Inflation
ECB confirms the end of its bond buying in the third quarter as inflation surges
The European Central Bank faces a tough balancing act, with inflation running at record highs while the war in Ukraine casts a shadow over the growth outlook. Thomas Lohnes | Getty Images News | Getty Images The European Central Bank on Thursday kept its monetary policy unchanged but confirmed it will end its bond buying […]
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India’s central bank pivots focus from growth to fighting inflation as prices rise
Customers browsing through goods at a store on the outskirts of New Delhi, India, in February as prices continue to rise, with inflation figures for March nearing 7%. Anindito Mukherjee/Bloomberg via Getty Images | Bloomberg | Bloomberg | Getty Images Inflation in India is up sharply and signs point to a continuing upward trend, analysts […]
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South Korea’s central bank unexpectedly raises rates as prices surge
Signage at the Bank of Korea headquarters in Seoul, South Korea, on Monday, Nov. 22, 2021. South Korea’s central bank raised its policy rate to the highest since August 2019 on Thursday in an unexpected move. SeongJoon Cho | Bloomberg | Getty Images South Korea’s central bank raised its policy rate to the highest since […]
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Singapore tightens monetary policy to rein in inflation as growth slows in the first quarter
Signage for the Monetary Authority of Singapore is displayed outside the central bank’s headquarters in Singapore, on October 22, 2019. Singapore’s central bank tightened its monetary policy on Thursday, saying the widely forecast move will slow the inflation momentum. Ore Huiying | Bloomberg | Getty Images Singapore’s central bank tightened its monetary policy on Thursday, […]
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Fed’s Waller sees likelihood of multiple half-point interest rate hikes ahead
Getting inflation under control will require raising interest rates at a faster pace than normal even though the pace of price increases probably has peaked, Federal Reserve Governor Christopher Waller said Wednesday. That means the central bank likely will hike short-term rates by half a percentage point, or 50 basis points, at its meeting in […]
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What stock pickers need to know about this earnings season, which could see some big misses
First quarter earnings season is here, and companies are expected to report fewer beats, more misses and more pressure on margins. Source
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What big companies are saying about consumer spending and inflation as earning season begins
At what point do consumers say enough is enough when it comes to paying more for goods and services? The question is top of mind for C-suite executives, regardless of industry, as inflation surges to levels not seen in decades. And as earnings season begins, so are the concerns about balancing the rising costs and […]
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Producer prices rose 11.2% from a year ago in March, the biggest gain on record
The prices that goods and services producers receive rose in March at the fastest pace since records have been kept, the Bureau of Labor Statistics reported Wednesday. The producer price index, which measures the prices paid by wholesalers, increased 11.2% from a year ago, the most in a data series going back to November 2010. […]
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How to protect your savings as inflation soars
As inflation continues to surge, hitting 8.5% in the U.S. in March, it’s important find ways to protect your savings. LaylaBird Surging consumer prices are making it increasingly challenging to manage the cost of living, so it’s never been more important to understand the best ways to protect your savings. Inflation is red-hot, with the […]
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UK inflation hits 30-year high of 7% as energy prices surge
The 7% annual rise for U.K. inflation in March is the highest since 1992. Photo by Christopher Furlong/Getty Images LONDON — U.K. inflation came in at an annual 7% in March, its highest for 30 years. Consumer prices rose by 1.1% month-on-month, outstripping expectations for a 0.7% climb in a Reuters poll of economists, which […]
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