Tag: Economic Indicators

© 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…

© Reuters. FILE PHOTO: Debashis Dhara, a vegetable vendor, speaks on his mobile phone at a retail market area in Kolkata, India, March 22, 2022. REUTERS/Rupak De Chowdhuri By Manoj Kumar and Aftab Ahmed NEW DELHI (Reuters) – Rising food and energy prices pushed India’s annual retail inflation up towards an eight-year high in April,…

© Reuters. A person pushes purchases in a shopping cart in a supermarket in Brooklyn, New York City, U.S., March 29, 2022. REUTERS/Andrew Kelly By Howard Schneider and Lindsay (NYSE:LNN) Dunsmuir (Reuters) -The financial strength built up in U.S. households limited the damage from the coronavirus pandemic but may now be aggravating – and prolonging…

© Reuters. People carrying shopping bags walk inside the King of Prussia shopping mall, as shoppers show up early for the Black Friday sales, in King of Prussia, Pennsylvania, U.S. November 26, 2021. REUTERS/Rachel Wisniewski By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer price growth slowed sharply in April as gasoline eased off record highs,…

© Reuters. FILE PHOTO: Russian 100-rouble banknotes are placed on a cashier’s desk at a supermarket in the Siberian town of Tara in the Omsk region, Russia, December 14, 2021. Picture taken December 14, 2021. REUTERS/Alexey Malgavko/File Photo (Reuters) – Russia’s weekly inflation rate eased further in early May, data from statistics service Rosstat showed…

3/3 © Reuters. FILE PHOTO: Fruits are pictured at a produce shop at Reading Terminal Market after the inflation rate hit a 40-year high in January, in Philadelphia, Pennsylvania, U.S. February 19, 2022. REUTERS/Hannah Beier 2/3 (Reuters) – High inflation, volatility in stock and commodity markets and the war in Ukraine have emerged as the…