Tag: Economic Indicators

TYSONS, Va., Oct. 18, 2021 /PRNewswire/ —  PenFed Credit Union, the nation’s second-largest federal credit union, today released financials highlighting another record quarter in the institution’s 86-year history. In third-quarter 2021, PenFed originated a record $5.4 billion in mortgage loans and a record $3 billion in consumer loans, bringing the year-to-date totals to $12.6 billion…

© Reuters By Geoffrey Smith  Investing.com — China’s economy slowed more sharply in the third quarter than expected, with industry in particular ending the quarter on a weak note. U.S. industrial production data for September are due later. U.K. bonds fell as the Bank of England gave its clearest warning yet of an imminent interest…

© Reuters. FILE PHOTO: A specialist trader works inside a post on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 12, 2021. REUTERS/Brendan McDermid By Aaron Saldanha and Lisa Pauline Mattackal (Reuters) – Global investors are looking harder for pockets of opportunity and becoming more selective in their…

© Reuters. Costumers shop at a street market, in Purmamarca, Jujuy, Argentina August 14, 2021. Picture taken August 14, 2021. REUTERS/Agustin Marcarian/Files By Walter Bianchi and Jorge Iorio BUENOS AIRES (Reuters) – Argentina’s inflation rate spiked back up to a higher-than-expected 3.5% in September after months of declines, heaping pressure on the Peronist government as…

2/2 © Reuters. FILE PHOTO: St. Louis Fed President James Bullard speaks about the U.S. economy during an interview in New York February 26, 2015. REUTERS/Lucas Jackson 2/2 By Ann Saphir (Reuters) – Despite a broadly shared view that the U.S. labor market has healed enough to allow the Federal Reserve to start reducing its…

© Reuters. FILE PHOTO: International Monetary Fund logo is seen inside the headquarters at the end of the IMF/World Bank annual meetings in Washington, U.S., October 9, 2016. REUTERS/Yuri Gripas By David Lawder and Andrea Shalal WASHINGTON (Reuters) – The International Monetary Fund’s steering committee on Thursday urged global policymakers to monitor pricing dynamics closely,…

3/3 © Reuters. FILE PHOTO: Federal Reserve Chair Jerome Powell attends the House Financial Services Committee hearing on Capitol Hill in Washington, U.S., September 30, 2021. Al Drago/Pool via REUTERS 2/3 By Ann Saphir, Jonnelle Marte and Lindsay (NYSE:LNN) Dunsmuir (Reuters) -The Federal Reserve signaled on Wednesday it could start reducing its crisis-era support for…

© Reuters. FILE PHOTO: A man stands in front of the headquarters of Bank of Japan in Tokyo, Japan, May 22, 2020. REUTERS/Kim Kyung-Hoon/File Photo By Leika Kihara TOKYO (Reuters) -Japanese households’ inflation expectations rose in the three months to September, a survey showed on Monday, suggesting a global rise in raw material costs may…

© Reuters. FILE PHOTO: Bank of England Governor Andrew Bailey poses for a photograph on the first day of his new role at the Central Bank in London, Britain March 16, 2020. Tolga Akmen/Pool via REUTERS/File Photo (Removes extraneous word, paragraph 1) (Reuters) -Inflation running above the Bank of England’s target of 2.0% is concerning…

Few topics  have the attention of traders quite like the specter of inflation these days.In part this is because the stock market has gotten used to an era of low (if not very low) inflation. In the 21st century even the high inflation years have been low by historical standards, with inflation rarely climbing above 3% …