DUBLIN (Reuters) – Annual Irish inflation ticked back up to 8% in February from 7.5% a month earlier, according to a flash estimate of the EU’s Harmonised Index of Consumer …
Inflation,
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WASHINGTON (Reuters) – U.S. single-family home prices in December increased at their slowest pace since the summer of 2020, surveys showed on Tuesday, but tight supply could limit an anticipated …
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LISBON (Reuters) – Portuguese consumer prices rose 8.2% year-on-year in February in a slowdown from 8.4% reported in the previous month, flash data from National Statistics Institute (INE) showed on …
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A look at the day ahead in U.S. and global markets from Mike Dolan As investors mull what looks like a new year re-acceleration of the world economy, the narrative …
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Thai economy seen growing 3% to 4% this year, inflation to fall – central bank
by Reutersby ReutersBy Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) – Thailand’s economy is seen growing between 3%-4% this year as it follows a sustained recovery path despite a global slowdown, with …
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Spain’s inflation resumes upward trend, rises to 6.1% in February
by Reutersby Reuters(Reuters) – Consumer prices in Spain resumed their upward trend, rising 6.1% year-on-year in February, a faster pace than the 5.9% during the 12 months to January, and above the …
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By Balazs Koranyi and Frank Siebelt FRANKFURT (Reuters) – Euro zone inflation pressures have begun to ease, including for all-important core prices, but the European Central Bank will not end …
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Australia’s treasurer says curbing inflation remains economic ‘main game’
by Reutersby ReutersSYDNEY (Reuters) – Australia’s Treasurer Jim Chalmers said on Sunday that stubbornly-high inflation in the country has likely peaked, but conceded it remains a big economic challenge. Inflation is running …
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Fed’s Favorite Inflation Index Blew Past Expectations In January
Fed’s Favorite Inflation Index Blew Past Expectations In January John Hugh DeMastri on February 24, 2023 The Federal Reserve’s preferred measure of inflation, the personal consumption expenditures (PCE) price index, …
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DUBLIN (Reuters) – Irish inflation is expected to average between 4% and 5% across 2023, lower than the 7.1% the finance ministry most recently forecast last September, Finance Minister Michael …
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Yellen says U.S. inflation fight ‘not a straight line’ after price rise data
by Reutersby ReutersBy David Lawder BENGALURU (Reuters) – U.S. Treasury Secretary Janet Yellen told Reuters on Saturday that new U.S. data showing inflation jumped unexpectedly in January signals that the fight against …
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Thai economy to grow 3.8% this year, inflation to ebb – minister
by Reutersby ReutersBy Orathai Sriring and Satawasin Sta[censored]charnchai BANGKOK (Reuters) – Thailand’s economy is expected to grow 3.8% this year, helped by a rebound in the vital tourism sector, while inflation should …
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U.S. consumer spending posts biggest gain in nearly two years; inflation picks up
by Reutersby ReutersBy Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer spending increased by the most in nearly two years in January amid a surge in wage gains, while inflation accelerated, adding to …
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Fed’s Mester says hot inflation data affirms case for more rate hikes
by Reutersby ReutersBy Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Cleveland leader Loretta Mester said Friday she wasn’t surprised by the latest round of strong U.S. inflation data, …
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FRANKFURT (Reuters) – Euro zone inflation was only a touch higher in January than earlier estimated, Eurostat said on Thursday, confirming that price growth is now well past its peak, …
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Fed is ‘absolutely’ committed to 2% inflation target, Williams says
by Reutersby Reuters(Reuters) – New York Federal Reserve Bank President John Williams on Wednesday said the U.S. central bank is “absolutely” committed to bringing inflation back down to its 2% target over …
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(Reuters) – The Federal Reserve needs to get inflation on to a sustainable path down toward its 2% goal this year or else risk a repeat of the 1970s, when …
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By Sarah El Safty and Mariam Rizk CAIRO (Reuters) – Ahmed Ramadan, a 44-year-old father of three, started using instalment payment services eight months ago after feeling the sting of …
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Sticky inflation to nudge Reserve Bank of India to hike rates once more – Reuters poll
by Reutersby ReutersBy Madhumita Gokhale and Sujith Pai BENGALURU (Reuters) – The Reserve Bank of India will increase its main interest rate by 25 basis points to 6.75% in April and then …
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Mexico headline, core inflation both seen dropping in early Feb: Reuters Poll
by Reutersby ReutersBy Noe Torres MEXICO CITY (Reuters) – Mexico’s inflation is forecast to have eased in the first half of February, a Reuters poll showed on Monday, though consumer prices remain …
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Analysis-Fed’s quandary: Can the economy keep motoring and inflation fall?
by Reutersby ReutersBy Howard Schneider WASHINGTON (Reuters) – A year into the U.S. Federal Reserve’s most aggressive monetary crackdown since the 1980s the strength of the U.S. economy has befuddled policymakers now …
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French Finance Minister to meet retailers this week over food inflation worries
by Reutersby ReutersBy Dominique Vidalon PARIS (Reuters) – French Finance Minister Bruno Le Maire said on Monday he will meet retailers this week to find ways to help shoppers cope with high …
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Russia’s central bank says falling rouble driving inflation higher
by Reutersby Reuters(Reuters) – Russia’s central bank said on Friday that inflationary pressures across the economy had remained strong during the first two weeks of February, citing a slump in the rouble …
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PETER ROFF: Biden Has Mastered The Art Of Dodging Blame For Inflation
PETER ROFF: Biden Has Mastered The Art Of Dodging Blame For Inflation Peter Roff on February 17, 2023 It is frustrating that so many otherwise competent, knowledgeable economists and commentators …
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Germans worry about inflation, say it causes financial pain – survey
by Reutersby ReutersBERLIN (Reuters) – Most Germans are worried about high inflation, and more than half of them report that rising prices are making them struggle financially, an international survey by Dynata …