Kashkari: Fed has more work to do to control inflation
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Minneapolis President Neel Kashkari said on Monday that the U.S. central bank likely …
Inflation,
Fed’s Cook says hopes current policy setting is adequate to settle inflation
WASHINGTON (Reuters) – Federal Reserve Gov. Lisa Cook said she hopes the central bank’s current target interest rate is adequate to return inflation to the …
Families Are Struggling Under Rising Inflation, Biden-Led Regulation, Experts Say
Families Are Struggling Under Rising Inflation, Biden-Led Regulation, Experts Say Will Kessler on November 5, 2023 Key costs for families, like child-care and shelter, have …
US holiday sales growth to slow as inflation pinches wallets – report
By Ananya Mariam Rajesh and Deborah Mary Sophia (Reuters) – U.S. holiday sales in 2023 are expected to rise at the slowest pace in five …
Canada govt spending to feed inflation next year, central banker says
By Steve Scherer and Ismail Shakil OTTAWA (Reuters) – Spending by federal and provincial governments in Canada will start feeding into inflation next year if …
Weak yen, inflation overshoot may prod BOJ to phase out stimulus by year-end: ex-BOJ official
By Leika Kihara and Yoshifumi Takemoto TOKYO (Reuters) – The Bank of Japan may prefer to go slow in ending ultra-low interest rates, but the …
Japan’s factory activity squeezed by weak demand, inflation in Oct – PMI
TOKYO (Reuters) – Japan’s factory activity contracted for a fifth straight month in October, a survey showed on Wednesday, as subdued demand and inflationary pressures …
Italy’s economy stagnates in Q3, but inflation slows sharply
By Gavin Jones and Antonella Cinelli ROME (Reuters) – Italy’s economy stagnated in the third quarter from the previous three months, preliminary data showed on …
Inflation Got You Down? You Can Get a $7 Pizza at Pizza Hut in New Jersey
TOMS RIVER, NJ – In a move as hot as a fresh pepperoni pie, Pizza Hut is rolling out its $7 Deal Lover’s Menu, serving …
Poll Shows Inflation to Rise in 2024, Impacting New York, New Jersey Consumers
NEWARK, NJ – There is no relief from inflation in sight, especially for consumers in New York and New Jersey, two of the states where …
BOJ meets as rising global yields, inflation test yield cap
By Leika Kihara TOKYO (Reuters) – The Bank of Japan will face growing pressure at its policy meeting next week to shift further away from …
Core inflation in Japan’s capital unexpectedly accelerates, BOJ in spotlight
By Leika Kihara and Takahiko Wada TOKYO (Reuters) -Core consumer inflation in Japan’s capital Tokyo, considered a leading indicator of nationwide trends, unexpectedly accelerated in …
US business output ticks up in October; inflation pressures ease
(Reuters) – U.S. business output ticked higher in October as the manufacturing sector pulled out of a five-month contraction on a pickup in new orders, …
Australia central bank sees risks on inflation, will not hesitate on rates
SYDNEY (Reuters) – Australia’s top central banker on Tuesday warned there were risks inflation would prove more stubborn than expected and that interest rates might …
Japan’s price trend gauge hits record, signals broadening inflation
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) – A key measure of Japan’s trend inflation accelerated to 2% in September, hitting a record and …
Mexico inflation likely ticked down in first half of October: Reuters poll
MEXICO CITY (Reuters) – Mexico’s inflation likely eased in the first half of October, but still stuck above the central bank’s target, a Reuters poll …
Sri Lanka inflation rate eases to 0.8% in Sept vs 2.1% in Aug
COLOMBO (Reuters) -Sri Lanka’s consumer price inflation rate eased to 0.8% year-on-year in September from 2.1% in August, the statistics department said on Monday. The …
Inflation, commercial real estate among top financial stability concerns -Fed survey
By Pete Schroeder WASHINGTON (Reuters) -The chance for persistent inflation to keep interest rates higher and potential losses in the commercial real estate market are …
Fed’s Bostic: Lowering inflation still main US central bank mission
NEW YORK (Reuters) – Federal Reserve Bank of Atlanta President Raphael Bostic said on Thursday that controlling inflation is still the U.S. central bank’s mission, …
Malteurop sees demand rebound for beer ingredient despite inflation
(Reuters) – Inflation is curbing short-term demand for malt, but demand looks to rebound soon for the beer ingredient made from barley after brewers depleted …
BOJ seen lifting inflation forecasts as pressure on policy grows
By Leika Kihara TOKYO (Reuters) – The Bank of Japan is expected to raise its inflation forecasts this month to show prices exceeding its 2% …
Australia central bank sees challenging economy, inflation risks
SYDNEY (Reuters) – The head of Australia’s central bank on Wednesday said the domestic economy was in a “challenging” situation with consumption slowing but inflation …
Fed’s Kashkari: inflation still too high
(Reuters) – Minneapolis Federal Reserve Bank President Neel Kashkari on Tuesday said it has taken much longer than expected for inflation to come down, and …
Russia may need tighter policy to bring inflation to target -c. bank analysts
MOSCOW (Reuters) – Inflation in Russia continues to accelerate and a return to the central bank’s 4% target may require additional monetary policy tightening, according …
Patricia Bullrich: Argentine conservative pledges ‘backbone’ to fight inflation, crime
By Eliana Raszewski and Lucila Sigal BUENOS AIRES (Reuters) – Argentine conservative Patricia Bullrich, who many pegged just months ago as favorite to win the …
