By Gergely Szakacs BUDAPEST (Reuters) – Hungary’s central bank is likely to leave its base rate unchanged at 13% next Tuesday, the highest in the European Union, amid a continued …
Inflation,
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FRANKFURT (Reuters) – Inflation in Germany, the euro zone’s biggest economy, is likely to be higher than earlier thought while economic growth will be weaker with a recession next year …
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PARIS (Reuters) – European Central Bank (ECB) member and Bank of France head Francois Villeroy de Galhau said on Friday the fight against inflation wasn’t over, adding it should peak …
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Japan Nov consumer inflation likely to hit fresh four-decade high – Reuters poll
by Reutersby ReutersTOKYO (Reuters) – Japan’s nationwide consumer price inflation likely hit a fresh 40-year high in November, as firms increasingly passed on high energy, food and raw material costs to households, …
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Philippines central bank chief flags more rate hikes to tame inflation – Bloomberg TV
by Reutersby ReutersMANILA (Reuters) – The Philippines central bank will likely have to continue raising rates at its next two meetings to ensure inflation returns to within its 2-4% target range next …
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Analysis-No turning back: Global central banks vow to stay the course on inflation
by Reutersby ReutersBy Howard Schneider WASHINGTON (Reuters) – Central banks in Europe on Thursday followed the Federal Reserve in slowing the pace of interest rate increases but also offered a similar stark …
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Bank of Canada’s inflation fight made harder as bond yields fall
by Reutersby ReutersBy Fergal Smith and Steve Scherer TORONTO (Reuters) – The Bank of Canada likely faces a challenge in 2023 convincing markets not to expect a swift reversal in its interest …
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Portugal to give one-off subsidy to poorest families amid soaring inflation
by Reutersby ReutersLISBON (Reuters) – Portugal’s government approved a one-off subsidy of 240 euros for over a million poor families, whose purchasing power is being hard hit by soaring inflation, Labour Minister …
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Philly Fed manufacturing survey shows inflation pressures at 27-month low
by Reutersby Reuters(Reuters) – Manufacturing activity in the U.S. mid-Atlantic region contracted for a fourth straight month in December, but factory operators reported a brighter outlook and said inflation pressures were easing …
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LINDA MCMAHON: Biden’s Inflation Disaster Is Still Wreaking Havoc On Americans’ Finances
LINDA MCMAHON: Biden’s Inflation Disaster Is Still Wreaking Havoc On Americans’ Finances Linda McMahon on December 14, 2022 On the surface, inflation appears to be moderating, with November’s Consumer Price …
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FRANKFURT (Reuters) – The European Central Bank raised its inflation projections for the euro zone on Thursday and said price growth would remain above its 2% target throughout a projection …
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By Chijioke Ohuocha ABUJA (Reuters) -Annual inflation in Nigeria climbed to 21.47% in November from October’s rate of 21.09%, accelerating for the 10th straight month as food prices surged, the …
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By Michael S. Derby WASHINGTON (Reuters) – Federal Reserve Chair Jerome Powell, leading a central bank faced with the swiftest rise in consumer prices in decades, ruled out on Wednesday …
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Exclusive-ECB sees inflation above target through 2025, source says
by Reutersby ReutersBy Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) – The European Central Bank expects inflation to remain above its 2% target for the next three years, one source told Reuters, …
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Inflation Comes In Under Expectations But Continues To Run Red-Hot In November
Inflation Comes In Under Expectations But Continues To Run Red-Hot In November John Hugh DeMastri on December 13, 2022 Inflation undershot economist’s expectations in November, growing 0.1% on a monthly …
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Argentina inflation to cool slightly on food price freezes, analysts say
by Reutersby ReutersBy Hernan Nessi BUENOS AIRES (Reuters) – Argentina inflation is expected to have cooled slightly in November, a Reuters poll of analysts showed on Tuesday, though remains high with prices …
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Czech policymaker Dedek says steady rates needed as inflation peaks
by Reutersby ReutersBy Robert Muller PRAGUE (Reuters) – The Czech National Bank can hold off on interest rate rises as inflation is peaking, although any loosening of monetary policy is still way …
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(Reuters) – Futures for Canada’s resources-heavy main stock index climbed on Tuesday as commodity prices rose, while investors kept a close watch on a key U.S. inflation reading for clues …
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Bank of Canada says higher rates are starting to work, frets over inflation risk
by Reutersby ReutersOTTAWA, Dec 12 (Reuters) – The Bank of Canada’s rapid-fire rate hikes are starting to slow the economy, the governor said on Monday, but while the bank wants to avoid …
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Erdogan: Turkey’s inflation will fall to 40% in months, 20% in 2023
by Reutersby ReutersANKARA (Reuters) – Turkey’s President Tayyip Erdogan said on Monday it was “apparent” that inflation would fall to around 40% in a few months, and further to 20% in 2023. …
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Russia to hold rates at 7.5% this week as inflation slows: Reuters poll
by Reutersby ReutersBy Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) – The Russian central bank is expected to hold its key interest rate at 7.5% on Friday, as inflation continues to slow …
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Bond investors expect smaller Fed rate hike but brace for inflation shocks
by Reutersby ReutersBy Davide Barbuscia NEW YORK (Reuters) – The U.S. Federal Reserve’s likely shift to a smaller interest rate increase this week could offer some respite to bond investors hit hard …
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BERLIN (Reuters) – TUI, the world’s largest holiday company, is seeing growing demand for travel despite the energy crisis and double-digit inflation, the company said on Monday, as it sets …
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Key Inflation Metric Shows High Prices Aren’t Going Anywhere Just Yet
Key Inflation Metric Shows High Prices Aren’t Going Anywhere Just Yet John Hugh DeMastri on December 9, 2022 Wholesale prices beat expectations in November, a sign that inflation might not …
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German economy ministry calls for joint EU response to U.S. inflation act
by Reutersby ReutersBERLIN (Reuters) – Germany wants a joint European response to the U.S. Inflation Reduction Act that would involve simplifying rules on state support and expanding funding opportunities, according to a …