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Finances

Bank of England rate hike bets recede after inflation drops By Reuters

© Reuters. FILE PHOTO: A general view of the Bank of England in London, Britain July 12, 2023. REUTERS/Anna Gordon By Andy Bruce LONDON (Reuters)

Stubborn Inflation Means More Pain for the U.K.
Business

Stubborn Inflation Means More Pain for the U.K.

Consumer prices in the U.K. continue to rise at a faster rate than in most other rich countries, threatening fresh hardship for millions of voters

Two dead, nine missing in Pennsylvania chocolate factory explosion
Finances

Stocks climb, sterling weighed down as UK inflation slows By Reuters

© Reuters. FILE PHOTO: Passersby walk past an electric board displaying Japan’s Nikkei share average outside a brokerage in Tokyo, Japan April 18, 2023. REUTERS/Issei

Finances

Dollar tentative, kiwi jumps as NZ inflation data tempers rate doves By Reuters

2/2 © Reuters. FILE PHOTO: A New Zealand Dollar note is seen in this picture illustration June 2, 2017. REUTERS/Thomas White/Illustration 2/2 By Rae Wee

Retailers' Problems Get Real
Finances

Retailers' Problems Get Real

Merchants are selling more stuff, but now it is often at lower prices. Source link

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

Still some distance to sustainably hit 2% inflation target By Reuters

© Reuters. FILE PHOTO: Bank of Japan (BOJ) Governor Kazuo Ueda attends a news conference after their policy meeting at BOJ headquarters in Tokyo, Japan

No let up for world stocks as banking worries persist By Reuters
Finances

Canada annual inflation rate slows to 2.8% in June By Reuters

© Reuters. FILE PHOTO: People pay for their items at a grocery store in Toronto, Ontario, Canada November 22, 2022. REUTERS/Carlos Osorio/File Photo (Reuters) –

Finances

ECB hawk says bank will carefully weigh inflation data after July By Reuters

© Reuters. FILE PHOTO: Klaas Knot, Chair of the Financial Stability Board, arrives for the G20 leaders’ summit in Nusa Dua, Bali, Indonesia, November 15,

Shoppers Likely Spent More Last Month as Inflation Eased
Business

Shoppers Likely Spent More Last Month as Inflation Eased

Economists expect June retail sales growth to be the strongest since January. Source link

Rivian to relocate staff to Illinois EV plant to accelerate production
Finances

Russian inflation expectations jump to 11.1% with rate decision imminent By Reuters

© Reuters. FILE PHOTO: A customer pays with Russian rouble banknotes at a market in Saint Petersburg, Russia July 9, 2023. REUTERS/Anton Vaganov/File Photo MOSCOW (Reuters) –