PARIS (Reuters) – Food price inflation will start easing in the second half of this year, French ECB policymaker Francois Villeroy de Galhau said on Tuesday, saying this is when …
Inflation,
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Japan’s business services inflation hits 8-year high in fiscal 2022
by Reutersby ReutersTOKYO (Reuters) – Japan’s business-to-business service inflation hit an eight-year high in the fiscal year that ended March, data showed on Tuesday, a sign inflationary pressure was broadening beyond goods …
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Russian central bank to hold rate at 7.5%, inflation pressure looming
by Reutersby ReutersBy Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) – The Russian central bank is expected to hold rates at 7.5% on Friday, a Reuters poll showed, with the risk of …
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COPENHAGEN (Reuters) – Denmark’s government presented on Monday what it said was a “tight” fiscal spending plan for 2023, seeking to help bring down soaring inflation with a much-delayed budget …
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Turkey year-end inflation seen at 46% despite likely post-election rate hikes – Reuters poll
by Reutersby ReutersISTANBUL (Reuters) – Turkish inflation will dip to 46.4% by end-2023, a Reuters poll showed on Monday, while the policy rate is seen rising to 24% next quarter after upcoming …
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Analysis-Germany’s ‘very generous’ pay deal may complicate ECB’s inflation fight
by Reutersby ReutersBy Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) – The “very generous” pay rise secured by Germany’s public sector workers may complicate the European Central Bank’s fight against inflation, analysts …
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Singapore March core inflation rises 5%, slightly less than forecast
by Reutersby ReutersBy Chen Lin SINGAPORE (Reuters) – Singapore’s key consumer price gauge rose 5% in March, slightly lower than forecast, official data showed on Monday. The core inflation rate – which …
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Fed’s Harker sees more central bank action to quash inflation pressures
by Reutersby ReutersBy Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Philadelphia President Patrick Harker said Thursday the U.S. central bank will have to do more on the policy …
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By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Japanese inflation figures for March and the first insights into economic activity around …
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South Korea March producer inflation eases to weakest in 25 months
by Reutersby ReutersSEOUL (Reuters) – South Korea’s producer inflation slowed in March to the weakest level in 25 months, central bank data showed on Friday, led by agricultural and petroleum products. The …
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India monetary tightening cycle not over, inflation remains a concern -MPC minutes
by Reutersby ReutersBy Swati Bhat MUMBAI (Reuters) – India’s current rate tightening cycle may not be over as more hikes could be warranted to align inflation towards the central bank’s medium term …
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Core euro zone inflation edges up in March, keeping ECB on alert
by Reutersby ReutersBy Balazs Koranyi FRANKFURT (Reuters) – Euro zone inflation eased last month but underlying readings remained stubbornly high, Eurostat said on Wednesday, confirming preliminary data that raised worries at the …
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A look at the day ahead in European and global markets from Tom Westbrook Traders are scaling back bets on U.S. rate cuts, but dialling up expectations for British hikes. …
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Two-Thirds Of Americans Say Inflation Is Gutting Their Paychecks: POLL
Two-Thirds Of Americans Say Inflation Is Gutting Their Paychecks: POLL Jason Cohen on April 18, 2023 Continual inflation has hurt Americans, with roughly two-thirds of them reporting their wages cannot …
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Canada’s inflation rate slows to 4.3% in March, slowest pace since 2021
by Reutersby ReutersBy Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Canada’s annual inflation rate eased in March to 4.3%, its slowest pace in 19 months but still more than double the Bank …
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Thai central bank sees average headline inflation at 2.6% over next 12 months
by Reutersby ReutersBANGKOK (Reuters) – Thailand’s central bank expects average headline inflation at 2.6% over the next 12 months, within its target range of 1% to 3%, the Bank of Thailand said …
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Cleveland Fed report says near-term inflation expectations data now key
by Reutersby ReutersBy Michael S. Derby (Reuters) – Contrary to how many Federal Reserve officials have tended to focus on longer-run inflation expectations data as a tool to divine real world price …
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BERLIN (Reuters) – Inflation is a risk for financial stability and central banks must take this into consideration, German Finance Minister Christian Lindner said on Monday. “Inflation is a tough …
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FRANKFURT (Reuters) – The European Central Bank can discuss changing its 2% inflation goal but only after it brings down inflation to that level, ECB President Christine Lagarde said on …
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Analysis-Central banks have yet to script final act of inflation fight as risks rise
by Reutersby ReutersBy Howard Schneider and Balazs Koranyi WASHINGTON (Reuters) – Major central banks may be deep into their drive to raise interest rates in hopes of killing inflation, but the endgame …
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NZ food prices surge, Q1 inflation awaited as another rate hike expected
by Reutersby ReutersBy Lucy Craymer WELLINGTON (Reuters) – New Zealand food prices surged in March as flash floods and a cyclone this year jacked up fruit and vegetable prices, with economists expecting …
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IMF sees high rates, oil prices and inflation worries in Middle East
by Reutersby ReutersWASHINGTON (Reuters) – Banks in the Middle East and Central Asia have very limited exposure to last month’s banking turmoil in the United States and Europe, but financial pressures are …
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WASHINGTON (Reuters) – The European Central Bank needs to keep raising interest rates even if most of its past hikes have yet to feed through to the economy, as rapid …
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US consumer sentiment edges up in April; short-term inflation expectations rise
by Reutersby ReutersWASHINGTON (Reuters) – U.S. consumer sentiment inched up in April, but households expected inflation to rise over the next 12 months. The University of Michigan’s preliminary April reading on the …
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Fed’s Waller: Not much progress on inflation, higher rates needed
by Reutersby ReutersBy Howard Schneider (Reuters) – Despite a year of aggressive rate increases U.S. central bankers “haven’t made much progress” in returning inflation to their 2% target and need to move …