© 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…
2/2 © Reuters. FILE PHOTO: Customers pay cash to buy up stocks of wine, food and kitchen supplies as the French restaurant Montmartre closes after 20 years of operation on Capitol Hill due to financial pressures caused by the coronavirus disease (COVID-19) outbreak in W 2/2 By Howard Schneider (Reuters) -Atlanta Federal Reserve President Raphael…
3/3 © Reuters. FILE PHOTO: A money changer sells U.S. dollar bills at a currency exchange office in Ankara, Turkey September 24, 2021. REUTERS/Cagla Gurdogan 2/3 By Sinead Cruise and John O’Donnell LONDON/BERLIN (Reuters) -Global banks are taking steps to weather the wider impact of war and runaway inflation as the stream of central bank…
© Reuters. Signage for a job fair is seen on 5th Avenue after the release of the jobs report in Manhattan, New York City, U.S., September 3, 2021. REUTERS/Andrew Kelly By Lucia Mutikani WASHINGTON (Reuters) – New claims for U.S. unemployment benefits increased to a more than two-month high last week, but remained at a…
© Reuters. FILE PHOTO: A man wearing a protective face mask walks past the Bank of England (BoE), after the BoE became the first major world’s central bank to raise rates since the coronavirus disease (COVID-19) pandemic, in London, Britain, December 16, 2021. REUTE By David Milliken, William Schomberg and Andy Bruce LONDON (Reuters) -The…
© Reuters. By Yasin Ebrahim Investing.com – The Federal Reserve raised interest rates on Wednesday by a half percentage point for the first time since 2000 as the fight against elevated inflation heats up. The Federal Open Market Committee raised its benchmark rate to a range of 0.75% to 1% from 0.25% to 0.5% previously. Ahead…