(Reuters) – Russia’s central bank said on Friday that inflationary pressures across the economy had remained strong during the first two weeks of February, citing a slump in the rouble as[...]
Read more
February 17, 2023
Barkin: Not much signal in recent elevated jobs, retail numbers
ROSSLYN, Va. (Reuters) – The unexpectedly strong January jobs report and retail sales may have been influenced by seasonal factors, and don’t necessarily point to overly strong demand that[...]
Read more
U.S. import prices fall in January; annual increase smallest in two years
By Lucia Mutikani WASHINGTON (Reuters) – U.S. import prices dropped for a seventh straight month in January amid declining costs for energy products, leading to the smallest annual increase in i[...]
Read more
Hawkish ECB comments push up rate-hike expectations
By Leigh Thomas and Francesco Canepa PARIS/FRANKFURT (Reuters) – European Central Bank interest rates still have some way to rise, two influential policymakers said on Friday, pushing up market[...]
Read more
Fed’s Barkin: Labor shortages may persist
ROSSLYN, Va (Reuters) – The labor shortages bedeviling U.S. businesses are unlikely to be resolved quickly or easily, Richmond Federal Reserve bank president Thomas Barkin said Friday, pointing[...]
Read more
Canada January producer prices up 0.4% on petroleum, primary metals
Producer prices in Canada rose by 0.4% in January from December on higher prices for refined petroleum energy products, as well as primary non-ferrous metal products, Statistics Canada said on Friday.[...]
Read more
Investors pull cash from classic risk plays as Fed rate picture shifts
LONDON (Reuters) – Investors turned more cautious in the week to Wednesday, according to data from Bank of America, as a run of data prompted many to raise their forecasts for how high the U.S.[...]
Read more
Germans worry about inflation, say it causes financial pain – survey
BERLIN (Reuters) – Most Germans are worried about high inflation, and more than half of them report that rising prices are making them struggle financially, an international survey by Dynata sho[...]
Read more
ECB’s Villeroy sees summer rate peak, no cut this year
PARIS (Reuters) -The European Central Bank interest rates are likely to reach their peak over the summer and a rate cut this year is out of the question, French ECB policymaker Francois Villeroy de Ga[...]
Read more