-
News Agency News Aggregator Journalist/Editor Broking House Others
#markets | Global stock markets rallied and the dollar strengthened on Thursday after a slew of data showed a strong US economy that is decelerating with slowing inflation. | #WallStreet |
#Asia markets set to rise following Wall Street's gains, Tokyo inflation notches up
U.S. gasoline prices have shot up an unusually strong 9.2% in January to average about $3.50 a gallon as of Thursday, which could throw a wrench in the Federal Reserve’s inflation fight.
Consumer inflation in Japan's capital hits near 42-year high, keeps BOJ under pressure
Joe Manchin failed to win quick passage of a Senate bill that would halt EV credits, worth as much as $7,500, until implementation rules are finalized for the Inflation Reduction Act
Looking to cash in on Inflation Reduction Act rebates for heat pumps and induction stoves? Many won’t be available until 2024
Sherwin-Williams's earnings guidance falls short of analyst expectations, underscoring macro pressures from a slowing US housing market and inflation
Chipotle is adding 15,000 jobs across its North American locations — a sign that restaurant demand remains robust despite high inflation and economic uncertainty
Mastercard dropped after warning revenue growth would slow even faster than expected this quarter, stoking fears that inflation is crimping consumer spending
Eurozone Update: Stubbornly high inflation, rates ‘higher for longer’: Eurozone Update: Stubbornly high inflation, rates ‘higher for longer’ (2 pages) [...]
Bundesbank President Joachim Nagel warns against being complacent on inflation
Tiff Macklem was the first G-7 central banker to adopt outsize rate hikes to tame runaway inflation, saying they’d boost the odds of a soft landing in Canada. Now his argument is being put to the test
Germany must be careful not to undermine the European Central Bank’s inflation fight by taking on unnecessary debt, according to the country’s chief economic adviser
The Bank of Zambia will likely look past a slowdown in annual inflation and increase the key interest rate for the first time in more than a year on Feb. 15
Japan needs to see a 3% increase in nominal wages across the board to anchor inflation above the central bank’s 2% target, according to the IMF’s No. 2 official
The Bank of Japan should consider boosting flexibility in long-term yields as rising inflation risks call for securing more room for policy maneuvering, according to the IMF
-