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Tag:

Inflation,

  • Business News

    No plans to go back to Congress to change inflation act – White House

    by Reuters December 2, 2022
    by Reuters December 2, 2022

    WASHINGTON (Reuters) – There are no plans to go back to Congress to push for changes to the Inflation Reduction Act, the White House said Friday, a day after President …

  • Conservative TimesPoliticsTop HeadlinesTrending NewsUS and World News

    Jerome Powell Claims ‘Nobody’ Expected Inflation To Get So High. Here Are The Economists Who Did.

    by The Daily Caller December 2, 2022
    by The Daily Caller December 2, 2022

    Jerome Powell Claims ‘Nobody’ Expected Inflation To Get So High. Here Are The Economists Who Did. Harold Hutchison on November 30, 2022 Federal Reserve Chairman Jerome Powell claimed Wednesday “nobody” …

  • Business News

    Explainer-ECB to start offloading debt to fight inflation

    by Reuters December 2, 2022
    by Reuters December 2, 2022

    FRANKFURT (Reuters) – The European Central Bank is all but certain to start offloading some of its 5 trillion euro ($5.3 trillion) bond stash next year as it ramps up …

  • Business News

    Germany’s Scholz welcomes Biden’s openness to tweaking U.S. inflation act

    by Reuters December 2, 2022
    by Reuters December 2, 2022

    BERLIN (Reuters) – German Chancellor Olaf Scholz welcomed comments by U.S. President Joe Biden that he is open to tweaking the Inflation Reduction Act that has raised fears in Europe …

  • Business News

    Indonesia inflation expectations coming down near central bank’s forecast – gov

    by Reuters December 2, 2022
    by Reuters December 2, 2022

    (Reuters) – Indonesia’s central bank governor Perry Warjiyo said on Friday inflation expectations were coming down rapidly after Bank Indonesia (BI) started hiking interest rates aggressively four months ago. He …

  • Business News

    China central bank says to support growth, sees moderate inflation in 2023

    by Reuters December 1, 2022
    by Reuters December 1, 2022

    BEIJING (Reuters) – China’s central bank will focus on supporting the slowing economy, People’s Bank of China Governor Yi Gang said on Friday, adding that domestic consumer inflation is likely …

  • Business News

    IMF’s Georgieva flags inflation, China slowdown as risks to Asia

    by Reuters December 1, 2022
    by Reuters December 1, 2022

    By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva flagged rising inflationary pressures and China’s economic slowdown as risks to Asia’s economic outlook, …

  • Breaking NewsCentral Jersey NewsCommunity NewsFeatured NewsNew Jersey NewsNorth Jersey NewsSouth Jersey News

    Salvation Army sees increase in need as New Jerseyans battle inflation, rising food costs

    by Phil Stilton December 1, 2022
    by Phil Stilton December 1, 2022

    In what has become a holiday tradition, the Salvation Army has officially kicked off its annual Red Kettle fundraising campaign across New Jersey – and is issuing a rallying cry for Americans to …

  • US and World News

    Analysis-Retailers turn to robots in cost inflation fight

    by Reuters December 1, 2022
    by Reuters December 1, 2022

    By James Davey LONDON (Reuters) – At a vast warehouse in the southern Dutch city of Roosendaal, automated cranes and driverless vehicles silently stack clothes for the French and Italian …

  • Business News

    Swiss inflation steady at 3.0% in November as expected

    by Reuters December 1, 2022
    by Reuters December 1, 2022

    ZURICH (Reuters) – Swiss consumer price inflation held steady at 3.0% in November but still overshot the Swiss National Bank’s 0-2% target range for the 10th month in a row, …

  • Business News

    India Nov factory activity hits 3-month high as inflation cools

    by Reuters December 1, 2022
    by Reuters December 1, 2022

    By Anant Chandak BENGALURU (Reuters) – India’s factory activity expanded at its fastest pace in three months in November, a private survey showed on Thursday, signalling resilient demand despite deteriorating …

  • Business News

    Germany trying to find amicable agreement with U.S. on inflation act

    by Reuters November 30, 2022
    by Reuters November 30, 2022

    BERLIN (Reuters) – Germany and its European Union partners are trying to find an amicable agreement with the United States on how to deal with the effects of the U.S …

