WASHINGTON – Inflation will need to move lower for “several months” before the Federal Reserve officials can safely conclude it has peaked, Cleveland Fed president Loretta Mester said Friday, adding …
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(Reuters) – The U.S. economic outlook has weakened and inflation is set to remain higher than previously expected for a while yet, a Federal Reserve Bank of Philadelphia survey of …
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By Arsh Tushar Mogre BENGALURU – Thailand’s economy likely grew modestly in the first quarter, thanks to robust exports and an easing of COVID-19 restrictions and despite low tourist arrivals …
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By Leika Kihara TOKYO – Japan’s core consumer inflation in April is expected be slightly higher than the central bank’s 2% target, hitting a seven-year peak as sharp climbs in …
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MEXICO CITY – A Mexican presidential decree will be issued on Friday to modify tariffs in the country’s import and export law in a bid to curb inflation, a finance …
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Dems’ Favorite Inflation Talking Point Just Got Debunked In Epic Fashion Thomas Catenacci on May 12, 2022 The Federal Reserve Bank of Dallas rebutted a popular claim from Democrats that …
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Inflation Is A Great Reason To Get An Abortion, Dem Lawmaker Says Laurel Duggan on May 12, 2022 Democratic California Rep. Katie Porter said inflation and rising prices reinforced the …
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By Tim Hepher DUBLIN – Inflation clauses that determine how much airlines pay for new jets have jumped into a “hyper-escalation” band, pushing up aircraft prices but still leaving manufacturers …
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COPENHAGEN – Denmark’s economy could grow as much as 3.4% this year despite the negative effects of the war in Ukraine and record high inflation, the finance ministry said on …
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SHEFFIELD: Inflation Spirals Out Of Control As Biden Plays The Blame Game Carrie Sheffield on May 11, 2022 Inflation spiked by a painful 8.3% in April, the Bureau of Labor …
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(Reuters) – U.S. April inflation at 8.3% remained “hot” but does not yet require the Federal Reserve to switch to three-quarter point rate increases, St. Louis Fed President James Bullard …
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‘Hidden Tax’: Inflation Runs Rampant After Biden Skirts Blame On Rising Costs Thomas Catenacci on May 11, 2022 Inflation eased in April, but still surged 8.3% year-over-year, a pace far …
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By Cooper Inveen ACCRA – Ghana’s consumer price inflation accelerated to 23.6% year-on-year in April from 19.4% in March, the statistics service said on Wednesday, a recent record one economist …
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‘The Strength That We’ve Built Is Inflation’: Biden Attempts To Explain Plan To Address Rising Prices Laurel Duggan on May 10, 2022 President Joe Biden said inflation was both a …
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SYDNEY – A measure of Australian consumer sentiment slid for a sixth straight month to a 21-month low in May as surging inflation and rising interest rates weighed on family …
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By Howard Schneider AMELIA ISLAND, Fla. – Inflation will need to show a “compelling” slowdown before the Federal Reserve can consider pausing its interest rate increases, Cleveland Federal Reserve President …
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EXCLUSIVE: Nikki Haley Blasts Biden On Inflation Before Big Speech Sebastian Hughes on May 10, 2022 Former U.N. Ambassador Nikki Haley’s advocacy group will launch a new ad on Tuesday attacking …
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ELTVILLE AM RHEIN, Germany -The European Central Bank should raise interest rates in July to stop high inflation becoming entrenched, German Bundesbank chief Joachim Nagel said on Tuesday, joining an …
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(Reuters) – The U.S. economy will experience turbulence from the Federal Reserve’s efforts to bring down inflation running at more than three times above its goal but policymakers must stay …
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FRANKFURT – Germany’s largest airport operator Fraport said on Tuesday it expects to be able to compensate for rising inflation by passing costs to customers even as it sees higher …
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KYIV – Ukraine’s inflation increased to 16.4% in April year-on-year from 13.7% in March, the state statistics service said on Tuesday, citing a sharp rise in food and energy prices …
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CAIRO – Egypt’s core inflation increased to 11.9% year on year in April from 10.1% in March, data from the central bank showed on Tuesday. (Reporting by Yasmin Hussein; Editing …
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By Julie Gordon OTTAWA – Faced with runaway inflation, Canada’s central bank has taken the rare step of providing guidance on the path of interest rates, as it aims to …
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(Reuters) – High inflation, volatility in stock and commodity markets and the war in Ukraine have emerged as the chief risks to the U.S. financial system, the Federal Reserve reported …
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By Promit Mukherjee and Helen Reid CAPE TOWN – Surging inflation is eating into gold miner Gold Fields’ contingency cost buffer for its Salares Norte project in Chile, Chief Executive …