BRASILIA – An “assertive” action by the Brazilian central bank is necessary for inflation to converge to the government’s official target, the central bank’s director …
By Lindsay Dunsmuir (Reuters) – Only about one third of the current bout of high inflation in the United States is demand driven, according to …
DUBLIN – Carrefour’s chief executive said global inflation is here to stay and that the supermarket chain is well placed to manage it due to …
By Cynthia Kim and Jihoon Lee SEOUL – South Korea’s central bank on Tuesday said it expects inflation will be higher than earlier projected and …
SYDNEY – Australia’s central bank decided to raise interest rates by a larger 50 basis points this month because policy would still be very stimulative …
LONDON – Record high euro zone inflation risked fuelling “inflation psychology,” European Central Bank chief economist Philip Lane said on Monday, referring to a phenomenon …
(Reuters) – European food delivery companies will be forced to slash their forecasts in the second half of the year as record-high inflation and rising …
(Reuters) – Atlanta Federal Reserve Bank President Raphael Bostic on Friday said he supported the U.S. central bank’s 0.75 percentage point interest-rate hike this week, …
(Reuters) – The Federal Reserve, which earlier this week unveiled its biggest interest rate hike in more than a quarter of a century, on Friday …
ISTANBUL – Goldman Sachs said on Friday it expects annual inflation in Turkey to reach almost 80% before easing to 60% by the end of …
BRUSSELS -European Central Bank policymaker Klaas Knot told Dutch radio broadcaster BNR on Friday the ECB may need to make several 50 basis point rate …
FRANKFURT – Euro zone inflation rose to a record high 8.1% last month in line with a preliminary estimate, more than four times the European …
TOKYO – Japan’s core consumer price index for May is expected to climb 2.1% from a year earlier, its second straight month of gains above …
BUDAPEST – Hungary’s government has extended a cap on some basic food and fuel prices until Oct. 1, while a cap on retail mortgage interest …
Tucker Carlson Guest Exposes How Wall Street Wokeness Is Making Inflation Way Worse Harold Hutchison on June 15, 2022 Utah State Treasurer Marlo Oaks told …
SHEFFIELD: Fed’s Effort To Tame Inflation Is Too Little Too Late After Democrats’ Massive Spending Spree Carrie Sheffield on June 15, 2022 The Fed today …
(Reuters) – Russian First Deputy Prime Minister Andrei Belousov says the rouble is overvalued and industry would be more comfortable if it fell to between …
(Reuters) – Federal Reserve officials on Wednesday ratcheted up their forecasts for where their target interest rate will be at the end of this year …
PARIS – French Finance Minister Bruno Le Maire said on Wednesday that the euro zone was “in the middle of an inflation peak” which would …
By Tetsushi Kajimoto and Kantaro Komiya TOKYO -Japanese Prime Minister Fumio Kishida said on Wednesday he expected the Bank of Japan (BOJ) to stick to …
SYDNEY – A measure of Australian consumer sentiment slid for a seventh straight month to match pandemic lows in June amid an outsized rise in …
Even Don Lemon Isn’t Buying White House’s Inflation Spin Harold Hutchison on June 14, 2022 CNN anchor Don Lemon questioned White House Press Secretary Karine …
SYDNEY – The head of Australia’s central has warned inflation is set to rise much higher than expected just a month ago and policy needs …
By Hernan Nessi and Jorge Iorio BUENOS AIRES – Argentina’s monthly inflation clocked in at 5.1% in May, still painfully high but below expectations and …
By Howard Schneider WASHINGTON – Eroding inflation data and fast-changing views in financial markets on Monday have opened the door to a larger-than-expected three-quarter-percentage point …
SEOUL -South Korean President Yoon Suk-yeol pledged on Tuesday to use all available supply-side measures to contain inflation, which is at its highest in more …
By Mehnaz Yasmin and Davide Barbuscia (Reuters) – U.S. corporate bonds were pummeled on Monday as expectations of an aggressive rate hiking cycle, following hotter-than-anticipated …
TAIPEI – Taiwan’s central bank is likely to raise its policy rate again this week, according to all economists polled by Reuters, to help fend …
By Trevor Hunnicutt and Jarrett Renshaw LOS ANGELES -U.S. President Joe Biden on Friday accused the U.S. oil industry, and Exxon Mobil Corp in particular, …
Fox Business Hosts Reveal Which Biden Official Could Take The Fall For Record Inflation Harold Hutchison on June 10, 2022 The co-hosts of “Mornings With …
By William Schomberg LONDON – The Bank of England looks set to raise interest rates next week for the fifth time since December, its steepest …
(Reuters) – Global investors resumed selling bond funds in the week to June 8, after purchasing them in the previous week, as strong employment numbers …
LONDON – The British public’s expectations for the rate of inflation in a year’s time have risen to their highest in records going back to …
(Reuters) – Spanish national consumer prices rose 8.7% year-on-year in May, up from 8.3% in April, with core inflation hitting its highest since 1995, official …
WASHINGTON – Friday’s consumer price data is likely to reflect the continued impact that Russia’s invasion of Ukraine is having on food and energy prices, …
By Gabriel Araujo and Jackie Botts MEXICO CITY – Mexican inflation rose faster than expected in May, data from the INEGI national statistics agency showed …
LONDON – Major central banks are racing to ditch post-pandemic stimulus and picking up the pace of interest rate hikes to get on top of …
LONDON – British Prime Minister Boris Johnson on Thursday said that the surge in inflation meant the government could not simply spend more to support …
LONDON – British Prime Minister Boris Johnson on Thursday said that the surge in inflation meant the government could not simply spend more to support …
FRANKFURT – The European Central Bank raised its inflation projections once again on Thursday but cut its growth outlook as the conflict in Ukraine continues …
By Jorge Otaola BUENOS AIRES – Argentina’s benchmark interest rate is likely to be hiked another 200 basis points next week, analysts polled by Reuters …
By David Lawder WASHINGTON – U.S. Treasury Secretary Janet Yellen said on Wednesday the Biden administration was looking to “reconfigure” tariffs on Chinese imports but …
ABOARD AIR FORCE ONE – The White House expects the next round of economic data to show elevated numbers on inflation, press secretary Karine Jean-Pierre …
By Nevzat Devranoglu ANKARA -Turkey’s lira tumbled more than 2% against the U.S. dollar on Wednesday and its bonds dropped sharply as worries grew over …
In New Jersey, the proportion of Americans 65 and up working has risen by almost 19 percentage points. CHARLOTTE, N.C., June 8, 2022 — After …
WASHINGTON – A moderate Democrat in the U.S. House of Representatives on Wednesday introduced legislation to require the U.S. Treasury to assess the inflationary impact …
SINGAPORE – Inflation is the biggest downside risk for Singapore’s economy this year but recovery in China and a broader global travel resumption will support …
OTTAWA – Prices in Canada are rising at their quickest pace in 31 years, but that is not yet feeding in to a wage spiral, …
MANILA – The Philippines said on Tuesday it has extended until the end of 2022 an executive order that lowers the tariff rate for rice …
By Andrea Shalal, Trevor Hunnicutt and David Lawder WASHINGTON – U.S. Treasury Secretary Janet Yellen faces a gauntlet of tough questions about how the Biden …