FRANKFURT (Reuters) – Euro zone consumer expectations for inflation edged up again in December, a European Central Bank survey showed on Tuesday, indicating that recent interest rate hikes and falling …
Inflation,
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Kuroda defends BOJ’s current stimulus as best way to hit inflation target
by Reutersby ReutersTOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda on Monday defended his decade-long stimulus programme, saying there was “no better way” to aim at sustainably achieving its 2% inflation …
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BUENOS AIRES (Reuters) – Analysts consulted by Argentina’s central bank expect surging consumer prices to rise slightly this year, the bank said on Friday, which would mark a second straight …
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Philippines central bank to focus on inflation at next policy meeting -governor
by Reutersby ReutersMANILA (Reuters) – The Philippine central bank will focus on inflation rather than the Federal Reserve’s recent policy action when it meets on Feb. 16 to review key interest rates, …
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Biden Dodges Blame For Inflation: ‘It Was There When I Got Here, Man’
Biden Dodges Blame For Inflation: ‘It Was There When I Got Here, Man’ Mary Lou Masters on February 3, 2023 President Joe Biden refused to take responsibility Friday for high …
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By Davide Barbuscia NEW YORK (Reuters) – Much stronger-than-expected U.S. job growth stopped early-year rallies in stocks and bonds dead in their tracks on Friday, forcing Wall Street to recalibrate …
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Euro zone inflation seen just above ECB’s target in 2025, poll shows
by Reutersby ReutersFRANKFURT (Reuters) – Euro zone inflation is set to decline to 2.1% in 2025, just a shade above the European Central Bank’s target, an ECB poll of economists forecast on …
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ISTANBUL (Reuters) – Turkish annual inflation dipped to 57.68% in January, official data showed on Friday, but was well above forecasts despite a favourable base effect that is expected to …
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Argentina OKs new 2,000 peso bill as inflation bites, still only worth $5
by Reutersby ReutersBy Eliana Raszewski BUENOS AIRES (Reuters) – Argentina will roll out a new 2,000-peso bill, the central bank said on Thursday, which would double the face value of the country’s …
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Fed’s Powell: will need substantially more evidence to be confident inflation on downward path
by Reutersby ReutersNEW YORK (Reuters) – Federal Reserve Chair Jerome Powell on Wednesday welcomed recent cooling in inflation data but said there had not been enough progress bringing price pressures back to …
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By Naomi Rovnick LONDON (Reuters) – Most traders believe global inflation has peaked, while potential recession has emerged as the main risk to markets this year, according to a survey …
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WASHINGTON (Reuters) – U.S. single-family home price growth cooled further in November, surveys showed on Tuesday, which together with declining mortgage rates could help to slow the housing market’s slide …
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Brazil’s Finance Ministry not discussing changes to inflation targets
by Reutersby ReutersBRASILIA (Reuters) – Brazil’s economic policy secretary Guilherme Mello said on Tuesday that discussions on changing inflation targets were not on the agenda of the Finance Ministry, stressing that the …
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MOSCOW (Reuters) -Russia’s labour market, budget and balance of payments will exert inflationary pressures in 2023, the central bank said on Tuesday, while the rouble’s December weakening may also feed …
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(Reuters) – Sri Lanka’s key inflation rate eased to 54.2% in January from 57.2% in December, the country’s statistics department said on Tuesday. The Colombo Consumer Price Index (CCPI) reflected …
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PARIS (Reuters) – French inflation rose in January on higher energy prices after the government phased out some measures that had reined in increases, according to preliminary figures released on …
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Japan Finance Minister: Too early to consider reviewing gov’t-BOJ inflation statement
by Reutersby ReutersTOKYO (Reuters) – Japanese finance minister Shunichi Suzuki on Tuesday said it is not yet time to debate a possible review of a joint statement the government and Bank of …
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Danish government proposes to spend $337 million on inflation aid package
by Reutersby ReutersCOPENHAGEN (Reuters) – Denmark’s government proposes to spend 2.3 billion Danish crowns ($337 million) on an economic aid package aimed at softening the blow from high inflation, Denmark’s finance ministry …
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DUBLIN (Reuters) – Ireland’s finance department said inflation is expected to be lower this year than the 7.1% rate it forecast last September, with a significant easing anticipated from the …
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U.S. consumer moods brighten to kick of 2023, inflation views down
by Reutersby Reuters(Reuters) – U.S. consumers entered 2023 with the most optimism in nine months, buoyed by healthy incomes and easing inflation even as most worry a recession could trip up the …
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U.S. inflation roller coaster prompts fresh look at long-ignored money supply
by Reutersby ReutersBy Michael S. Derby NEW YORK (Reuters) – The amount of money sloshing around the U.S. economy shrank last year for the first time on record, a development that some …
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German inflation rate to ease over course of 2023 – econ minister
by Reutersby ReutersBERLIN (Reuters) – German inflation will remain high at the beginning of 2023 before easing over the course of the year, Economy Minister Robert Habeck said on Thursday. “We have …
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Indonesian central bank’s expanded mandate won’t affect inflation framework – chief
by Reutersby ReutersJAKARTA (Reuters) – Indonesia’s central bank governor Perry Warjiyo said on Thursday the passage of a law last year that expanded Bank Indonesia’s (BI) mandate would not affect its framework …
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South Korean consumers’ inflation expectations inch up in January
by Reutersby ReutersSEOUL (Reuters) – South Korean consumers’ inflation expectations inched up in January, with sentiment toward economic conditions and the outlook also improving, a central bank survey showed on Thursday. The …
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SINGAPORE (Reuters) – Singapore’s key consumer price gauge rose 5.1% in December, slightly higher than forecast, official data showed on Wednesday. The core inflation rate – which excludes private road …