New Zealand house prices fall as interest rates and inflation weigh
WELLINGTON – Tighter lending criteria and rising interest rates, coupled with inflation, continue to weigh on house prices and sales activity in New Zealand, the …
Inflation,
In Peru’s slums, chicken off the menu as soup kitchens struggle with inflation
By Daniel Becerril and Miguel Lo Bianco LIMA -In the hilly slums of Peruvian capital Lima, soup kitchens struggle to feed some of the Andean …
Russian cenbank warns consumer inflation will accelerate further
(Reuters) – Consumer inflation in Russia will keep on accelerating in annual terms due to base effects, the central bank said on Wednesday, warning that …
Russian weekly inflation falls to 0.66% – first deputy PM
(Reuters) – Russian weekly inflation fell to 0.66% in the latest week, First Deputy Prime Minister Andrei Belousov said on Wednesday. Weekly inflation in Russia …
Taiwan central bank says rate rises will depend on inflation, will be ‘cautious’
By Liang-sa Loh TAIPEI -Taiwan central bank governor Yang Chin-long said on Wednesday inflation would slow by the third quarter and any rate rise decisions …
Inflation angst sends European stocks lower for third day
(Reuters) – European shares retreated for a third straight session on Wednesday as anxiety about elevated inflation and its potential impact on upcoming earnings season …
Peru waives taxes on essential food items to combat inflation
LIMA – Peru’s congress approved legislation on Tuesday that waives taxes for what it deems as essential foods, aiming to fight surging prices that have …
Chile’s Boric proposes restricted pension withdrawals, citing inflation
SANTIAGO -A new pension withdrawal in Chile was voted down by a congressional committee Tuesday night after President Gabriel Boric submitted a competing proposal hours …
Australia consumer mood undermined by rate risk, inflation
SYDNEY – A measure of Australian consumer sentiment slipped for a fifth straight month in April as rising inflation and the risk of higher interest …
As inflation surges, Biden’s approval rating drops to 41% – Reuters/Ipsos poll
By Jan Wolfe WASHINGTON – U.S. President Joe Biden’s public approval rating fell to 41% this week, a blow to his Democratic Party’s hopes of …
The Numbers Are In: Inflation Under Biden Reaches Staggering New Heights
The Numbers Are In: Inflation Under Biden Reaches Staggering New Heights Thomas Catenacci on April 12, 2022 The federal government’s latest inflation indicator showed that …
U.S. small business sentiment ebbs as inflation worries mount -NFIB
WASHINGTON – U.S. small business confidence fell in March, with the share of owners reporting that inflation was their single most important problem the largest …
German investor morale dips in April, inflation expectations ease
BERLIN – German investor sentiment fell by less than expected in April, a survey showed on Tuesday, as a decline in inflation expectations gave some …
Japan’s wholesale inflation stays near record on Ukraine war, weak yen
By Leika Kihara TOKYO -Japan’s wholesale inflation remained near record-high levels in March as the Ukraine crisis and a weak yen pushed up fuel and …
Australia business conditions surge in March, inflation runs hot
By Wayne Cole SYDNEY – A measure of Australian business conditions picked up sharply in March as firms saw strong sales and labour conditions, while …
U.S. consumers up view of inflation, spending in coming year, NY Fed survey finds
(Reuters) – U.S. consumers boosted their expectations for inflation and household spending in the year ahead as the price of gas and food steepens, but …
Inflation, rising rates, war create uncertain outlook for U.S. earnings
By Caroline Valetkevitch NEW YORK – An aggressive Federal Reserve, soaring inflation and geopolitical uncertainty from the war in Ukraine are muddying the outlook for …
Cleveland Fed’s Mester says inflation elevated through 2023 but trajectory will fall – CBS
WASHINGTON – Inflation will remain high this year and next even as the Fed moves steadily to lower the pace of price increases, Cleveland Fed …
Analysis: Surging Latam inflation spells more ‘monetary medication’ ahead
By Anthony Esposito MEXICO CITY – Central banks from Brazil to Chile may be forced to dole out more monetary “medicine” than expected as inflation …
Chile inflation surges to 1.9% in March, highest level since 1993
By Fabian Cambero SANTIAGO – Chile’s consumer prices rocketed 1.9% in March, the highest monthly rise in almost thirty years, underscoring the challenge for authorities …
Brazil’s inflation tops forecasts with sharpest rise for March in 28 years
By Marcela Ayres BRASILIA – Brazil’s inflation came above expectations with the sharpest rise for March in 28 years, official figures showed on Friday, as …
Russian inflation to continue rising due to base effect, central bank says
(Reuters) – Annual inflation will continue to rise due to the base effect, the Russian central bank said on Friday, adding that tightening of monetary …
Peru hikes interest rate to 13-year high as inflation sparks protests
LIMA – Peru’s central bank raised the country’s benchmark interest rate 50 basis points to 4.5% on Thursday, the highest since 2009, as authorities battle …
Bullard: Improvement in labor force not happening fast enough to ease inflation
(Reuters) – The U.S. labor force is not increasing fast enough to help with the Fed’s immediate battle with inflation, St. Louis Fed president James …
Irish inflation nears 40-year high of 6.7% in March
DUBLIN – Annual inflation in Ireland neared an almost 40-year high of 6.7% in March, a jump from 5.6% a month earlier on the back …
Does Anyone Actually Believe The Fed Can Tame Inflation Without Tanking The Economy?