South Africa’s path to inflation stabilisation uncertain- cenbank
JOHANNESBURG (Reuters) – South Africa’s central bank said on Tuesday that upside risks to inflation had strengthened over the past months, heightening uncertainty about a …
Bank of Israel hints in no rush to cut rates as this would stoke inflation
By Steven Scheer JERUSALEM (Reuters) – The Bank of Israel hinted on Tuesday that it was in no rush to lower interest rates despite Israel’s …
Bank of England’s Dhingra sees weaker wage growth, lower inflation
By David Milliken LONDON (Reuters) – Recent labour market data shows a softening economy which is likely to lead to slower wage growth and reduced …
Australia’s central bank saw upside risks to inflation at Oct policy meeting
SYDNEY, Oct 17 (Reuters) – Australia’s central bank considered raising rates at its recent policy meeting but judged there was not enough new information to …
Fed’s Goolsbee says fall in US inflation is not just a blip- FT
(Reuters) – Chicago Fed president Austan Goolsbee said it is “undeniable” that the slowdown in U.S. inflation is a trend rather than a momentary blip, …
Runaway Inflation ‘Unlikely’ To Be Reeled In Under Biden Administration, Experts Say
Runaway Inflation ‘Unlikely’ To Be Reeled In Under Biden Administration, Experts Say Will Kessler on October 15, 2023 The last time that inflation was measured …
Persistent US services inflation dampens oil outlook: Kemp
By John Kemp LONDON (Reuters) -U.S. service-sector businesses returned to steady expansion in the third quarter after a brief and scarcely perceptible slowdown in the …
Yellen says believes US housing inflation will still ease over time
By David Lawder and Andrea Shalal MARRAKECH, Morocco (Reuters) -U.S. Treasury Secretary Janet Yellen told Reuters on Friday that she still believes U.S. shelter inflation …
Inflation has peaked in Germany – Bundesbank’s Nagel
MARRAKESH (Reuters) – Inflation in Germany is on a downward trajectory, Bundesbank President Joachim Nagel said on Friday on the sidelines of an International Monetary …
Japan households’ inflation expectations rise slightly – BOJ poll
TOKYO (Reuters) -Japanese households’ inflation expectations rose slightly in the three months to September, a central bank quarterly survey showed on Friday. The survey will …
Marketmind: After US, inflation focus turns to China
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. As investors digest the market …
Marketmind: Fed’s data-driven approach set for inflation test
A look at the day ahead in U.S. and global markets by Samuel Indyk The minutes from the Federal Reserve’s September policy meeting on Wednesday …
Marketmind: Inflation test looms for Fed doves
By Kevin Buckland A look at the day ahead in European and global markets from Kevin Buckland Just as markets start to get comfortable with …
Russian inflation accelerates at fastest monthly rate since April 2022
(Reuters) – Inflation in Russia accelerated in September at its fastest month-on-month pace since April 2022, when double-digit price rises gripped Russia after its invasion …
ECB may have done enough to fight off inflation: de Cos
MARRAKECH (Reuters) – The European Central Bank may have done enough to fight off inflation but needs to keeps its options open in case new …
Fed’s ‘golden path’ to lower inflation may have some potholes
By Howard Schneider and Ann Saphir DALLAS (Reuters) – The “golden path” some Federal Reserve officials see leading to lower inflation without high unemployment may, …
South Korea central bank chief sees inflation just above 3% by year-end
By Cynthia Kim SEOUL (Reuters) – South Korea’s central bank governor said on Wednesday he sees headline inflation slowing to just above 3% by the …
Fed will stay ‘on the job’ to reduce inflation, Waller says
(Reuters) – Federal Reserve Governor Christopher Waller on Tuesday reiterated the U.S. central bank’s determination to bring inflation down to its 2% target, but did …
NY Fed finds mixed bag for consumer’s expected inflation path in September
By Michael S. Derby (Reuters) – Americans had a mixed take on the outlook for inflation last month, as they downgraded their views on their …
UK grocery inflation eases to lowest level since July 2022 -Kantar
By James Davey LONDON (Reuters) – British grocery inflation eased to its lowest rate for 15 months heading into October, industry data showed on Tuesday, …
ECB’s Villeroy : inflation to still land at around 2 pct by 2025 despite violence in Israel
PARIS (Reuters) – Inflation should still land at the European Central Bank’s target of around 2% by 2025 despite the violence in Israel weighing on …
Mexico’s inflation eases further in September, still above bank target
(Reuters) -Mexico’s annual inflation eased in September for the eighth consecutive month and stood at 4.45%, still above the central bank’s target, data on Monday …
ECB’s Lagarde: confident over 2% inflation target and Europe’s winter gas situation
PARIS (Reuters) -European Central Bank President Christine Lagarde said in an interview published on Sunday that she was confident the ECB would meet its target …
ECB policies are taming inflation, but uncertainty persists-Herodotou
LIMASSOL, Cyprus (Reuters) – The ECB’s monetary policy transmission is working to tame inflation, though material uncertainty persists in the euro area, ECB policymaker Constantinos …
‘Greedy beast’ of inflation not yet defeated, Bundesbank chief says
FRANKFURT (Reuters) – Euro zone inflation is falling but the fight is not yet won and the high rate of underlying price growth remains worrisome, …