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Tag:

Inflation,

  • Business News

    Food prices push UK shop price inflation to new high: BRC

    by Reuters March 27, 2023
    by Reuters March 27, 2023

    LONDON (Reuters) – Soaring food prices pushed annual inflation in British shops to its highest in at least 18 years in March, industry data showed on Tuesday. The British Retail …

  • Business News

    Japan’s business services prices perk up near BOJ’s inflation target

    by Reuters March 26, 2023
    by Reuters March 26, 2023

    By Leika Kihara TOKYO (Reuters) -Japan’s business-to-business services inflation picked up in February on a tourism rebound and rising labour costs, data showed, offering the central bank hope that steady …

  • Business News

    Swedish central bank chief says more rate hikes likely due to stubborn inflation

    by Reuters March 26, 2023
    by Reuters March 26, 2023

    STOCKHOLM (Reuters) – The Swedish central bank might have underestimated inflationary pressure and will likely have to stick to its forecasts of another interest rate hike in April, Riksbank Governor …

  • Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News

    Inflation Reduction? Dems’ Climate Spending Spree Could Cost $1.2 Trillion, Analysts Say

    by The Daily Caller March 24, 2023
    by The Daily Caller March 24, 2023

    Inflation Reduction? Dems’ Climate Spending Spree Could Cost $1.2 Trillion, Analysts Say John Hugh DeMastri on March 23, 2023 Democrats’ Inflation Reduction Act (IRA) could cost roughly $1.2 trillion in …

  • Business News

    Japan firms see global inflation risk as major headwind for fiscal 2023 – Reuters poll

    by Reuters March 23, 2023
    by Reuters March 23, 2023

    By Rocky Swift TOKYO (Reuters) – Japanese firms see inflation and the chance of worldwide recession as the primary risks they face in fiscal 2023, a Reuters monthly poll showed. …

  • Business News

    Yellen: Inflation likely to come down on lower supply chain pressures, shipping costs

    by Reuters March 23, 2023
    by Reuters March 23, 2023

    WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Thursday that supply chain pressures and shipping costs were coming down and were eventually likely to bring down inflation. She …

  • Business News

    Danish government proposes tight spending to fight inflation

    by Reuters March 23, 2023
    by Reuters March 23, 2023

    COPENHAGEN (Reuters) -Denmark’s government on Thursday proposed tightening public spending to try to ease inflation as it predicted prices would rise 3.9% this year. “The most important aim of this …

  • Business News

    Bank of England raises interest rates again, sees inflation falling

    by Reuters March 23, 2023
    by Reuters March 23, 2023

    By William Schomberg and David Milliken LONDON, March 23 (Reuters) – The Bank of England raised interest rates by a further quarter of a percentage point on Thursday and said …

  • Business News

    UK inflation sucker-punches the BoE, while sterling bulls cheer

    by Reuters March 22, 2023
    by Reuters March 22, 2023

    By Amanda Cooper LONDON (Reuters) – Bank of England policymakers will not have looked at Wednesday’s inflation data with the same enthusiasm as sterling traders, who took advantage of a …

  • Business News

    Marketmind: Leaning back to Fed hike, UK inflation jolt

    by Reuters March 22, 2023
    by Reuters March 22, 2023

    A look at the day ahead in U.S. and global markets from Mike Dolan A semblance of banking calm has allowed markets to pick a lane and bet one last …

  • Business News

    Bundesbank chief: rate-setters must be ‘stubborn’ in inflation fight -FT

    by Reuters March 22, 2023
    by Reuters March 22, 2023

    (Reuters) – Eurozone policy-setters must be “stubborn” and continue increasing borrowing costs to battle inflation, Bundesbank chief Joachim Nagel told the Financial Times in comments published on Wednesday. The remarks …

  • Business News

    Instant view: Canada annual inflation rate slows to 5.2% in February

    by Reuters March 21, 2023
    by Reuters March 21, 2023

    TORONTO (Reuters) – Canada’s annual inflation rate fell to 5.2% in February, largely on the base year effect, as higher mortgage interest offset lower energy prices, Statistics Canada said on …

