Tag: Economic

2/2 © Reuters. FILE PHOTO: The City of London financial district is seen as people walk over Millennium Bridge in London, Britain, February 16, 2022. REUTERS/Henry Nicholls 2/2 By Andy Bruce LONDON (Reuters) -British inflation shot up faster than expected last month to hit a new 30-year high, worsening a historic squeeze on household finances…

2/2 © Reuters. Apples are displayed for sale at the produce area as customers browse grocery store shelves inside Kroger Co.’s Ralphs supermarket amid fears of the global growth of coronavirus cases, in Los Angeles, California, U.S. March 15, 2020. REUTERS/Patrick T. F 2/2 By Howard Schneider BALTIMORE (Reuters) – The rate increases projected by…

2/2 © Reuters. FILE PHOTO: An eagle tops the Federal Reserve building’s facade in Washington, July 31, 2013. REUTERS/Jonathan Ernst 2/2 By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -The Federal Reserve on Wednesday raised interest rates for the first time since 2018 and laid out an aggressive plan to push borrowing costs to restrictive…

© Reuters. A worker arranges price tags of the food products at a store inside a shopping mall in Kolkata, India, June 20, 2018. REUTERS/Rupak De Chowdhuri/Files By Tushar Goenka BENGALURU (Reuters) – Indian retail inflation likely slipped marginally in February, thanks to lower food prices, according to economists in a Reuters poll who still…

© Reuters. FILE PHOTO: The headquarters of Morgan Stanley is seen in New York January 9, 2013. REUTERS/Shannon Stapleton By Byron Kaye and Jamie Freed (Reuters) – Morgan Stanley (NYSE:MS) urged the U.S. Federal Reserve on Tuesday to take a more cautious approach to raising interest rates as Russia’s invasion of Ukraine spurs already sky-rocketing…

© Reuters. FILE PHOTO: European Central Bank (ECB) headquarters building is seen during sunset in Frankfurt, Germany, January 5, 2022. REUTERS/Kai Pfaffenbach By Swathi Nair and Jonathan Cable BENGALURU/LONDON (Reuters) – The European Central Bank will wait until the last months of this year for its first interest rate rise in over a decade, with…

The market’s been on a wild ride lately, reacting to every twist and turn in the Ukrainian crisis, but Jim Cramer told his Mad Money viewers Monday that the real concern remains inflation, and things are going to get worse before they get better.Make no mistake, Russia’s invasion of Ukraine is a geopolitical and humanitarian…

© Reuters. Swift logo is placed on a Russian flag are seen in this illustration taken, Bosnia and Herzegovina, February 25, 2022. REUTERS/Dado Ruvic/Illustration NEW YORK (Reuters) – The banning of certain Russian banks from the SWIFT international payment system could push central banks to enhance liquidity to offset missed payments, a Credit Suisse (SIX:CSGN)…

© 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…