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Argentina inflation seen hitting 149% this year, up from previous poll

Argentina inflation seen hitting 149% this year, up from previous poll

© Reuters. FILE PHOTO: A costumer counts money before buying tangerines in a green grocery store, as Argentines struggle amid rising inflation, in Buenos Aires, Argentina May 11, 2023. REUTERS/Agustin Marcarian BUENOS AIRES (Reuters) – Analysts polled by Argentina’s central bank forecast annual inflation this year at 149%, above the 126% expected in the previous…

Swiss National Bank Chairman hints at rate rises to tackle inflation

Swiss National Bank Chairman hints at rate rises to tackle inflation

© Reuters. FILE PHOTO: Swiss National Bank Chairman Thomas Jordan attends the shareholders meeting of SNB in Bern, Switzerland, April 28, 2023. REUTERS/Denis Balibouse ZURICH (Reuters) – The Swiss National Bank could raise interest rates to tackle inflation which remains above target, Chairman Thomas Jordan said in an interview published on Saturday, Jordan defended the…

Japan upgrades Q1 GDP on solid capex

Japan upgrades Q1 GDP on solid capex

© Reuters. FILE PHOTO: People wearing protective face masks walk on a pedestrian crossing, amid the coronavirus disease (COVID-19) pandemic, in Tokyo, Japan January 19, 2022. REUTERS/Issei Kato By Kantaro Komiya TOKYO (Reuters) – Japan’s economy grew more than initially thought in January-March, revised data showed on Thursday, as a post-pandemic pickup in domestic spending…