Tag: Economic Indicators

© Reuters. FILE PHOTO: A man walks past an Ant Group logo at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 8, 2021. REUTERS/Yilei Sun BEIJING (Reuters) -China’s central bank said on Friday it had accepted the application to set up a personal credit-scoring joint venture backed by Alibaba (NYSE:BABA)’s fintech affiliate Ant…

Bank of Korea Raises Rates Again, Sees Faster Inflation (Bloomberg) — The Bank of Korea raised interest rates for the second time since August as it tries to avert asset bubbles and prevent inflation from escalating further.  The central bank’s decision Thursday to lift the policy rate by 25 basis points to 1% was expected…

© Reuters. FILE PHOTO: A row of newly built apartment blocks is seen in the suburb of Epping, Sydney, Australia February 1, 2019. REUTERS/Tom Westbrook By Vivek Mishra BENGALURU (Reuters) – Australia’s soaring house price inflation rate will lose altitude next year and in 2023, but prices are still expected to rise in one of…

© Reuters. FILE PHOTO: The Bank of Mexico logo is seen on the facade of an office building in downtown Mexico City, Mexico, June 22, 2017. REUTERS/Edgard Garrido MEXICO CITY (Reuters) – The Mexican government’s pick to be the next central bank governor, Victoria Rodriguez, said on Wednesday that if ratified in the post, she…

PLANO, Texas, Nov. 21, 2021 /PRNewswire/ — Today, Toyota Motor Credit Corporation (TMCC) announced the entry into a letter of intent with Great American Outdoors LLC, the parent company of Bass Pro Shops, Cabela’s and the White River Marine Group—makers of such legendary boat brands as Tracker, Ranger, Mako, Hatteras and others. This agreement will expand Toyota’s…

2/2 © Reuters. Turkeys are displayed for sale at a Jewel-Osco grocery store ahead of Thanksgiving, in Chicago, Illinois, U.S. November 18, 2021. REUTERS/Christopher Walljasper 2/2 By Tom Polansek and Christopher Walljasper CHICAGO (Reuters) – Thanksgiving dinner will cost U.S. consumers an average of 14% more this year in the biggest annual increase in 31…

© Reuters. FILE PHOTO: People walk past the Bank of England, in London, Britain October 31, 2021. REUTERS/Tom Nicholson LONDON (Reuters) – Bank of England Governor Andrew Bailey said his concern on the inflation outlook is that it could be “elevated for longer” but there is also a chance that inflation does not prove as…

© Reuters. FILE PHOTO: The Federal Reserve building is pictured in Washington, D.C., U.S., August 22, 2018. REUTERS/Chris Wattie By Ann Saphir and Lindsay (NYSE:LNN) Dunsmuir (Reuters) – Federal Reserve policymakers are publicly debating whether to withdraw support for the U.S. economy more quickly to deal with surging inflation, with one of the central bank’s…

© Reuters. FILE PHOTO: The facade of the Bank of Mexico building is pictured in downtown in Mexico City, Mexico February 28, 2019. REUTERS/Daniel Becerril MEXICO CITY (Reuters) – The Bank of Mexico’s governor Alejandro Diaz de Leon said on Friday that the most complex scenario for the bank would be to face the inflationary…

© Reuters. FILE PHOTO: The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. REUTERS/Yuri Gripas MEXICO CITY (Reuters) – Mexico has agreed a new flexible credit line over two years with the International Monetary Fund (IMF) worth some $50 billion, the Washington-based fund said on Friday.…