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Why Interest Rates Don't Cool Inflation Enough: They Hit the Wrong Places
Finances

Why Interest Rates Don't Cool Inflation Enough: They Hit the Wrong Places

Many prices less affected by monetary policy matter more for cooling inflation, giving central banks reasons to be overly hawkish. Source link

Nervousness over banks sends euro 1% lower despite PMI By Reuters
Finances

UK inflation, highest in western Europe, falls only a little in March By Reuters

© Reuters. FILE PHOTO: People shop at a market stalls in east London, Britain, January 23, 2021. REUTERS/Henry Nicholls By Andy Bruce and David Milliken

Fed’s Barkin Wants More Evidence Inflation Is Easing to 2% Goal By Bloomberg
Finances

Fed’s Barkin Wants More Evidence Inflation Is Easing to 2% Goal By Bloomberg

(Bloomberg) — Richmond Federal Reserve President Thomas Barkin said he wants to see more evidence that US inflation is easing back to the central bank’s

BoE's Bailey urges firms to assume lower inflation when setting prices By Reuters
Finances

India’s March wholesale inflation eases to 30-month low on easing input prices By Reuters

© Reuters. A labourer carries a sack of onions at a wholesale market in Kolkata, India, December 14, 2021. REUTERS/Rupak De Chowdhuri NEW DELHI (Reuters)

Saudi-Led Oil Cuts Risk Fueling Inflation and Harming Global Economy, IEA Says
Finances

Saudi-Led Oil Cuts Risk Fueling Inflation and Harming Global Economy, IEA Says

Markets Commodities Oil Markets The hole in the global oil market between supply and demand is expected to reach 2 million barrels a day, the

Saudi-Led Oil Cuts Risk Fueling Inflation and Harming Global Economy, IEA Says
Business

Saudi-Led Oil Cuts Risk Fueling Inflation and Harming Global Economy, IEA Says

Markets Commodities Oil Markets The hole in the global oil market between supply and demand is expected to reach 2 million barrels a day, the

Retail Sales Report Shows Americans Pulled Back on Big-Ticket Purchases as Interest Rates Rose
Business

Retail Sales Report Shows Americans Pulled Back on Big-Ticket Purchases as Interest Rates Rose

Economy U.S. Economy Sales fell 1% in March, led by lower spending on vehicles Source link

Gold Prices Near Record as Investors Bet Inflation Is Here to Stay
Finances

Gold Prices Near Record as Investors Bet Inflation Is Here to Stay

Lower Treasury yields and a weaker dollar have also boosted the precious metal. Source link

Germany reaches deal with EU on future use of combustion engines By Reuters
Finances

IMF chief says global economy mired in weak growth, sticky inflation By Reuters

© Reuters. FILE PHOTO: The International Monetary Fund (IMF) logo in Washington, United States, September 4, 2018. REUTERS/Yuri Gripas By David Lawder and Andrea Shalal