Japan’s consumer inflation hits fresh 40-year high, eyes on BOJ policy
Nov core CPI up 3.7% yr/yr, matches forecast Data shows broadening price hikes, wage outlook key Analysts project upgrade to BOJ’s quarterly price f’casts Some...
Republican senators propose overhaul of Federal Reserve amid concerns about politics
NEW YORK, Dec 21 (Reuters) – Seven Republican U.S. senators on Wednesday announced a new bill aimed at reshaping the Federal Reserve’s 12 regional banks,...
Chinese leaders to signal more stimulus for 2023 as COVID clouds outlook
BEIJING, Dec 13 (Reuters) – When China’s leaders gather this month to set next year’s economic agenda, they will likely map out more stimulus steps,...
‘The worst is yet to come’: the curse of high inflation
Dec 8 (Reuters) – Globally, people are experiencing inflation at levels not seen for decades as prices surge for essentials like food, heating, transport and...
China’s producer prices fall, consumer inflation slows on soft demand
PPI falls for a second month Nov PPI -1.3% y/y vs -1.3% y/y in October Nov CPI +1.6% y/y vs +2.1% y/y in October BEIJING,...
Explainer: ECB to start offloading debt to fight inflation
FRANKFURT, Dec 2 (Reuters) – The European Central Bank is all but certain to start offloading some of its 5 trillion euro ($5.3 trillion) bond...
S&P warns of possible trebling of U.S., European default rates
LONDON, Dec 1 (Reuters) – Credit rating firm S&P Global has warned that speculative-grade U.S. and European corporate default rates are likely to double and...
Consumer inflation in Japan’s capital rises at fastest pace in 40 years
Tokyo Nov core CPI up 3.6% vs f’cast +3.5% Tokyo CPI stays above BOJ’s 2% target for 6th straight month Data underscores broadening inflationary pressure...
Japan’s inflation hits 40-year high as BOJ sticks to easy policy
Japan CPI +3.6% yr/yr vs forecast +3.5%, highest since 1982 Bulk of price hikes due to cost-push inflation, unsustainable BOJ sees consumer inflation falling below...
Japan’s economy unexpectedly shrinks as hot inflation, global slowdown take toll
Japan Q3 GDP down 0.3% q/q, annualised down 1.2% High import costs, global recession risks heap pressure Weak yen magnifies living costs, adds to Tokyo’s...