News
Euro zone consumers cut inflation outlook before Iran war, ECB survey shows
6+ hour, 34+ min ago (160+ words) FRANKFURT, March 27 (Reuters) " Euro zone consumers were reducing their inflation expectations in the "run-up to the U.S.-Israeli "war on Iran, before a surge in energy prices fundamentally changed the outlook, a European Central Bank survey "showed "on Friday. Median expectations…...
Fed’s Barr sees rates holding steady ‘for some time’ given above-target inflation
2+ day, 17+ hour ago (248+ words) WASHINGTON, March 24 (Reuters) " The U.S. Federal Reserve may need to keep interest rates steady "for some time" before further cuts are warranted, "Fed Governor Michael Barr said on "Tuesday, noting continued inflation above the Fed's 2% target and the risks posed by…...
Brazil’s annual inflation slows ahead of key rate decision
2+ week, 1+ day ago (387+ words) SAO PAULO, March 12 (Reuters) " Brazil's 12-month inflation slowed in February to its lowest level in almost two years, official data showed on Thursday, potentially paving the way for the central bank to "kick off an easing cycle next week despite…...
BOJ to raise interest rates next quarter with expectations unchanged by Middle East war: Reuters poll
2+ week, 2+ day ago (625+ words) TOKYO, March 11 (Reuters) " The Bank of Japan will keep its key interest rate at 0.75% next week but likely raise it to 1.00% by end-June, a Reuters poll found, expectations that are broadly unchanged from before the start of the U.S.-Israeli war…...
Instant View: China sets 2026 growth target at 4.5%–5%, below last year’s pace
3+ week, 1+ day ago (946+ words) SINGAPORE, March 5 (Reuters) " China has set its 2026 economic growth target at 4.5%-5%, slightly lower than the 5% pace achieved last year, signalling room for greater, albeit not decisive, measures to address industrial overcapacity and rebalance the economy. Analysts have said a lower…...
US stocks decline as Iran war concerns deepen
3+ week, 2+ day ago (462+ words) NEW YORK, March 3 (Reuters) " A selloff in US'stocks deepened on Tuesday, as widening conflict in the Middle East drove energy prices higher and raised investor concern about inflation. MARKET REACTION: The Dow Jones Industrial Average 'and'the S&P 500 each fell…...
US mortgage rates dip below 6%, but supply remains key
1+ mon, 21+ hour ago (655+ words) WASHINGTON, Feb 26 (Reuters) " The average rate on the popular U.S. 30-year fixed-rate mortgage fell below 6% this week for the first time in 3-1/2 years, but economists said the improvement was likely temporary and on its own insufficient'to boost housing demand unless supply…...
Japan’s government taps academics Asada, Sato for BOJ board
1+ mon, 2+ day ago (682+ words) TOKYO, Feb 25 (Reuters) " The Japanese government on Wednesday nominated academics Toichiro Asada and Ayano Sato to join the central bank's nine-member board, offering signs of how Prime Minister Sanae Takaichi may influence monetary policy. KATSUTOSHI INADOME, SENIOR STRATEGIST AT SUMITOMO…...
Yen under pressure; Aussie higher on inflation
1+ mon, 2+ day ago (466+ words) SINGAPORE, Feb 25 (Reuters) " A wobbly yen was pinned near a two-week low on Wednesday as the government nominated to the central bank board two academics perceived as allowing higher inflation to spur growth, while an inflation surprise "sent Australia's dollar…...
South Africa’s inflation rate eases slightly in January
1+ mon, 1+ week ago (148+ words) JOHANNESBURG, Feb 18 (Reuters) - South Africa's headline consumer inflation "slowed to 3.5% "year on year in January, down from 3.6% in December, "data "from "the statistics agency "showed on Wednesday. Economists polled by Reuters had expected annual ... South Africa's inflation rate eases slightly…...