News
UK businesses show growth and inflation hit from Iran war
1+ day, 9+ hour ago (666+ words) By David Milliken and William Schomberg LONDON, March 24 (Reuters) " British business activity has grown at the slowest pace in six months and manufacturers" input costs accelerated at the fastest rate since 1992, according to a survey that underscores the risks to…...
Euro zone economy close to stalling as war takes its toll
1+ day, 10+ hour ago (614+ words) By Jonathan Cable and Balazs Koranyi LONDON/FRANKFURT, March 24 (Reuters) " Euro zone private sector growth nearly stalled this month as inflation expectations surged and delivery times soared, adding to mounting evidence that the bloc is already suffering a tangible drag…...
Japan’s cherry blossom picnics feel the pinch of global inflation
1+ day, 11+ hour ago (311+ words) TOKYO, March 24 (Reuters) " Global inflation is taking a bite out of Japan's iconic "hanami" cherry blossom picnics, with an index tracking food and drink costs "up 25% since 2020, private think tank Dai-ichi "Life Research Institute said on Tuesday. Around late March…...
Fed’s Miran still believes Fed should cut interest rates – Bloomberg TV
1+ day, 16+ hour ago (466+ words) March 23 (Reuters) " Federal Reserve Governor Stephen Miran said on Monday it's premature to draw conclusions about how surging oil prices will affect the U.S. economy, as he stuck to his guns and argued a softening jobs "market requires more rate cuts…...
ECB won’t hesitate to act if inflation at risk of getting entrenched, Kazimir says
1+ day, 10+ hour ago (333+ words) FRANKFURT, March 23 (Reuters) " The European Central Bank will not hesitate to tighten policy if the coming energy-driven inflation surge looks like becoming entrenched, keeping price growth elevated for "an extended period, ECB policymaker Peter Kazimir said on "Monday. The ECB…...
US futures slip after hotter-than-expected producer inflation data
1+ week, 6+ hour ago (160+ words) March 18 (Reuters) " Futures tracking Wall Street's main indexes slipped on Wednesday after data "showed producer prices rose "more than expected in February, dampening expectations that the Federal Reserve will lower interest rates this year. A "Labor "Department report showed "the…...
BoE policymakers vote 9-0 to keep rates on hold in face of war risks
6+ day, 6+ hour ago (835+ words) By William Schomberg and David Milliken LONDON, March 19 (Reuters) " The Bank of England's interest rate-setters all voted to keep borrowing costs on hold and said they were "ready to act" to see off risks from war in the Middle East,…...
Bank of England to raise interest rates in April, July on inflation risks, J.P. Morgan says
5+ day, 15+ hour ago (278+ words) March 20 (Reuters) " J.P. Morgan expects the Bank of England to hike interest rates by 25 basis points each in April and July, changing its "stance of anticipating no change this year, "after the central bank turned hawkish on higher inflation risks from…...
Bank of England policymakers unanimously keep rates on hold in face of war risks
6+ day, 7+ hour ago (720+ words) By William Schomberg and David Milliken LONDON, March 19 (Reuters) " The Bank of England's nine interest rate-setters voted unanimously to keep borrowing costs on hold in the face of inflation risks from the war in the Middle East, and some raised…...
Brazil’s Haddad sees up to 1% first-quarter growth, 2026 depends on rates
1+ week, 4+ day ago (261+ words) BRASILIA, March 14 (Reuters) " Brazil's finance minister Fernando Haddad said the economy may grow as much as 1% in the first quarter "and signaled that full-year expansion will depend "on the path of interest rates, as expectations for the start of monetary…...