Soaring food prices push UK inflation back to 40-year high
UK inflation hits 10.1% in September, matching 40-year high Food prices rise by most since 1980 Pounds slips on data, BoE under pressure to raise...
Japan’s inflation hits 8-year high in test of BOJ’s dovish policy
Sept core CPI rises 3.0% yr/yr, matches forecast Core consumer inflation stays above BOJ goal for 6th month Data underscores broadening inflationary pressure BOJ seen...
Yen hits weakest level since 1990, pound down after PM announces resignation
NEW YORK, Oct 20 (Reuters) – The dollar surpassed the symbolic level of 150 yen for the first time since 1990 on Thursday, while the...
Fed says firms gloomier on outlook, but inflation pressures easing
Oct 19 (Reuters) – U.S. economic activity expanded modestly in recent weeks, although it was flat in some regions and declined in a couple of...
German harmonised inflation +10.9% y/y in September
BERLIN, Oct 13 (Reuters) – Germany’s consumer prices, harmonised to compare with other European countries, were 10.9% higher year-on-year in September, the Federal Statistical Office...
JPMorgan CEO warns higher inflation could push U.S. rates above 4.5%
Oct 13 (Reuters) – JPMorgan Chase & Co (JPM.N) Chief Executive Officer Jamie Dimon on Thursday warned that persistent and elevated inflation could spur interest...
Bank of England’s Bailey tells pension funds they have 3 days to rebalance
WASHINGTON, Oct 11 (Reuters) – Bank of England Governor Andrew Bailey told pension fund managers to finish rebalancing their positions by Friday when the British...
BoE doubles potential bond buy-backs as emergency plan nears end
LONDON, Oct 10 (Reuters) – The Bank of England sought to ease concerns about this week’s expiry of its programme designed to calm turmoil in...
Futures fall sharply as jobs data fuels rate-hike worries
Oct 7 (Reuters) – U.S. stock index futures fell sharply on Friday, as data showed bigger-than-expected job additions last month and a drop in the...
WTO warns ‘darkened’ trade outlook could deteriorate further
WTO cuts 2023 global trade growth f/cast to 1.0% (prev 3.4%) Trade could contract if Ukraine war worsens, WTO says WTO chief urges countries to...