Tag: Economic Indicators

© Reuters. FILE PHOTO: Full shelves with fruits are pictured in a supermarket during the spread of the coronavirus disease (COVID-19) in Berlin, Germany, March 17, 2020. REUTERS/Fabrizio Bensch/File Photo BERLIN (Reuters) -German inflation rose to its highest level in nearly half a century in May on the back of soaring energy and food prices,…

© Reuters. FILE PHOTO: A businessman walks near the Bank of Japan headquarters in Tokyo, Japan, Feb. 15, 2016. REUTERS/Thomas Peter/File Photo/File Photo By Tetsushi Kajimoto TOKYO (Reuters) -Japan’s net external assets hit a record 411 trillion yen ($3.24 trillion) in 2021, to retain its position as the top creditor for 31 years in a…

© Reuters. Bank of Japan (BOJ) Governor Haruhiko Kuroda, speaks during an interview with Reuters in Washington, U.S. October 19, 2019. REUTERS/Carlos Jasso/Files TOKYO (Reuters) – Bank of Japan (BOJ) Governor Haruhiko Kuroda said on Friday the country’s core consumer inflation will likely remain around the central bank’s 2% target for 12 months unless energy…

© 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. Picture taken on March 8, 2016. REUTERS/Kim Hong-Ji/File Photo By Cynthia Kim and Joori Roh SEOUL (Reuters) – South Korea’s central bank on Thursday delivered back-to-back interest rate hikes…

© Reuters. FILE PHOTO: Rahul Jain (R), a shopkeeper selling groceries, looks on as he waits for customers at Kasan village in Manesar, in the northern state of Haryana, India, August 11, 2019. REUTERS/Anushree Fadnavis By Krishna N. Das and Aftab Ahmed NEW DELHI (Reuters) – Surging inflation is forcing many poor Indians to rein…

© Reuters. FILE PHOTO: A person pushes a shopping cart in a supermarket in Manhattan, New York City, U.S., March 28, 2022. REUTERS/Andrew Kelly (Reuters) – Wells Fargo (NYSE:WFC) Investment Institute said on Wednesday it adjusted its economic expectations to make a mild U.S. recession its base case for the end of 2022 and early…

© Reuters. By Yasin Ebrahim Investing.com — Federal Reserve Chairman Jerome Powell said Tuesday there was broad support among Fed members to raise the Fed’s benchmark rate by half a percentage point at the next two meetings to curb inflation.   While the Fed can’t control the supply issues driving up inflation, the U.S. central bank…

© Reuters. FILE PHOTO: Governor of the Bank of England Andrew Bailey addresses the media on the Monetary Policy Report at the Bank of England in London, Britain May 5, 2022. Frank Augstein/Pool via REUTERS By David Milliken and Farouq Suleiman LONDON (Reuters) -Bank of England Governor Andrew Bailey said on Monday that the current…

© Reuters. FILE PHOTO: Cranes dot the skyline as the building of luxury hotels and the renovation of historic buildings are underway, in Havana, Cuba May 16, 2017. Picture taken May 16, 2017. REUTERS/Stringer By Dave Sherwood and Nelson Acosta HAVANA (Reuters) – Cuba´s ailing economy has begun to recover in some sectors after two…

© 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 (Reuters) – A week that included a bevy of still-ugly inflation numbers may also have…