By William Schomberg LONDON (Reuters) – The Bank of England (BoE) is poised to raise borrowing costs for the 12th meeting in a row on Thursday, as it tries to …
Inflation,
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By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Wall Street and world markets cheered below-consensus U.S. inflation on Wednesday, but they …
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A look at the day ahead in U.S. and global markets from Mike Dolan The Federal Reserve’s willingness to end its interest rate rise campaign here hinges just a few …
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By Madhumita Gokhale BENGALURU (Reuters) – India’s consumer inflation likely cooled to an 18-month low in April as rises in food and fuel prices moderated, keeping it below the Reserve …
- Business News
Australian government rejects concerns budget may worsen inflation
by Reutersby ReutersBy Renju Jose SYDNEY (Reuters) – Australia’s Labor government said on Wednesday the billions in cost-of-living relief unveiled in the federal budget for families and businesses will not worsen inflationary …
- Business News
ECB’s Schnabel sees more rate hikes until core inflation declines too
by Reutersby ReutersFRANKFURT (Reuters) – The European Central Bank will keep raising borrowing costs until it sees core inflation decline sustainably, ECB board member Isabel Schnabel said on Tuesday, adding market expectations …
- Business News
Euro zone inflation will slow but momentum still high: ECB’s Lane
by Reutersby Reuters(Reuters) – Euro zone inflation will slow sharply this year but price growth momentum remains high for now, including for underlying goods and services, European Central Bank chief economist Philip …
- Business News
Brazil’s Haddad backs longer-term target for inflation, no talk of goal change
by Reutersby ReutersBRASILIA (Reuters) – Brazilian Finance Minister Fernando Haddad said on Friday that he favored taking a long-term view of inflation and that the central bank could begin cutting interest rates. …
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FRANKFURT (Reuters) -The European Central Bank will continue raising interest rates until inflation is under control, two ECB policymakers said on Friday as surveys showed the fight against rising prices …
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FRANKFURT (Reuters) – Euro zone inflation could be lower in the coming years than previously expected but may stay above the European Central Bank’s 2% target further out, the bank’s …
- Business News
Inflation has passed its peak in Germany as energy prices ease – Econ Min
by Reutersby ReutersBERLIN (Reuters) – Inflation has passed its peak in Germany as energy prices have eased, German Economy Minister Robert Habeck said on Thursday, adding that the downward trend is expected …
- Business News
France’s Le Maire wants to break food price inflation “spiral” by autumn
by Reutersby ReutersPARIS (Reuters) – Finance Minister Bruno Le Maire said on Wednesday that he would meet with retailers and suppliers next week to discuss ways to break the food price inflation …
- Business News
Thailand’s April headline inflation lowest in 16 months, to drop further
by Reutersby ReutersBANGKOK (Reuters) – Thailand’s headline inflation dropped to its lowest in 16 months in April thanks to lower energy and food prices and a high base in 2022, the commerce …
- Business News
India’s April services activity hits near 13-year high, inflation accelerates
by Reutersby ReutersBy Anant Chandak BENGALURU (Reuters) – India’s services activity expanded at the fastest pace in nearly 13 years in April, driven by robust demand, according to a private survey which …
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BOGOTA (Reuters) – Colombia’s central bank on Tuesday raised its outlook for 2023 inflation to 9.5% from 8.7%, reflecting persistent consumer price growth that has prompted the bank’s board to …
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By Liz Hampton DENVER (Reuters) – U.S. shale producer Diamondback Energy on Tuesday said rig prices are falling and steel costs are set to decline by about $20-$25 per foot, …
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SEOUL (Reuters) – South Korea’s central bank said on Tuesday inflation would keep easing at a rapid pace through the middle of this year, although core inflation would ease at …
- Business News
French government minister: expects food price inflation to ease off by September
by Reutersby ReutersPARIS (Reuters) – Food price inflation in France – which has been a major concern for consumers – should ease off by September, said government minister Olivia Gregoire on Sunday. …
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BERLIN (Reuters) – Inflation looks set to ease in Germany in April on the back of lower food and energy prices, preliminary data from six economically important regional states showed …
- Business News
High inflation still top concern for global economy, say economists: Reuters poll
by Reutersby ReutersBy Hari Kishan BENGALURU (Reuters) – Persistently high inflation remains the biggest economic concern this year even as most central banks are at or near the end-game for rate rises, …
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Australian grocer Coles sees Q3 inflation ease, but pressure remains
by Reutersby ReutersBy Byron Kaye and Roushni Nair SYDNEY/BENGALURU (Reuters) – Australian No. 2 supermarket chain Coles Group Ltd on Friday said store price inflation eased in the March quarter as supply …
- Business News
Philippine central bank: April annual inflation likely in 6.3%-7.1% range
by Reutersby ReutersMANILA (Reuters) – Philippine annual inflation in April was expected to come in between 6.3% and 7.1%, with downward pressure from lower electricity rates and a decline in prices of …
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JOHANNESBURG (Reuters) – South Africa’s producer inflation slowed to 10.6% year-on-year in March from 12.2% in February, statistics agency data showed on Wednesday. On a month-on-month basis, the producer price …
- Business News
South Korean consumers’ inflation expectations fall to 11-month low
by Reutersby ReutersSEOUL (Reuters) – South Korean consumers’ inflation expectations fell in April to the lowest in nearly a year, a central bank survey showed on Wednesday, while overall consumer sentiment hit …
- Business News
Brazil’s cenbank governor signals no room for rate cut amid inflation concerns
by Reutersby ReutersBRASILIA (Reuters) – Brazilian central bank Governor Roberto Campos Neto ruled out an imminent interest rate cut by emphasizing that the country’s benchmark rate for borrowing costs is appropriate for …