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Israel cenbank should be set to tighten if inflation gains further -IMF

Israel cenbank should be set to tighten if inflation gains further -IMF

© 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…

‘Too early to say’ if world faces sustained inflation -IMF chief Georgieva

‘Too early to say’ if world faces sustained inflation -IMF chief Georgieva

© 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…

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Earnings Live Blog: Merck, Eli Lilly, Honeywell, Estee Lauder And Biogen Post Quarterly Updates

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 &…

Indonesia Jan inflation highest in nearly 2 years, within central bank target

Indonesia Jan inflation highest in nearly 2 years, within central bank target

© 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…