Near-term expected US inflation at more than 2-year low, NY Fed says
By Michael S. Derby NEW YORK (Reuters) – The path U.S. consumers expect inflation to take over the next year softened in November to the lowest level in more than two years,…
Bank of America CEO says Fed has won the near-term battle against inflation
By Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) – The Federal Reserve has won the near-term battle against inflation, but interest rates are likely to stay higher for longer, Bank of…
SocGen equity strategists upbeat on S&P 500 near-term, cautious into 2024
By Lewis Krauskopf NEW YORK (Reuters) – The U.S. S&P 500 is set to rise into the end of the year as investors price in a more upbeat economic outlook, according to…
Potential UAW strike presents a near-term headwind for auto insurers – JPM
By Reshma Rockie George (Reuters) – J.P.Morgan on Thursday said supply chain disruptions from a potential United Auto Workers (UAW) union strike would cut new vehicle production, drive up used car prices…
China’s deflation a near-term positive for Western central banks – PIMCO
By Davide Barbuscia NEW YORK (Reuters) -Deflationary pressures in China could spill over into global markets, which is potentially near-term good news for Western central banks as they seek to curb inflation,…
NY Fed survey finds waning near-term inflation expectations
By Michael S. Derby (Reuters) – Americans said in June they were expecting the weakest near-term inflation gains in just over two years, while continuing to mark up the expected path of…
Brazil real to take near-term support from improving economic outlook: Reuters Poll
By Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s currency will likely enjoy some support in the near term from faster economic growth and progress on reforms, despite the prospect of less favorable…
Cleveland Fed report says near-term inflation expectations data now key
By Michael S. Derby (Reuters) – Contrary to how many Federal Reserve officials have tended to focus on longer-run inflation expectations data as a tool to divine real world price pressures, a…
Rise of near-term options trading carries risk of Volmageddon 2.0 -JPM’s Kolanovic
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The rise of trading in near-term U.S. equity options has the potential to deliver a volatility shock to markets, not unlike the “Volmageddon” crash…
Suncorp cash earnings jump on strong margins and investment returns, shares up
By Roushni Nair (Reuters) -Australia’s Suncorp Group posted a 63% jump in first-half cash earnings on Wednesday, helped by strong underlying margins and investment returns, while the insurer flagged higher reinsurance and…
NY Fed survey finds reduced near-term inflation expectations in December
By Michael S. Derby NEW YORK (Reuters) – U.S. households see weaker near-term inflation and are expecting notably less spending, even as they foresee their incomes continuing to rise, the New York…
Brazil industrial output rises in October but near-term outlook remains cloudy
SAO PAULO (Reuters) – Industrial production in Brazil rose 0.3% in October from September, government statistics agency IBGE said on Friday, returning to positive territory after two consecutive monthly declines though still…
UK manufacturers gloomy about near-term outlook – CBI
By David Milliken LONDON (Reuters) -British manufacturers expect the biggest drop in production since the start of last year over the next three months, a monthly survey from the Confederation of British…
Japan planning new economic package in October after near-term help
By Daniel Leussink and Kantaro Komiya TOKYO (Reuters) -Japanese Prime Minister Fumio Kishida said the government will present another economic package in October, which would add to a slew of measures to…
U.S. consumer sentiment improves further in August; near-term inflation expectations fall
WASHINGTON – U.S. consumer sentiment improved further in August and households’ near-term inflation expectations fell to an eight-month low amid declining gasoline prices, a survey released on Friday showed. The University of…
New Zealand’s near-term inflation expected to slow, central bank survey shows
WELLINGTON – New Zealand’s near-term rate of inflation is expected to slow in the third quarter of 2022, a survey showed on Monday. The Reserve Bank of New Zealand’s (RBNZ) quarterly survey…
U.S. weighs jets for Ukraine but not near-term, White House says
WASHINGTON – The U.S. Department of Defense is considering whether it can send fighter jets to Ukraine in the future, a White House spokesman told reporters on Friday as the conflict with…
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