Trump cuts tariffs on beef, coffee and other foods as inflation concerns mount
Tariff rollback includes beef, tomatoes, bananas amid inflation concerns Trade deals with Argentina, Ecuador, Guatemala, El Salvador to…
US, Japan share unorthodox anti-inflation tool – fiscal stimulus
ORLANDO, Florida, Nov 13 (Reuters) – The United States and Japan are both employing a novel inflation-fighting tool:…
Japan’s wholesale prices rise more than expected on sticky food inflation
TOKYO, Nov 13 (Reuters) – Japan’s wholesale prices rose more than expected in October as the cost of…
Egypt’s consumer price inflation accelerates to 12.5% in October
Nov 10 (Reuters) – Egypt’s annual urban consumer price inflation rose more than expected to 12.5% in October,…
China’s factory-gate deflation eases in October, consumer prices rise
October consumer prices rise 0.2% from a year earlier Producer price index extends three-year drop but moderates Authorities…
US tariffs likely push Japan into first economic contraction in six quarters: Reuters poll
TOKYO, Nov 7 (Reuters) – Japan’s economy probably contracted for the first time in six quarters in the…
Dollar weakens amid soft labor US data
Item 1 of 2 Woman holds British Pound banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration…
Investors bet on ‘joy postponed’ with a BoE cut in December
Policymakers voted 5-4 to keep rates at 4% Analysts had expected a 6-3 split in favour of no…
Subdued Philippine inflation leaves door open for December rate cut
Inflation below central bank’s target for eighth month Below target inflation could allow for rate cut in December…
Bank of Japan debated growing case for rate hike, September minutes show
One member saw need to hold to avoid surprising markets Another saw timing ripe for hike from Japan…
US economy at risk of wobble as lower-income consumers get squeezed
Rising costs, job market outlook could stress households Government shutdown may impact food benefits, healthcare costs Fed monitors…
Bessent says high US interest rates may have caused housing recession
Item 1 of 2 A “For Sale” sign stands in front of a house, on the North Shore…