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French Finance Minister: reaffirms inflationary peaks to last several more months

French Finance Minister: reaffirms inflationary peaks to last several more months

© Reuters. FILE PHOTO: Finance Minister Bruno Le Maire arrives before a meeting with France’s President Emmanuel Macron and India’s Prime Minister Narendra Modi at the Elysee Palace in Paris, France May 4, 2022. REUTERS/Gonzalo Fuentes PARIS (Reuters) – French Finance Minister Bruno Le Maire reaffirmed on Wednesday that he expected the peak in inflation…

U.S. Treasury says all buying of Russian debt and equity banned under sanctions

U.S. Treasury says all buying of Russian debt and equity banned under sanctions

2/2 © Reuters. FILE PHOTO: Plastic letters arranged to read “Sanctions” are placed in front the flag colors of U.S. and Russia in this illustration taken February 28, 2022. REUTERS/Dado Ruvic/Illustration 2/2 WASHINGTON/LONDON (Reuters) -The U.S. Treasury Department has advised U.S. money managers that Washington’s sanctions on Moscow bar any secondary market purchases of debt…

Australia Inflation Accelerated Further From 5.1%, Chalmers Says

Australia Inflation Accelerated Further From 5.1%, Chalmers Says

© Reuters. Australia Inflation Accelerated Further From 5.1%, Chalmers Says (Bloomberg) — Australian consumer prices have accelerated from the 5.1% recorded in the first three months, Treasurer Jim Chalmers said, intensifying pressure on households and suggesting further interest-rate increases ahead. “It’s now really clear that the inflation challenge that Australians are facing is worse,” Chalmers…