By Swati Bhat MUMBAI (Reuters) – India’s central bank is widely expected to raise its benchmark rate on Thursday for the seventh consecutive meeting and leave the door open for …
Inflation,
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NICOSIA (Reuters) – Food inflation is still intensifying in Europe and may be the key driver of price growth now, European Central Bank chief economist Philip Lane said on Wednesday. …
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U.S. service sector slows in March; inflation cooling – ISM survey
by Reutersby ReutersWASHINGTON (Reuters) – The U.S. services sector slowed more than expected in March as demand cooled, while a measure of prices paid by services businesses fell to the lowest in …
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Philippine Finance Minister: central bank has “probably done enough” to tackle inflation
by Reutersby ReutersMANILA (Reuters) – The Bangko Sentral ng Pilipinas (BSP) has “probably done enough” to tackle inflation, the country’s finance secretary said on Tuesday, in comments that may add weight to …
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Singapore seen tightening monetary policy as inflation remains elevated
by Reutersby ReutersBy Chen Lin SINGAPORE (Reuters) – Singapore is likely to tighten monetary policy this month, for the sixth time in a row, amid persistent price pressures in the Asian financial …
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Mexican factories expand for second straight month, inflation pressures subside
by Reutersby ReutersMEXICO CITY (Reuters) – Mexico’s manufacturing sector grew for a second straight month in March as firms hired workers, supply-chain pressures eased, and input cost inflation slowed to a 1-1/2-year-low, …
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Mexican inflation likely eased in March for second straight month-Reuters Poll
by Reutersby ReutersMEXICO CITY (Reuters) – Mexico’s annual inflation likely slowed in March for the second straight month, but still remained above the official target, a Reuters poll showed Monday, fueling bets …
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By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – The pace of interest rate hikes by major developed and emerging market central banks continued at a healthy clip in March …
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Marketmind: Oil spike a black mark for inflation, consumer demand
by Reutersby ReutersBy Wayne Cole (Reuters) – A look at the day ahead in European and global markets from Wayne Cole. Oil prices have stolen the show in Asia on Monday, and …
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Fed’s Waller: US inflation can drop without much harm to job market
by Reutersby ReutersSAN FRANCISCO (Reuters) – U.S. Federal Reserve Governor Christopher Waller on Friday said recent data is consistent with the notion that the U.S. central bank may be able to drive …
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Australian PM says inflation numbers ‘pleasing’ amid cost of living pressures
by Reutersby ReutersSYDNEY (Reuters) – Prime Minister Anthony Albanese said on Saturday he was pleased to see inflation retreating in Australia, but cautioned that cost of living pressures remained nationwide. Australian inflation …
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Fed’s Collins says latest inflation data doesn’t change policy path yet
by Reutersby ReutersBy Michael S. Derby WASHINGTON (Reuters) – Boston Federal Reserve President Susan Collins said on Friday that wherever the U.S. central bank stops with its interest rate rises, maintaining that …
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Instant View: US Feb PCE price index shows inflation keeps cooling
by Reutersby ReutersNEW YORK (Reuters) – U.S. consumer spending rose moderately in February, likely payback after surging the prior month, and while inflation showed signs of cooling it remained elevated, which could …
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A look at the day ahead in U.S. and global markets from Mike Dolan Global investors seem keen to put the March bank shock behind them, but inflation’s grim persistence …
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By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka’s key inflation rate eased to 50.3% in March from 50.6% in February, the statistics department said on Friday. The Colombo Consumer Price …
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PARIS (Reuters) – French inflation slid in March to a six-month low – though by slightly less than forecast – as a sharp drop in energy price inflation helped offset …
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Philippine central bank: March annual inflation likely in 7.4%-8.2% range
by Reutersby ReutersMANILA (Reuters) – Philippine annual inflation in March was expected to come in between 7.4% and 8.2%, with downward pressure seen from lower prices of petroleum and some food items, …
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Analysis-After extraordinary rally, bonds’ fate now with bank stability and inflation
by Reutersby ReutersBy Yoruk Bahceli (Reuters) – Borrowing costs in some of the world’s biggest economies end a volatile quarter eyeing their sharpest drops in years and more swings are likely until …
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Metal worker, soccer coach, honey salesman: three jobs to beat Argentina’s 100% inflation
by Reutersby ReutersBy Miguel Lo Bianco and Lucila Sigal BUENOS AIRES (Reuters) – As Argentina’s over 100% inflation rate saps earning power and outstrips wages, Jorge Pedro Armoa, 67, has found a …
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BERLIN (Reuters) – Inflation is expected to ease significantly in Germany in March on the back of lower energy prices, preliminary data from six economically key states in the country …
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(Reuters) – Spain’s consumer price inflation slowed to 3.3% in March, its weakest annual rate since August 2021 and down from 6.0% in February, preliminary data from the National Statistics …
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Euro zone underlying inflation sticky, ECB’s Schnabel says in Washington
by Reutersby ReutersWASHINGTON (Reuters) -Underlying inflation in the euro zone is proving sticky and the recent fall in energy costs may not pull it down as fast as some expect, European Central …
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BoE’s Mann: Falling headline inflation, high core, make policy difficult
by Reutersby ReutersWASHINGTON (Reuters) – Falling energy prices will lower headline inflation towards the Bank of England’s 2% target, but persistent underlying inflation will make it hard for the Bank of England …
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Inflation Continues To Plague Small Businesses For Fifth Consecutive Quarter: REPORT
Inflation Continues To Plague Small Businesses For Fifth Consecutive Quarter: REPORT Jason Cohen on March 29, 2023 Inflation concerns among small business owners remained at record highs this quarter, according …
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South Korea vows support for domestic consumption, cautious on inflation
by Reutersby ReutersBy Choonsik Yoo SEOUL (Reuters) – South Korea unveiled on Wednesday a package of measures aimed at boosting domestic consumption, but stopped short of offering big-ticket plans for fear of …