  • Business News

    Reelin’ in the year: Powell’s pivot, Fed unity, and the war on inflation

    by Reuters November 30, 2022
    by Reuters November 30, 2022

    By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve started 2022 expecting a surge in inflation to subside as the pandemic-scarred economy got back to normal, and divided over how …

  • Business News

    Portugal’s 12-month inflation at 9.9% in November, slows down vs Oct

    by Reuters November 30, 2022
    by Reuters November 30, 2022

    LISBON (Reuters) – Portuguese consumer prices rose 9.9% year-on-year in November, slowing down slighly from the 10.1% reported in the previous month, flash data from the National Statistics Institute (INE) …

  • Business News

    French consumer spending falls in October, inflation unchanged in November

    by Reuters November 30, 2022
    by Reuters November 30, 2022

    PARIS (Reuters) – France’s economy eked out meagre growth in the third quarter of 2022 while household spending fell more than expected in October and inflation remained at a high …

  • Business News

    Australia monthly inflation slows in October, hints at possible peak

    by Reuters November 29, 2022
    by Reuters November 29, 2022

    By Wayne Cole SYDNEY (Reuters) – Australian inflation slowed in October as prices for fruit and vegetables fell sharply and holidays costs took a surprise dip, an unexpected turn that …

  • Business News

    Biden says inflation is slowing in ‘good news for the holiday season’

    by Reuters November 29, 2022
    by Reuters November 29, 2022

    By Trevor Hunnicutt BAY CITY, Mich. (Reuters) – U.S. President Joe Biden on Tuesday hailed easing prices for gasoline, clothes and appliances as “good news for the holiday season,” but …

  • Business News

    Philippines central bank sees November inflation at 7.4-8.2%

    by Reuters November 29, 2022
    by Reuters November 29, 2022

    MANILA (Reuters) – The Philippines central bank expects November annual inflation to be in a range of 7.4% to 8.2%, reflecting upward price pressures from electricity and agricultural products, it …

  • Business News

    German inflation in key states eases in November

    by Reuters November 29, 2022
    by Reuters November 29, 2022

    BERLIN (Reuters) – German inflation dipped in five states in November, data showed on Tuesday, suggesting cost pressures eased in Europe’s largest economy – a welcome development for the European …

  • Business News

    Netherlands says inflation overstated due to skewed energy price calculation

    by Reuters November 29, 2022
    by Reuters November 29, 2022

    AMSTERDAM (Reuters) – Statistics Netherlands (CBS), the Dutch government’s statistics office, is looking at a problem with its energy price measurements, which it said has caused the country – and …

  • Business News

    ECB’s Lagarde says inflation hasn’t peaked, may surprise

    by Reuters November 28, 2022
    by Reuters November 28, 2022

    FRANKFURT (Reuters) -Euro zone inflation has not peaked and it risks turning out even higher than currently expected, European Central Bank President Christine Lagarde said on Monday, hinting at a …

  • Business News

    Labour turmoil sweeps Australia as inflation stirs ‘spirit of anger’

    by Reuters November 28, 2022
    by Reuters November 28, 2022

    By Byron Kaye and Sonali Paul SYDNEY/MELBOURNE (Reuters) – After a decade of making up to A$200,000 a year (about US$135,000) on oil and gas rigs as a fitter and …

  • Business News

    ECB’s Lagarde says we haven’t reached inflation peak

    by Reuters November 28, 2022
    by Reuters November 28, 2022

    FRANKFURT (Reuters) – Euro zone inflation has not peaked and the risk is that it will turn out even higher than currently expected, European Central Bank President Christine Lagarde said …

  • Business NewsFeatured News

    Black Friday online sales to hit record despite high inflation -Adobe Analytics

    by Reuters November 25, 2022
    by Reuters November 25, 2022

    (Reuters) -U.S. online spending is expected to set a record for Black Friday, according to Adobe Analytics, as steep discounts lured consumers against the backdrop of high inflation, kicking off …

  • Business News

    Malawi cuts 2022 growth forecast on power shortages and inflation

    by Reuters November 25, 2022
    by Reuters November 25, 2022

    By Frank Phiri BLANTYRE (Reuters) -Malawi has lowered its 2022 growth forecast to 1.7% from 4.1% due to problems with power generation and rising inflation that have piled pressure on …

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