Global pensions with $3 trln on books fear stagflation -survey
LONDON, Dec 6 (Reuters) – Global public pension schemes and sovereign wealth funds managing more than $3 trillion in assets fear a combination of economic...
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...
Credit outlook darkens for non-financial companies, Moody’s says
Debt costs to increase as interest rates rise, hedges expire Lower purchasing power to hit demand in consumer-facing sectors Wage inflation to stay high, fuel...
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...
Fed’s Barr: Concerned about blowback to financial system from crypto
Nov 15 (Reuters) – Michael Barr, the Federal Reserve’s top financial regulatory official, on Tuesday said he is concerned about risks from the non-bank sector,...
U.S. small business sentiment falls in October -NFIB
Nov 8 (Reuters) – U.S. small-business confidence edged down in October as stubbornly high inflation weighed on sentiment and more owners forecast a deteriorating outlook...
Fed’s Powell: ‘Soft landing’ chances have narrowed
Nov 2 (Reuters) – There remains a chance that the U.S. economy can escape a recession as the Federal Reserve raises interest rates to lower...
Euro zone downturn deepens, points to winter recession
Euro zone PMI fell to 23-month low in October Price pressures in 19-nation bloc remained high September German industrial orders fell more than expected LONDON,...
Turkey’s inflation hits 24-year high of 85.5% after rate cuts
ISTANBUL, Nov 3 (Reuters) – Turkish annual inflation climbed to a new 24-year high of 85.51% in October, official data showed on Thursday, slightly below...
U.S. is not in recession, White House not preparing for one – officials
WASHINGTON, Nov 3 (Reuters) – The United States is not in a recession, White House chief of staff Ron Klain said on Thursday, adding that...