reutersby ReutersBy Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of San Francisco President Mary Daly on Monday said it would be quite surprising for the central bank to …
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Timeline of Brazil’s inflation target to be discussed with Lula, says finance minister
by Reutersby ReutersSAO PAULO (Reuters) – Brazilian Finance Minister Fernando Haddad said on Friday that a change in the timeline for meeting the inflation target will be discussed with President Luiz Inacio …
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Inflation fight risks central banks’ credibility and autonomy, BIS warns
by Reutersby ReutersBy Marc Jones LONDON (Reuters) – The credibility and independence of central banks around the world is at risk if stubbornly-high global inflation rates are not bought under control, the …
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ECB must continue inflation fight ‘with determination’, Schnabel says
by Reutersby ReutersLONDON (Reuters) – The European Central Bank must continue its fight to tame inflation “with determination” because wages are rising, fiscal policy is too generous and inflation expectations remain too …