Tag: Economic

© Reuters. FILE PHOTO: A man wearing a protective mask stands in front of the headquarters of the Bank of Japan amid the coronavirus disease (COVID-19) outbreak in Tokyo, Japan, May 22, 2020.REUTERS/Kim Kyung-Hoon/File Photo By Leika Kihara TOKYO (Reuters) – A post-coronavirus pandemic world could offer an opportunity for Japanese firms to raise prices…

© Reuters. FILE PHOTO: A shopkeeper wearing a mask to prevent contracting the coronavirus waits for a customer at a traditional market in Seoul, South Korea, February 27, 2020. REUTERS/Heo Ran By Joori Roh SEOUL (Reuters) – South Korea’s consumer inflation accelerated to a more than nine-year high in May, reinforcing calls for gradual monetary…

© Reuters. FILE PHOTO: Shoppers walk down Hohe Strasse shopping district one day before Germany goes back to a complete lockdown due to the coronavirus disease (COVID-19) outbreak, in Cologne, Germany, December 15, 2020. REUTERS/Thilo Schmuelgen BERLIN (Reuters) – Germany’s annual consumer price inflation accelerated in May, advancing further above the European Central Bank’s target…

© Reuters. FILE PHOTO: Bank of Israel Governor Amir Yaron in Jerusalem. June 16, 2020. REUTERS/Ronen Zvulun By Steven Scheer JERUSALEM (Reuters) – The Bank of Israel is expected to leave short-term interest rates unchanged this week for its ninth straight policy meeting, amid higher inflation and a view that a rapid COVID-19 vaccination roll-out…

France, the euro zone’s second biggest economy, fell into recession in the first quarter of 2021 with a 0.1% contraction, revised official data showed on Friday.

Stocks ended mostly higher Thursday after jobless claims fell to a fresh pandemic low and core capital goods orders in the U.S. rose more than forecast.The Dow Jones Industrial Average rose 141 points, or 0.41%, to close at 34,464 and the S&P 500 was up 0.12%. The Nasdaq ticked down 0.01%.Giving the Dow a lift was Boeing …

At a critical stage in charting the economic voyage back to normality, the inflation compass may be going haywire.

2/2 © Reuters. FILE PHOTO: A view of the city skyline in Singapore December 31, 2020. Picture taken December 31, 2020. REUTERS/Edgar Su 2/2 By Chen Lin and Aradhana Aravindan SINGAPORE (Reuters) – Singapore’s economy expanded more than first thought in the first quarter and the government maintained its growth forecast for the year, but…

© Reuters. FILE PHOTO: A packet of former U.S. President Abraham Lincoln five-dollar bill currency is inspected at the Bureau of Engraving and Printing in Washington March 26, 2015. REUTERS/Gary Cameron/File Photo By Tom Westbrook SINGAPORE (Reuters) – The dollar coasted at the bottom of its recent range on Tuesday, as softer-than-expected U.S. data and…

With inflation fears buzzing in markets and political circles, Federal Reserve officials have laid out long, itemized lists for why they feel a recent jump in the price of many goods won’t spiral into a larger problem.There is some simple math involved. But mostly their arguments rely on the balancing dynamics of supply and demand,…