Tag: Economic Indicators

© Reuters. FILE PHOTO: The U.S. Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 19, 2019. REUTERS/Leah Millis/File Photo By Ann Saphir and Jonnelle Marte (Reuters) – U.S. President Joe Biden’s nominees to the Federal Reserve Board came out swinging against high inflation on Wednesday, saying rising prices pose a…

© Reuters. FILE PHOTO: Customers at the Edeka grocery store buy pasta, as the spread of coronavirus disease (COVID-19) continues in Duesseldorf, Germany, April 29, 2020. REUTERS/Wolfgang Rattay/File Photo By Dhara Ranasinghe A look at the day ahead in markets from Dhara Ranasinghe. The European Central Bank’s plan to start tiptoeing away from monetary stimulus…

© Reuters. FILE PHOTO: People count money at Macy’s Herald Square store during the early opening of the Black Friday sales in the Manhattan borough of New York, November 26, 2015. REUTERS/Andrew Kelly By Chris Taylor NEW YORK (Reuters) – Low inflation had spoiled U.S. investors for so long that last year’s sudden surge came…

© Reuters. FILE PHOTO: People walk in the courtyard of Indonesia’s central bank, Bank Indonesia, in Jakarta, Indonesia September 22, 2016.REUTERS/Iqro Rinaldi JAKARTA (Reuters) – Indonesia’s annual inflation rate rose to 2.18% in January, climbing to be within the central bank’s 2% to 4% target range for the first time in nearly two years, data…

© Reuters. FILE PHOTO: President and Chief Executive Officer of the Federal Reserve Bank of Atlanta Raphael W. Bostic speaks at a European Financial Forum event in Dublin, Ireland February 13, 2019. REUTERS/Clodagh Kilcoyne WASHINGTON (Reuters) – U.S. inflation risks being pushed to a permanently higher level if the Federal Reserve does not get the…

Updated at 11:14 am ESTU.S. stocks fought-off an extended January slump Friday, with market volatility gauges holding at nearly fifteen months highs, as investors look to close out another wild week of trading — and the worst January in Wall Street history — that has pulled the broadest measure of domestic stocks deeper into correction…

© Reuters. FILE PHOTO: Customers walk past a fruit stall at a street market, in Mexico City, Mexico December 17, 2021. REUTERS/Luis Cortes/File Photo By Shrutee Sarkar BENGALURU (Reuters) – Persistently high inflation will haunt the world economy this year, according to a Reuters poll of economists who trimmed their global growth outlook on worries…

© Reuters. FILE PHOTO: U.S. President Joe Biden answers questions from reporters in the East Room of the White House in Washington, U.S., August 10, 2021. REUTERS/Evelyn Hockstein/File Photo WASHINGTON (Reuters) – U.S. President Joe Biden welcomed the strong GDP growth figure released on Thursday, saying his economic plan is working and urging Congress to…

© Reuters. By Yasin Ebrahim Investing.com – The Federal Reserve on Wednesday appeared to lay out the carpet for a March rate hike after saying it may “soon” begin to raise interest rates to bring red-hot inflation under control. The Federal Reserve kept interest rates unchanged within the 0% to 0.25% range, but signalled that liftoff in…

Precious metal investors have faced a grueling year as gold prices contracted after two years of gains.In recent days, however, gold and silver prices reached their highest levels since the sharp selloff in November. They remain a good alternative asset to invest in, Stephen “Sarge” Guilfoyle wrote in a recent Real Money Pro column.“Now with…