Tag: Economic Indicators

© Reuters. Czech Crown coins are seen in front of a displayed logo of Czech central bank (CNB) in this picture illustration taken April 1, 2017. REUTERS/David W Cerny/Illustration/File Photo (Corrects graph 5 to show it is the country’s president, not the central bank’s president, who appoints new board members) By Jason Hovet (Reuters) -Czech…

2/2 © Reuters. FILE PHOTO: The logo of the Bank of Korea is seen on the top of its building in Seoul, South Korea, March 8, 2016. REUTERS/Kim Hong-Ji 2/2 SEOUL (Reuters) – South Korea’s central bank warned on Thursday that greater attention should be paid to the impact of a weaker won on inflation…

© Reuters. FILE PHOTO: Thailand’s central bank is seen at the Bank of Thailand in Bangkok, Thailand April 26, 2016. REUTERS/Jorge Silva By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) – Thailand’s central bank left its key interest rate unchanged at a record low again on Wednesday, despite surging inflation, and raised slightly its 2022…

© 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…

© Reuters. US Inflation Nearer 1980 Peak Than Thought, Summers Group Says (Bloomberg) — US inflation is running even closer today to its 1980 peak, fresh analysis of historical price data shows, suggesting that the Federal Reserve’s task of bringing price gains back to its target is tougher than previously thought. A group of economists…

© Reuters. FILE PHOTO: Chinese and U.S. flags flutter outside the building of an American company in Beijing, China January 21, 2021. REUTERS/Tingshu Wang/File Photo By Kanishka Singh WASHINGTON (Reuters) – U.S. Commerce Secretary Gina Raimondo said on Sunday that President Joe Biden has asked his team to look at the option of lifting some…

© 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…

© Reuters. Charting the Global Economy: Inflation Hits a Record in Europe (Bloomberg) — Record inflation in the euro zone is seen fueling the European Central Bank’s tightening debate at this coming week’s policy meeting, where officials are expected to end asset purchases and lay the ground for an interest-rate liftoff next month. In the…

© Reuters. FILE PHOTO: The Federal Reserve building is seen before the Federal Reserve board is expected to signal plans to raise interest rates in March as it focuses on fighting inflation in Washington, U.S., January 26, 2022. REUTERS/Joshua Roberts By Lewis Krauskopf NEW YORK (Reuters) – A rally that lifted U.S. stocks from the…

© Reuters. FILE PHOTO: Hot dog sausages are seen in a supermarket, as inflation continues to hit consumers with the annual CPI increasing 8.3% in the 12 months through April, in Los Angeles, California, U.S. May 27, 2022. REUTERS/Lucy Nicholson (Reuters) – The Federal Reserve needs to move interest rates much higher and soon if…