Does Anyone Actually Believe The Fed Can Tame Inflation Without Tanking The Economy? Harry Wilmerding on April 6, 2022 Leading economists and financial institutions said …
Brazil should keep inflation targets despite shocks, says central bank nominee
BRASILIA – Diogo Guillen, who was nominated to the board of Brazil’s central bank, said on Tuesday that it seems appropriate to keep the government’s …
UK shoppers turn to own-label food as inflation bites, research shows
LONDON – British shoppers are increasingly choosing own-label products to help counter surging inflation, according to research by NielsenIQ that showed overall supermarket spending down …
Spain’s jobs market improves as reforms help offset strike, inflation
By Belén Carreño (Reuters) – Spain’s labour market withstood soaring inflation and a crippling truckers’ strike in March to see a drop in unemployment, data …
Spectre of inflation threatens Macron’s economic gains as election looms
By Leigh Thomas PARIS – French President Emmanuel Macron risks seeing high inflation eroding economic gains achieved during his presidency as he seeks a second …
Mexico’s factories contract for 25th straight month, inflation rises
MEXICO CITY – Mexico’s manufacturing sector contracted for the 25th month in a row in March, amid rising inflation, global shortages of materials, and economic …
Peru’s monthly inflation hits 26-year high in March
LIMA -Peru’s inflation hit in March its highest level in more than two decades, the government said on Friday, driven by rising global fuel and …
Swedish govt sees economy slowing this year amid high inflation
STOCKHOLM – Sweden’s economy will slow this year with headline inflation expected to run at its highest level since the early 1990s, the government said …
ECB needs time to analyse fallout from ‘very high’ inflation: Lane
FRANKFURT – Euro zone inflation is “very high” but the European Central Bank needs time to assess the net impact of higher energy prices on …
Take Five: Q2 to test resilient stocks, peak inflation
(Reuters) – As the second quarter gets underway, the biggest question is when soaring inflation will finally peak. Federal Reserve minutes and a Reserve Bank …
Tight supply chains, inflation slow Spain’s factory activity in March- PMI
MADRID – Factory activity in Spain grew for a 14th consecutive month in March though at a slower pace because of pressure on supply chains …
India central bank focussed on growth, seen lagging on inflation fight
By Swati Bhat MUMBAI – Inflation is picking up in India, but the country’s central bank is likely to maintain its loose policy even as …
Mexican president eyes food price controls if inflation stays high
MEXICO CITY – Mexican President Andres Manuel Lopez Obrador said on Thursday his government will seek to control food prices if inflation cannot be brought …
As Fed trains sights on inflation, doves fade from view
By Ann Saphir and Howard Schneider (Reuters) – In mid-March, U.S. central bankers raised interest rates for the first time since 2018 and published projections …
Thai March economic activity pressured by rising inflation, infections
BANGKOK – Thailand’s economic activity in March came under pressure from rising coronavirus infections and higher inflation driven by increasing energy prices, after a recovery …
ECB sees inflation stabilising around 2% target: Lane
FRANKFURT – Euro zone inflation is increasingly likely to stabilise around 2% but the European Central Bank should be ready to change course if the …
Inflation in Russia climbs above 15.6%, highest since September 2015
(Reuters) – Annual inflation in Russia accelerated to 15.66% as of March 25, its highest since September 2015 and up from 14.53% a week earlier, …
Mexico inflation descent to be long, slow process, board member says
MEXICO CITY – Headline and core inflation rates in Mexico are still very high, and bringing them down will be a lengthy process, Mexican central …
Barkin: Ukraine may add to inflation, but so far has not hit broader demand
(Reuters) – The war in Ukraine has added to inflationary pressure in the U.S. but so far does not appear to have influenced demand for …
Amazon gets rare ‘underperform’ rating on risks from higher expenses, inflation
(Reuters) – Amazon.com Inc received a rare “underperform” rating from BNP Paribas Exane on Wednesday, with the French brokerage saying the e-commerce giant faces a …
German inflation rises more than expected in March
BERLIN – German annual inflation rose more than expected in March as prices of natural gas and mineral oil products soared after Russia’s invasion of …
Euro zone facing slower growth, higher inflation: ECB’s Lagarde
FRANKFURT – Europe is facing slower growth and higher inflation as the war in Ukraine is draining confidence and pushing up energy prices, European Central …
Canada to present its 2022 budget next week as inflation soars
OTTAWA -Canada’s federal government will present its 2022 budget on April 7, Finance Minister Chrystia Freeland said on Tuesday, as it plans to boost spending …
Irn-Bru maker won’t rule out more price hikes as inflation bites
By Sinchita Mitra (Reuters) – The maker of Scottish soft drink Irn-Bru will keep prices unchanged for the next six months but won’t rule out …
French consumer confidence wilts in March on inflation fears
PARIS – French consumer confidence fell in March to its lowest point in a little more than a year as inflation fears surged to their …