Today: December 11, 2024
Today: December 11, 2024

inflation

Business|Economy|Finance|US

US consumer prices post largest gain in seven months in November

U.S. consumer prices increased by the most in seven months in November, but that is unlikely to discourage the Federal Reserve from cutting interest rates for a third time next

US consumer prices post largest gain in seven months in November
Africa|Business|Economy|Finance

South Africa inflation rises less than expected, helped by food

South Africa's inflation rate rose less than expected in November, staying just below the central bank's target range thanks to food inflation slowing to its

South Africa inflation rises less than expected, helped by food
Business|Economy|Europe|Finance

Bank of England set to stay in central bank slow lane and keep rates on hold

The Bank of England looks set to keep interest rates on hold next week as it moves more slowly to cut borrowing costs than central banks in Europe and the

Bank of England set to stay in central bank slow lane and keep rates on hold
Business|Economy|Finance|Political|US

US inflation ticked up last month as some price pressures remain persistent

Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated

US inflation ticked up last month as some price pressures remain persistent
Business|Economy|Finance|Political|US

Federal Reserve to cut rates by 25 bps on Dec. 18, pause in January- Reuters poll

The U.S.

Federal Reserve to cut rates by 25 bps on Dec. 18, pause in January- Reuters poll
Economy|Political|US

Biden hails economic record, warns against Republican return to 'trickle-down economics'

U.S.

Biden hails economic record, warns against Republican return to 'trickle-down economics'
Asia|Business|Economy

Philippines GDP growth hit by typhoons, but outlook robust, says World Bank

The Philippine economy is expected to grow more slowly than first thought this year after the country was hit by a series of typhoons but should be more robust in 2025 and 2026, the

Philippines GDP growth hit by typhoons, but outlook robust, says World Bank
Africa|Business|Economy|Finance|MidEast

Egypt's inflation dips to near two-year low of 25.5% in November

Egypt's annual urban consumer price inflation rate dropped more than expected to 25.5% in November, its lowest since December 2022, data from statistics agency CAPMAS showed on

Egypt's inflation dips to near two-year low of 25.5% in November
Australia|Business|Economy|Finance

Australia central bank leaves door open to February rate cut

Australia's top central banker on Tuesday left open the door to a cut in interest rates as early as February, but emphasised the flow of economic data would have to give the bank

Australia central bank leaves door open to February rate cut
Asia|Economy|Europe|Finance|Stock Markets

China policy talk lifts stocks but bonds balk

A look at the day ahead in European and global markets from Tom Westbrook China's equity markets have chosen to run with the authorities' latest vague promise of support for the sputtering economy,

China policy talk lifts stocks but bonds balk
Australia|Business|Economy|Finance|Stock Markets

Australia's central bank closer to cutting rates, Feb not ruled out

Australia's central bank is getting closer to joining its peers in cutting interest rates, having sat tight for over a year now, but much will depend on

Australia's central bank closer to cutting rates, Feb not ruled out
Asia|Australia|Business|Economy|Stock Markets

Global shares fall, dollar climbs ahead of inflation report

Global equities retreated and the dollar rose on Tuesday as investors awaited fresh inflation data and further economic news later in the week.

Global shares fall, dollar climbs ahead of inflation report
Asia|Business|Economy|Finance|Stock Markets|US

US dollar rises, Aussie drops after Chinese trade data

The dollar rose on Tuesday ahead of U.S. inflation data that could offer clues about the Federal Reserve's monetary-easing path, while analysts assess the likely

US dollar rises, Aussie drops after Chinese trade data
Business|Economy|Finance|Stock Markets|US

'Bond vigilante' PIMCO trims long-term US sovereign debt holdings

PIMCO said on Monday it plans to diversify its government bond exposure by buying outside the United States, where its outlook on long-term government debt is

'Bond vigilante' PIMCO trims long-term US sovereign debt holdings
Economy|Finance|Political|US

US consumers expect higher inflation and better economy, New York Fed says

By Michael S.

US consumers expect higher inflation and better economy, New York Fed says
Business|Economy|Europe|Finance

SNB to cut rates 25 bps on Dec. 12, to reach zero or close next year

The Swiss National Bank will again cut its key policy rate by 25 basis points on Dec. 12, according to an over-85% majority of economists polled by Reuters, with

SNB to cut rates 25 bps on Dec. 12, to reach zero or close next year
Americas|Economy|Political

Argentina's Mr Market Javier Milei wants to make austerity great again

Argentina's libertarian President Javier Milei laid out a bleak vision in his maiden speech a year ago amid an economic crisis.

Argentina's Mr Market Javier Milei wants to make austerity great again
Africa|Business|Economy|Finance|Stock Markets

South African rand firms as gold gets boost, data-packed week ahead

South Africa's rand jumped on Monday at the start of a week packed with economic data releases, as gold prices climbed after China's central bank resumed purchases of the

South African rand firms as gold gets boost, data-packed week ahead
Business|Economy|Finance|Stock Markets|US

Inflation report poses test for stocks rally as Fed meeting looms

An inflation report in the coming week will test the strength of the record-setting U.S. stocks rally and provide a crucial piece of data that could factor into

Inflation report poses test for stocks rally as Fed meeting looms
Business|Economy|Finance|US

Fed's Goolsbee hopes neutral can be in sight by late next year

Chicago Federal Reserve president Austan Goolsbee said that economic conditions will determine how fast the Federal Reserve cuts rates from here, but added he

Fed's Goolsbee hopes neutral can be in sight by late next year
Business|Economy|Food|US

Chipotle is raising US prices after promising bigger portions

Chipotle is raising its U.S. prices to offset inflation and to compensate for a promise to increase portion sizes

Chipotle is raising US prices after promising bigger portions
Economy|Finance|Political|US

Fed's Bowman, worried by inflation, calls for caution on rate cuts

By Michael S.

Fed's Bowman, worried by inflation, calls for caution on rate cuts
Africa|Economy|Food|Political

Nigeria's Senate seeks to criminalise corn exports to tackle hunger

Nigeria's Senate has passed a bill seeking to make it a crime to export large quantities of unprocessed corn in an effort to alleviate hunger in the West African

Nigeria's Senate seeks to criminalise corn exports to tackle hunger
Business|Economy|Finance|US

Fed seen poised to cut rates this month, debate 2025 pause

Federal Reserve officials appear on track to cut interest rates this month after data showed the U.S. labor market remained

Fed seen poised to cut rates this month, debate 2025 pause

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