SEOUL (Reuters) – One of the Bank of Korea’s board members said on Thursday that core inflation should be watched more closely than the headline indicator for the time being …
Inflation,
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Americans Tighten Their Belts Even More As Inflation And Uncertainty Persist
Americans Tighten Their Belts Even More As Inflation And Uncertainty Persist Jason Cohen on March 15, 2023 After a surprisingly strong start to the year, persistently high inflation and uncertainty …
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Factbox-US government to impose inflation penalties on 27 drugs
by Reutersby Reuters(Reuters) – The U.S. government said on Wednesday it will subject 27 drugs to inflation penalties, a move that will require the pharmaceutical companies to pay Medicare rebates if they …
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GDANSK, Poland (Reuters) – Polish consumers say they are struggling to pay household bills and buy basic groceries as price rises have reached their steepest in more than a quarter …
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By Simon Johnson STOCKHOLM (Reuters) -Broad inflation jumped in Sweden in February, data showed on Wednesday, putting pressure on the central bank to hike aggressively at its next meeting in …
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Denmark’s central bank sees 4% inflation this year, risk of wage-price spiral
by Reutersby ReutersCOPENHAGEN (Reuters) – Denmark’s central bank on Wednesday forecast 4% inflation this year, more than half the level in 2022, and warned high wage increases could delay the slow-down of …
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Germany’s IfW predicts 0.5% GDP growth in 2023 amid stubbornly high inflation
by Reutersby ReutersBERLIN (Reuters) – Germany’s IfW economic institute said on Wednesday it did not expect a strong economic recovery in 2023 due to continued losses in consumer purchasing power as a …
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French inflation revised upwards in February to 7.3% – final figures
by Reutersby ReutersPARIS (Reuters) – French annual inflation rose to a revised 7.3% in February from 7.0% in January, partly as a result of higher food prices, according to final figures from …
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EXCLUSIVE: Concerns Over Inflation Among Small Business Owners Returns To Near Record High, Poll Shows
EXCLUSIVE: Concerns Over Inflation Among Small Business Owners Returns To Near Record High, Poll Shows Jason Cohen on March 14, 2023 Concerns over inflation among small business owners have returned …
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Inflation, Still Sky-High, Slightly Cools As Fed Weighs More Rate Hikes
Inflation, Still Sky-High, Slightly Cools As Fed Weighs More Rate Hikes John Hugh DeMastri on March 14, 2023 Prices grew 0.4% on a monthly basis in February, falling slightly from …
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‘No Sign Of Falling’: Obama Economist Sounds Alarm On Stubborn Inflation
‘No Sign Of Falling’: Obama Economist Sounds Alarm On Stubborn Inflation John Hugh DeMastri on March 14, 2023 Core inflation, which economists consider a leading indicator of future trends in …
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Wall St relieved after inflation data but warns Fed’s fight not over
by Reutersby ReutersBy Lewis Krauskopf NEW YORK (Reuters) – Investors on Tuesday welcomed a report showing U.S. consumer prices rose at an expected monthly pace but warned of uncertainty ahead, as the …
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By Howard Schneider WASHINGTON (Reuters) – Stubbornly high inflation, a robust job market, and an outbreak of financial stress have presented the Federal Reserve with a stark choice in the …
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A look at the day ahead in European and global markets from Ankur Banerjee Investors are struggling to find their risk appetite this week, with markets jittery in the wake …
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By Lewis Krauskopf NEW YORK (Reuters) – A market rocked by a banking crisis faces a potential one-two punch as investors await a U.S. inflation report that could further complicate …
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Argentina inflation seen passing 100% in February – Reuters Poll
by Reutersby ReutersBy Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s annual inflation rate is expected to surge past 100% in February, a Reuters poll on Monday showed, underscoring the challenge for the …
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Smoothies in, alcopops out as UK updates inflation index for 2023
by Reutersby ReutersBy David Milliken LONDON (Reuters) – Frozen berries used to blend home-made smoothies are in, while alcopops at the pub are out, according to Britain’s annual update of the goods …
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Inflation data on deck for markets hit by worries about Fed, banks
by Reutersby ReutersBy Lewis Krauskopf NEW YORK (Reuters) – A critical inflation report next week will test a U.S. stock market already consumed by worries over Federal Reserve hawkishness and potential fallout …
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Russian consumer inflation slows to 11% in Feb as rate decision looms
by Reutersby Reuters(Reuters) – Annual inflation in Russia slowed in February but remains elevated, data from the state statistics service Rosstat showed on Friday, leaving the central bank with limited room to …
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By Vittorio Maresca di Serracapriola and Alessandro Parodi (Reuters) – Consumers across the European Union paid on average 30% more for eggs in January than a year before, Eurostat data …
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By Balazs Koranyi FRANKFURT (Reuters) – “We’ve been short-changed for too long,” is how many of Europe’s top labour unions are framing wage claims this year, promising industrial action if …
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ECB deposit rate to peak at 3.75% or higher as inflation stays sticky – Reuters poll
by Reutersby ReutersBy Jonathan Cable LONDON (Reuters) – The peak for European Central Bank interest rates will be much higher than thought only a month ago, according to economists polled by Reuters, …
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India’s inflation seen easing slightly in February, still above RBI target – Reuters poll
by Reutersby ReutersBy Anant Chandak BENGALURU (Reuters) – Retail inflation in India likely eased a bit last month but stayed above the Reserve Bank of India’s upper threshold for a second straight …
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New York Fed model finds inflation pressures more persistent than thought
by Reutersby ReutersBy Michael S. Derby (Reuters) – In another setback for the Federal Reserve’s inflation fight, data showing inflationary pressures cooling in recent months were in fact a mirage, and show …
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BERLIN (Reuters) – German cabin crew union UFO demanded a tax-free inflation bonus of 3,000 euros ($3,170.10) from Lufthansa on Thursday in view of good business at the airline and …