(Reuters) – Pakistan’s central bank governor said on Friday that the country’s inflation is expected to start decelerating over the next few months. “And with the revival of the IMF …
Inflation,
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French inflation revised slightly upwards in March to 5.7% – final figures
by Reutersby ReutersPARIS(Reuters) – French annual inflation rose to a slightly revised 5.7% in March – albeit down from 6.3% in February – as lower energy prices helped offset surging food prices, …
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Morocco cancels value-added tax on agricultural products to curb inflation
by Reutersby ReutersRABAT (Reuters) – The Moroccan government said on Thursday it adopted a decree cancelling the value-added tax on agricultural inputs to help lower prices of fresh produce and other agrifoods. …
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Core inflation to start improving before summer break – ECB’s Nagel
by Reutersby ReutersWASHINGTON (Reuters) – Core inflation rates in the euro zone will begin improving in the coming months, but the European Central Bank still has a way to go with monetary …
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Core Inflation Still Sky High, New Report Shows
Core Inflation Still Sky High, New Report Shows Ryan Meilstrup on April 12, 2023 Prices on goods excluding energy and food rose 5.6% year-over-year in March, according to the latest …
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DAVID BLACKMON: America’s Dance With Inflation Could Be Far From Over
DAVID BLACKMON: America’s Dance With Inflation Could Be Far From Over David Blackmon on April 12, 2023 The U.S. rate of inflation seemed to cool in March, with the White …
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Czech central banker: no rate cuts until inflation clearly lower -magazine
by Reutersby ReutersPRAGUE (Reuters) – The Czech National Bank (CNB) should not cut interest rates until inflation is clearly lower as rates need to stay higher for longer to slow price growth, …
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Argentina cenbank mulls another rate hike to tame 100% inflation – adviser, analysts
by Reutersby ReutersBy Jorge Otaola BUENOS AIRES (Reuters) – Argentina central bank board have been discussing the idea of another potential interest rate hike from the current 78% level, an adviser to …
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Argentina monthly inflation seen hitting 8-month high 7.1% in March
by Reutersby ReutersBy Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s inflation rate is expected to have clocked in at an eight-month high of 7.1% in March, according to a Reuters poll of …
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Euro zone inflation outlook warrants 50 bps hike in May: ECB’s Holzmann
by Reutersby Reuters(Reuters) – The European Central Bank needs to keep raising interest rates and the inflation outlook alone would warrant another 50 basis point increase in May, Austrian Central Bank chief …
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IMF’s fiscal chief says U.S. CPI data shows need to maintain inflation fight
by Reutersby ReutersWASHINGTON (Reuters) – The U.S. Consumer Price Index data for March shows persistent above-target inflation pressures, “validating” the International Monetary Fund’s emphasis on continuing to fight inflation at IMF and …
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MANILA (Reuters) – Philippine President Ferdinand Marcos Jr’s approval ratings edged lower due to public dissatisfaction over his government’s handling of inflation, but he remains popular, an opinion poll showed …
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A look at the day ahead in European and global markets from Ankur Banerjee Today marks what has become a monthly routine when investors hold their collective breath for the …
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Former Interior Secretary Says Inflation Reduction Act Makes America ‘More Vulnerable To China’
Former Interior Secretary Says Inflation Reduction Act Makes America ‘More Vulnerable To China’ Harold Hutchison on April 11, 2023 Republican Rep. Ryan Zinke of Montana said Tuesday the U.S. was …
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Fed’s Kashkari: Recession possible, but high inflation would be worse
by Reutersby Reuters(Reuters) – Minneapolis Federal Reserve Bank President Neel Kashkari on Tuesday said the Fed’s interest-rate hikes and a possible pullback in lending after two bank failures last month could trigger …
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TOKYO (Reuters) – Japan’s wholesale prices rose 7.2% in March from a year earlier, with the pace of increase slowing for the third straight month, data showed on Wednesday, offering …
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By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The world is bracing for U.S. inflation figures on Wednesday, but before that …
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Euro zone inflation at risk of getting entrenched -ECB’s Villeroy
by Reutersby ReutersNEW YORK (Reuters) – Euro zone inflation is at risk of getting entrenched above 2% so the European Central Bank will keep fighting excessive price growth, even as its policy …
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IMF chief economist: stability risks should not deter central bank inflation fight
by Reutersby ReutersWASHINGTON (Reuters) – Central banks should not halt their fight against inflation because of financial stability risks, which look “very much contained,” International Monetary Fund chief economist Pierre-Olivier Gourinchas told …
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CAIRO (Reuters) – Egypt’s annual urban consumer inflation rate in March climbed to 32.7% year-on-year, just shy of an all-time record, from 31.9% in February, data from the country’s statistics …
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Brazil inflation seen staying high in March on rising gasoline costs
by Reutersby ReutersBy Gabriel Burin (Reuters) – Brazil’s inflation likely stayed high in March on rising gasoline bills, reigniting cost of living problems in the country’s stagnant economy and probably stoking more …
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Philippine central bank may consider pausing rate rises if inflation slows
by Reutersby ReutersMANILA (Reuters) – The Philippine central bank may consider pausing its monetary tightening next month if April inflation does not accelerate, the bank’s governor said on Sunday. Bangko Sentral ng …
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ALFREDO ORTIZ: Once Again, Wages Are Rising Slower Than Inflation
ALFREDO ORTIZ: Once Again, Wages Are Rising Slower Than Inflation Alfredo Ortiz on April 7, 2023 It’s Bad Friday for American workers, as today’s jobs report reveals the labor market …
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By Lisa Barrington DUBAI (Reuters) – Double-digit food price inflation will weigh on the Middle East and North Africa region this year, causing growth to slow to 3% from 5.8% …
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By Lewis Krauskopf and David Randall NEW YORK (Reuters) – An investing strategy designed to hedge against market declines is rebounding after a rough year, but its success may hinge …