  • Business News

    Sri Lanka’s national consumer price inflation at 53.6% in Feb

    by Reuters March 21, 2023
    by Reuters March 21, 2023

    (Reuters) – Sri Lanka’s National Consumer Price Index (NCPI) rose 53.6% in February on the year, after a rise of 53.2% in January, the statistics department of the debt-stricken country …

  • Business News

    Taiwan central bank says raising rates could help curb inflation expectations

    by Reuters March 19, 2023
    by Reuters March 19, 2023

    TAIPEI (Reuters) – Taiwan’s deputy central bank governor said on Monday that raising interest rates may help curb inflation expectations, although also noting an aversion to raising rates during an …

  • Business News

    Taiwan central bank deputy governor: Current wave of inflation is not short-term phenomenon

    by Reuters March 19, 2023
    by Reuters March 19, 2023

    TAIPEI (Reuters) – The current wave of inflation in Taiwan is not a short-term phenomenon and has fanned expectations for continued high inflation rates, the deputy central bank governor said …

  • Business News

    ECB hawks press case for more rate hikes to fight dogged inflation

    by Reuters March 18, 2023
    by Reuters March 18, 2023

    By Sabine Siebold and Paul Carrel (Reuters) – The European Central Bank (ECB) will likely need to raise interest rates further to tame persistent inflation, two leading hawks on the …

  • Business News

    ECB’s Holzmann expects more rate hikes to fight dogged inflation

    by Reuters March 18, 2023
    by Reuters March 18, 2023

    (Reuters) – Inflation in the euro zone is proving tougher to crack than expected and the European Central Bank will likely need to raise interest rates further, possibly above 4%, …

  • Business News

    U.S. consumer sentiment ebbs in March; inflation expectations fall

    by Reuters March 17, 2023
    by Reuters March 17, 2023

    WASHINGTON (Reuters) – U.S. consumer sentiment fell for the first time four months in March, though households expected inflation to subside over the next 12 months and beyond, a survey …

  • Business News

    UK public’s inflation expectations fall, BoE says

    by Reuters March 17, 2023
    by Reuters March 17, 2023

    LONDON (Reuters) – The British public’s expectations for inflation have fallen, the Bank of England said in a survey it published on Friday ahead of its decision next week on …

  • Business News

    Carl Icahn urges Fed to keep fighting inflation after SVB collapse – FT

    by Reuters March 16, 2023
    by Reuters March 16, 2023

    (Reuters) – Activist investor Carl Icahn has urged the U.S. Federal Reserve to stay the course in the fight against the “disease of inflation” despite the failure of Silicon Valley …

  • Business News

    Japan’s Feb consumer inflation seen slowing sharply on subsidies – Reuters Poll

    by Reuters March 16, 2023
    by Reuters March 16, 2023

    TOKYO (Reuters) – Japan’s core consumer inflation likely slowed sharply in February from a 41-year high in the previous month, a Reuters poll of 20 economists showed, as government subsidies …

  • Business News

    Mexico central bank’s main focus is tackling inflation -deputy governor

    by Reuters March 16, 2023
    by Reuters March 16, 2023

    MERIDA, Mexico (Reuters) – Bank of Mexico’s main focus is tackling inflation, deputy governor Galia Borja said on Thursday, when asked how fears of a banking crisis roiling U.S. and …

  • Business News

    Argentina hikes interest rate 300 basis points after inflation breaks 100% barrier

    by Reuters March 16, 2023
    by Reuters March 16, 2023

    By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s central bank board said it agreed to hike the country’s benchmark interest rate by 300 basis points to 78% on Thursday after …

  • Business News

    Argentina February inflation data “very bad”: government spokesperson

    by Reuters March 16, 2023
    by Reuters March 16, 2023

    BUENOS AIRES (Reuters) – The Argentine government on Thursday said annual inflation data registered in February, the highest since 1991, was “very bad,” but insisted that the 60% inflation rate …

  • Business News

    Swedish 5-year inflation expectations fall in March

    by Reuters March 16, 2023
    by Reuters March 16, 2023

    STOCKHOLM (Reuters) – Long-term inflation expectations among financial and business groups in Sweden fell in March, a poll commissioned by the central bank showed on Thursday. Inflation measured with a …

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