You may have noticed shortages of certain items at your local grocery store. Some of that is due to supply-chain disruption, which is delaying the transport of goods to retailers.But some of it is also a return to the consumer stockpiling of food and household items that was prominent in the early days of the…
© Reuters. FILE PHOTO: The Bank of Israel building is seen in Jerusalem June 16, 2020. Picture taken June 16, 2020. REUTERS/Ronen Zvulun/File Photo By Steven Scheer JERUSALEM (Reuters) – Israel’s central bank should be prepared to raise interest rates and taper foreign exchange intervention if inflation pressures intensify further, the International Monetary Fund said…
© Reuters. FILE PHOTO: U.S. Federal Reserve Chairman Jerome Powell addresses an online only news conference in a frame grab from U.S. Federal Reserve video broadcast from the Federal Reserve building in Washington, U.S., January 26, 2022. U.S. Federal Reserve Board/ By Lewis Krauskopf NEW YORK (Reuters) -Wild swings in stocks and a sharp run-up…
2/2 © 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 2/2 By William Schomberg and Alistair Smout LONDON (Reuters) -Two top Bank of England officials stressed on Friday the need for restraint on…
© Reuters. FILE PHOTO: IMF Managing Director Kristalina Georgieva speaks at a news conference ahead of the World Economic Forum (WEF) in Davos, Switzerland January 20, 2020. REUTERS/Denis Balibouse//File Photo By Andrea Shalal WASHINGTON (Reuters) – The head of the International Monetary Fund said on Thursday it was “too early” to say if the world…
Updated at 8:50 am ESTWall Street will navigate a series of key S&P 500 earnings Thursday as investors look to forward projections from a host of companies amid concerns of rising inflation, Federal Reserve rate hikes and slowing consumer growth.The following is a rolling update of the key releases prior the start of trading:MERCK &…
© 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…