Tag: Economic Indicators

© Reuters. Food prices are displayed at a market in Rio de Janeiro, Brazil April 8, 2022. REUTERS/Ricardo Moraes BRASILIA (Reuters) – Brazil’s central bank is aiming for inflation in 2023 “around” the 3.25% target but less than 4%, its chief, Roberto Campos Neto, said on Thursday, as policymakers hike interest rates to cool surging…

2/2 © Reuters. FILE PHOTO: U.S. Federal Reserve Board Chairman Jerome Powell faces reporters after the Federal Reserve raised its target interest rate by three-quarters of a percentage point to stem a disruptive surge in inflation, during a news conference following a t 2/2 By Ann Saphir and Lindsay (NYSE:LNN) Dunsmuir (Reuters) – The Federal…

© Reuters. Figurines are seen in front of displayed stock graph and word “Inflation” in this illustration taken June 13, 2022. REUTERS/Dado Ruvic/Illustration By Davide Barbuscia NEW YORK (Reuters) – Central banks’ focus on fighting persistently high inflation could lead to a recession over the next two years and raise the risk of ‘financial accidents’,…

© Reuters. The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. REUTERS/Sarah Silbiger By Ann Saphir (Reuters) -Federal Reserve Governor Christopher Waller on Saturday became the latest U.S. central banker to pledge a whatever-it-takes approach to fighting inflation, three days after the Fed raised…

2/2 © Reuters. FILE PHOTO: The logo of Swiss bank Credit Suisse is seen at its headquarters in Zurich, Switzerland February 22, 2022. Picture taken February 22, 2022. REUTERS/Arnd Wiegmann/ 2/2 LONDON (Reuters) – Scandal-hit lender Credit Suisse has opted to tap investors for a pricier dollar bond in order to repay a $1.5 billion…

2/2 © Reuters. FILE PHOTO: A newly-constructed home is listed for sale on an advertising board in the Sydney suburb of Greenhills Beach, Australia, August 2, 2016. REUTERS/Jason Reed 2/2 SYDNEY (Reuters) – A measure of Australian consumer sentiment slid for a seventh straight month to match pandemic lows in June amid an outsized rise…

© Reuters. FILE PHOTO: People walk past a branch of Jobcentre Plus, a government run employment support and benefits agency, in Hackney, London, Britain, August 6, 2020. REUTERS/John Sibley By William Schomberg and David Milliken LONDON (Reuters) – Britain’s jobless rate rose for the first time since late 2020 and other measures of the country’s…

© Reuters. FILE PHOTO: U.S. President Joe Biden speaks during the opening plenary session at the Ninth Summit of the Americas in Los Angeles, California, U.S., June 9, 2022. REUTERS/Daniel Becerril By Trevor Hunnicutt and Jarrett Renshaw LOS ANGELES (Reuters) -U.S. President Joe Biden on Friday accused the U.S. oil industry, and Exxon Mobil Corp…

© Reuters. U.S. President Joe Biden speaks during a visit to the Port of Los Angeles, during the Ninth Summit of the Americas in Los Angeles, California, U.S., June 10, 2022. REUTERS/Kevin Lamarque By Trevor Hunnicutt BEVERLY HILLS, Calif. (Reuters) – President Joe Biden cautioned that U.S. inflation could last “for a while” after data…

2/2 © Reuters. FILE PHOTO: A person shops at a Trader Joe’s grocery store in the Manhattan borough of New York City, New York, U.S., March 10, 2022. REUTERS/Carlo Allegri 2/2 By Ann Saphir and Lindsay (NYSE:LNN) Dunsmuir (Reuters) -Stubbornly hot U.S. inflation is fueling bets that the Federal Reserve will get more aggressive about…