Tag: Economic Indicators

© Reuters. Pedestrians wearing protective face masks, amid the coronavirus disease (COVID-19) pandemic, are seen at a shopping district in Osaka, Japan, in this photo taken by Kyodo April 7, 2021. Mandatory credit Kyodo/via REUTERS By Takahiko Wada and Leika Kihara TOKYO (Reuters) -Consumer inflation in Japan’s capital accelerated in February at the fastest annual…

Investors are fighting a war on two fronts, Jim Cramer told his Mad Money viewers Wednesday. First, there’s the crisis in Ukraine, where there are still many unanswered questions as to the direction things are headed. Then there’s our domestic war, the war on inflation, where there are also unanswered questions as to when, and…

© Reuters. FILE PHOTO: Governor of the Bank of England Andrew Bailey speaks during a news conference at Bank of England in London, Britain February 3, 2022. Dan Kitwood/Pool via REUTERS By David Milliken and Andy Bruce LONDON (Reuters) -Bank of England Governor Andrew Bailey said on Wednesday there were clear risks that inflation could…

© Reuters. Hungarian Prime Minister Viktor Orban speaks during a business conference in Budapest, Hungary, February 19, 2022. REUTERS/Bernadett Szabo BUDAPEST (Reuters) – Hungary’s government hopes inflation will ease back to below 6% by the end of 2022 after hitting a near 15-year high of 7.9% at the start of the year, Prime Minister Viktor…

If you’re concerned about inflation, you’re not alone. “High and rising inflation has justly become the key preoccupation of investors,” J.P. Morgan strategists, led by Dubravko Lakos-Bujas, wrote in a commentary. “It is affecting consumer spending, business outlook, politics and, most importantly, the direction of monetary policy. While we expect the cyclical recovery to continue,…

© Reuters. FILE PHOTO: A woman wears a mask near the New York Stock Exchange (NYSE) in the Financial District in New York, U.S., March 4, 2020. REUTERS/Brendan McDermid/File Photo By Matt Scuffham, Noor Zainab Hussain and Elizabeth Dilts Marshall NEW YORK (Reuters) – Wall Street’s biggest banks sounded a note of caution over the…

TOKYO (Reuters) – Japan’s chief cabinet secretary Hirokazu Matsuno voiced hope on Monday that the central bank will continue to make efforts to accelerate inflation to its 2% target. “Specific monetary policy means falls under the jurisdiction of the Bank of Japan. We hope the BOJ continues to strive toward achieving its price goal,” Matsuno…

© Reuters. FILE PHOTO: The Bank of England is seen in London March 19, 2008. REUTERS/Luke MacGregor/File Photo By Swathi Nair BENGALURU (Reuters) – The Bank of England will raise interest rates faster than previously thought to tame surging inflation, according to economists polled by Reuters who significantly upgraded their forecasts for consumer price rises.…

© Reuters. FILE PHOTO: The logo of Swiss bank Credit Suisse is seen at a branch office in Zurich, Switzerland, November 3, 2021. REUTERS/Arnd WIegmann By John O’Donnell and Brenna Hughes Neghaiwi FRANKFURT (Reuters) – Weary Credit Suisse (SIX:CSGN) investors fear a long wait for the bank to get back on piste after a string…

© Reuters. FILE PHOTO: A ‘Wall St’ sign is seen above two ‘One Way’ signs in New York August 24, 2015. REUTERS/Lucas Jackson/File Photo By Bansari Mayur Kamdar and Noel Randewich (Reuters) – Wall Street stocks fell sharply on Friday for the second straight day, as investors fretted about potential steep U.S. interest rate hikes…