Analysis: Wall Street heavyweights warn of pain ahead despite market’s recent reprieve
NEW YORK, Jan 25 (Reuters) – Some of Wall Street’s biggest names are throwing cold water on expectations that the U.S. economy will scrape through...
U.S. inflation roller coaster prompts fresh look at long-ignored money supply
NEW YORK, Jan 26 (Reuters) – The amount of money sloshing around the U.S. economy shrank last year for the first time on record, a...
Strong U.S. economic growth expected in fourth quarter, outlook darkening
Fourth-quarter GDP forecast to increase at a 2.6% rate Strong consumer spending seen; other sectors to contribute Weekly jobless claims expected to rise moderately WASHINGTON,...
Consumer inflation in Japan’s capital hits near 42-year high, keeps BOJ under pressure
Jan Tokyo core CPI rises 4.3% yr/yr vs f’cast +4.2% Tokyo core-core CPI up 3.0% yr/yr in January Data highlights mounting inflationary pressure Govt fuel...
ECB policymakers spar on rate outlook beyond Feb hike
Knot, Kazimir explicitly back 50 bps hike in March Lagarde sees significant, steady pace rate rise Stournaras, Visco call for caution Inflation high but falling...
China’s 2022 economic growth one of the worst on record, post-pandemic policy faces test
China Q4 GDP growth slows; 2022 growth one of worst on record 2022 GDP grows 3.0%, far below official target Dec factory output, retail sales...
China consumer inflation accelerates in Dec; PPI falls with soft demand
BEIJING, Jan 12 (Reuters) – China’s annual consumer inflation rate accelerated in December, driven by rising food prices even as domestic demand wavered amid restrained...
Japan’s Nov real wages fall most in 8 years, defying BOJ objective
Real wages fall for eighth straight months – govt Wage growth lags surging cost-push inflation Policymakers seek wage growth to support inflation BOJ action may...
BOJ to raise forecasts for key inflation gauge – sources
BOJ likely to raise 2022, 2023 ‘core-core’ price forecasts Board may slightly upgrade inflation forecast for fiscal 2024 Upgrade unlikely to trigger immediate rate hike...
How 2022 shocked, rocked and rolled global markets
World stocks down 20% in worst year since financial crisis Bond market has been pounded as rates have risen Wild swings in commodity and FX...