Americans’ Finances Took A Beating In 2023 Amidst Persistent Inflation And High Interest Rates Will Kessler on December 30, 2023 Americans are struggling economically going …
NAIROBI (Reuters) – Kenya’s inflation slowed slightly to 6.6% year on year in December, down from 6.8% in November, the statistics office said on Friday. …
SEOUL (Reuters) -South Korea’s annual consumer inflation eased for a second month in December and came in below market expectations, backing policymakers’ outlook that price …
By Ceyda Caglayan and Can Sezer ISTANBUL (Reuters) – Turkey’s larger-than-expected minimum wage hike, which impacts some 7 million workers, is expected to push already …
SINGAPORE (Reuters) – Singapore’s key consumer price gauge slowed to 3.2% in November on the year, in line with expectations, official data showed on Tuesday, …
MANILA (Reuters) – Philippine President Ferdinand Marcos Jr. has approved the extension of reduced tariffs on rice and other food items until the end-2024 to …
TOKYO (Reuters) – Japan’s business-to-business service inflation was steady at 2.3% in November, data showed on Tuesday, suggesting companies were gradually passing on rising labour …
(Reuters) – U.S. equity funds saw significant outflows in the week ended Dec. 20, as investors took profits ahead of a key U.S. inflation report …
BRASILIA (Reuters) – Brazil’s central bank stressed on Thursday that despite recent downward surprises in current inflation, expectations for the coming years remain above the …
MEXICO CITY (Reuters) – Mexican headline inflation likely increased in the first half of December, a Reuters poll showed on Wednesday, while the closely monitored …
(Reuters) – Further progress on beating back inflation will be the decisive factor in any Federal Reserve decision next year to reduce interest rates, Chicago …
(Reuters) – The sharp rise in inflation that forced global central banks to drive up interest rates at the fastest pace in decades looks poised …
VIENNA (Reuters) – The chief executive of Swiss banking giant UBS, Sergio Ermotti, is not convinced central banks have got inflation under control, he said …
ROME (Reuters) – The Italian economy will grow by just 0.6% next year, the country’s central bank said on Friday, cutting a previous forecast of …
By Karen Lema and Neil Jerome Morales MANILA (Reuters) – The Philippine central bank needs more data to be convinced that the downward trend in …
By Kylie Madry (Reuters) – Peru’s central bank on Thursday cut its interest rate by 25 basis points to 6.75%, in line with expectations and …
MOSCOW (Reuters) – Annual inflation may approach 8% in Russia this year, President Vladimir Putin said on Thursday, a day before the central bank is …
RIYADH (Reuters) – Saudi Arabia’s annual inflation rate rose to 1.7% in November from 1.6% the previous month, government data showed on Thursday, with rising …
By Hernan Nessi and Lucila Sigal BUENOS AIRES (Reuters) – Argentina’s annual inflation rate hit 161% in November, faster than expected and the highest monthly …
LIMA (Reuters) – Peru’s inflation rate could converge to the central bank’s target sooner than expected, the head of the bank said on Wednesday, arguing …
By Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Wednesday said she saw a consistent pattern of inflation falling over time and …
By Vuyani Ndaba JOHANNESBURG (Reuters) – Inflation in South Africa will slow next year as global trends weighing on prices’ growth combine with weak domestic …
(Reuters) – U.S. Treasury Secretary Janet Yellen said on Tuesday she believes inflation is coming down “meaningfully,” and with inflation expectations under control it should …
A look at the day ahead in European and global markets from Ankur Banerjee UK labour market data on Tuesday will take centre stage as …
SYDNEY (Reuters) – Australia’s mid-year budget update will include about A$10 billion ($6.56 billion) in savings, official data showed on Tuesday, as the government looks …
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Inflation data from India and Japan dominate the Asian calendar on …
By Michael S. Derby NEW YORK (Reuters) – The path U.S. consumers expect inflation to take over the next year softened in November to the …
By Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s consumer prices likely spiked around 12% in November alone, a Reuters poll of analysts showed on Monday, …
By Ariba Shahid KARACHI (Reuters) – Pakistan’s central bank is expected to hold its key rate steady at a fourth straight policy meeting on Tuesday, …
WEST LONG BRANCH, NJ – A Monmouth University Poll reveals a significant number of Americans are reducing holiday spending due to inflation. Despite these cutbacks, …
By Lewis Krauskopf NEW YORK (Reuters) – The Federal Reserve’s last monetary policy meeting of 2023 and a U.S. inflation report in coming days should …
MOSCOW (Reuters) – Inflation in Russia accelerated in November, data from state statistics service Rosstat showed on Friday, cementing expectations that the central bank will …
(Reuters) – Monetary policy in the United States continues to be appropriate, and interest rates will need to remain at current levels in order to …
By Gergely Szakacs BUDAPEST (Reuters) – The EU’s statistics agency said on Thursday it was in talks with Hungary’s main data body over how energy …
By Milounee Purohit BENGALURU (Reuters) – India’s retail inflation likely picked up in November due to higher food prices after declining for three months, bringing …
By Shaloo Shrivastava BENGALURU (Reuters) – The Bank of England will keep Bank Rate at 5.25% on December 14 and through the second quarter of …
BANGKOK (Reuters) – Thailand’s headline consumer price index (CPI) came in at -0.44% in November from a year earlier, the second consecutive month and lowest …
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Bond yields, interest rate expectations, oil prices and inflationary pressures around …
LOUISVILLE, KY – Brown-Forman Corporation, known for its Jack Daniel’s whiskey, revised its net sales forecast for 2024 downward on Wednesday. The adjustment comes as …
FRANKFURT (Reuters) – Inflation expectations among euro zone consumers held steady last month while the outlook for economic growth worsened, the European Central Bank said …
MEXICO CITY (Reuters) – Mexico’s headline inflation likely accelerated in November, while the core index would have continued easing, a Reuters poll showed on Monday, …
By Patrick Werr CAIRO (Reuters) – In the run-up to Egypt’s Dec. 10-12 presidential election, financially strapped people queue at state-managed cooperatives trying to buy …
By Marc Jones LONDON (Reuters) – Global central bank umbrella body, the BIS, eased its hardline stance on inflation on Monday, calling recent progress encouraging, …
MADRID (Reuters) – Recent inflation data was “good news” and “a positive surprise”, but any future decisions on monetary policy would have to depend on …
By Simon Johnson STOCKHOLM (Reuters) -Swedish monetary policy needs to remain tight for some time and the policy rate may need to be raised further …
NICOSIA (Reuters) – Euro zone inflation will carry on declining in the months ahead but at a slower pace, Bundesbank President Joachim Nagel was quoted …
TOKYO (Reuters) – Japan has yet to achieve price gains driven by higher wages with the recent rise in inflation driven by cost-push factors, Bank …
By Mayela Armas CARACAS (Reuters) – Some retailers in Venezuela are turning to old-fashioned layaway purchase offers to help customers buy everything from home appliances …
By Howard Schneider ATLANTA (Reuters) – The U.S. Federal Reserve’s pledge in 2020 to sustain “broad-based and inclusive” employment through loose monetary policy was considered …
(Reuters) – Market capitalisations of global mega-cap companies, led by prominent technology firms, surged in November, buoyed by a decline in U.S. yields and growing …