(Reuters) – Underlying inflation in the euro zone remains sticky and monetary policy needs to be more stubborn than price growth, Bundesbank President Joachim Nagel told Bloomberg TV on Thursday. …
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By Steve Scherer OTTAWA (Reuters) – The Bank of Canada (BoC) is heading toward a second consecutive quarter-point interest rate hike on Wednesday after a month of economic data revealed …
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By William Schomberg LONDON (Reuters) – The Bank of England (BoE) is poised to raise borrowing costs for the 12th meeting in a row on Thursday, as it tries to …
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STOCKHOLM (Reuters) – The Swedish central bank might have underestimated inflationary pressure and will likely have to stick to its forecasts of another interest rate hike in April, Riksbank Governor …
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(Reuters) – Eurozone policy-setters must be “stubborn” and continue increasing borrowing costs to battle inflation, Bundesbank chief Joachim Nagel told the Financial Times in comments published on Wednesday. The remarks …
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‘No Sign Of Falling’: Obama Economist Sounds Alarm On Stubborn Inflation John Hugh DeMastri on March 14, 2023 Core inflation, which economists consider a leading indicator of future trends in …
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SHANGHAI/BEIJING – Shanghai was tightening its COVID-19 lockdown for what it hoped would be the final week of its battle with the virus before it could gradually begin to ease …