ECB leaves rate at record high, notes fall in underlying inflation
FRANKFURT (Reuters) – The European Central Bank left its key interest rate at a record-high 4% on Thursday and noted underlying inflation had continued to fall, also thanks to high borrowing costs.…
ECB survey points to stickier underlying inflation
FRANKFURT (Reuters) – Core inflation in the euro zone will come down more slowly than previously thought as wage growth is seen picking up in a tight labour market, a European Central…
NY Fed data shows underlying inflation may be slower than thought
By Howard Schneider WASHINGTON (Reuters) – New data from the New York Federal Reserve shows underlying inflation may have slowed faster than the headline measures that have kept U.S. central bank officials…
Euro zone underlying inflation sticky, ECB’s Schnabel says in Washington
WASHINGTON (Reuters) -Underlying inflation in the euro zone is proving sticky and the recent fall in energy costs may not pull it down as fast as some expect, European Central Bank board…
Swedish inflation soars in February, Riksbank under pressure
By Simon Johnson STOCKHOLM (Reuters) -Broad inflation jumped in Sweden in February, data showed on Wednesday, putting pressure on the central bank to hike aggressively at its next meeting in April and…
MIKE MCKENNA: The Speaker Vote Reveals A Lot About The House’s Underlying Dysfunction
MIKE MCKENNA: The Speaker Vote Reveals A Lot About The House’s Underlying Dysfunction Michael McKenna on January 6, 2023 There can be no doubt that this week’s repeated and repetitive votes for…
Swedish central bank’s Floden says underlying inflation pressure worrying
STOCKHOLM (Reuters) – A continued rise in underlying inflation is a worry, Swedish central bank Deputy Governor Martin Floden said on Tuesday. Underlying inflation was 7.9% in October compared to a year…
Volvo Cars’ sales up 7% in October on “robust” underlying EV demand
STOCKHOLM (Reuters) -Sweden-based Volvo Car AB said on Wednesday its sales grew 7% year-on-year in October to 54,317 cars. “Overall underlying demand for the company’s cars remains robust, especially for its recharge…
U.S. producer prices accelerate in June, but underlying inflation slowing
WASHINGTON – U.S. producer prices increased more than expected in June amid rising costs for energy products, but underlying producer inflation appeared to have peaked. The producer price index for final demand…
ECB must focus on underlying inflation, Villeroy says
PARIS – The European Central Bank (ECB) needs to look beyond short-term swings in energy prices and focus on underlying inflation trends, ECB policymaker Francois Villeroy de Galhau said on Tuesday. Villeroy,…
Get a Boost: Governor Hogan, State Health Officials Urge Marylanders with Comorbidities to Get a COVID-19 Booster Shot
ANNAPOLIS, MD—Following final CDC approval, Governor Larry Hogan today announced the updated status of COVID-19 booster shot eligibility in the State of Maryland and the opportunity to mix and match vaccines. State health…
Breaking News
