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Tag:

Inflation,

  • Business News

    Fed’s Bowman says housing market rebound could impact inflation fight

    by Reuters May 31, 2023
    by Reuters May 31, 2023

    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 …

  • Business News

    Portugal’s inflation slows down sharply to 4% in May

    by Reuters May 31, 2023
    by Reuters May 31, 2023

    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 …

  • Business News

    Sri Lanka’s key inflation rate eases to 25.2% in May

    by Reuters May 31, 2023
    by Reuters May 31, 2023

    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 …

  • Business News

    Bank of France’s Villeroy: Inflation may be past its peak in France

    by Reuters May 31, 2023
    by Reuters May 31, 2023

    By 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 …

  • Business News

    French inflation eases in May to 12-month low of 6.0%

    by Reuters May 31, 2023
    by Reuters May 31, 2023

    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 …

  • Business News

    UK business confidence dips in May, inflation pressures persist: Lloyds

    by Reuters May 30, 2023
    by Reuters May 30, 2023

    By 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 …

  • Business News

    Colombia’s central bank could end rate hikes if inflation slows more -board chief

    by Reuters May 30, 2023
    by Reuters May 30, 2023

    BOGOTA (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 …

  • Business News

    Labor costs aren’t driving up inflation: SF Fed paper

    by Reuters May 30, 2023
    by Reuters May 30, 2023

    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 …

  • Business News

    Russian central bank warns higher rates may be needed to bring inflation to target

    by Reuters May 30, 2023
    by Reuters May 30, 2023

    MOSCOW (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 …

  • Business News

    Sri Lanka central bank to hold rates as inflation stays high

    by Reuters May 30, 2023
    by Reuters May 30, 2023

    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 …

  • Business News

    Low growth, high inflation are top risks for India, say economists: Reuters poll

    by Reuters May 25, 2023
    by Reuters May 25, 2023

    By 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 …

  • Business News

    Brazil inflation hits 2-1/2 year low; cenbank pressured to lower rates

    by Reuters May 25, 2023
    by Reuters May 25, 2023

    SAO 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 …

  • Business News

    South Korea producer inflation slows to 27-month low in April

    by Reuters May 24, 2023
    by Reuters May 24, 2023

    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 …

  • Business News

    Fed’s Waller: inverted yield curve may signal belief in falling inflation

    by Reuters May 24, 2023
    by Reuters May 24, 2023

    (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 …

  • Business News

    Bank of England’s Bailey sweats over risk of ‘sticky’ summer for inflation

    by Reuters May 24, 2023
    by Reuters May 24, 2023

    By 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 …

  • Business News

    Murmurs grow within Fed about tweaking 2% target once inflation recedes

    by Reuters May 24, 2023
    by Reuters May 24, 2023

    By 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 …

  • Business News

    Brazil’s finance ministry lifts 2024 inflation estimate

    by Reuters May 23, 2023
    by Reuters May 23, 2023

    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 …

  • Business News

    ECB must keep hiking to tame inflation ‘poison’, Deutsche Bank CEO says

    by Reuters May 23, 2023
    by Reuters May 23, 2023

    BERLIN (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 …

  • Business News

    Mexico headline inflation seen at its lowest level in over 1-1/2 years – Reuters poll

    by Reuters May 23, 2023
    by Reuters May 23, 2023

    MEXICO 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 …

  • Business News

    UK grocery inflation edges lower to 17.2% in May -Kantar

    by Reuters May 23, 2023
    by Reuters May 23, 2023

    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 …

  • Business News

    South Korea consumer sentiment hits 1-year high, inflation expectations weaken

    by Reuters May 22, 2023
    by Reuters May 22, 2023

    SEOUL (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. …

  • Business News

    Fed’s Daly: Expects unemployment rise as price of controlling inflation

    by Reuters May 22, 2023
    by Reuters May 22, 2023

    By 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 …

  • Business News

    Timeline of Brazil’s inflation target to be discussed with Lula, says finance minister

    by Reuters May 19, 2023
    by Reuters May 19, 2023

    SAO 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 …

  • Business News

    Inflation fight risks central banks’ credibility and autonomy, BIS warns

    by Reuters May 19, 2023
    by Reuters May 19, 2023

    By 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 …

  • Business News

    ECB must continue inflation fight ‘with determination’, Schnabel says

    by Reuters May 19, 2023
    by Reuters May 19, 2023

    LONDON (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 …

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