Tag Archives: inflation

The euro fell on Friday after economic data painted a mixed picture on growth and inflation in the euro-zone, adding to uncertainty about the percentage by which the European Central Bank is expected to raise interest rates next week. Preliminary data showed gross domestic product in the euro zone grew …

Data on Friday showed that the German economy slowed in the first quarter, as higher exports and capital investment offset a decline in government and household consumption. The Federal Statistics Office said the gross domestic product was unchanged on a quarterly basis. Analysts polled by Reuters had expected growth of …

WTI crude oil is up by some 0.6% and has traveled within a range of between $75.24 and $74.08 so far. Following two days of losses that cut prices to the lowest since late March, the black gold is back on the mend in a mini short squeeze.WTI has closed …

The Summary of Deliberations from the April 12 meeting of the Bank of Canada, at which the interest rate was left steady, revealed that they debated raising rates. According to the projections of the BoC Governing Council, the document notes that inflation was dropping. Officials concurred that expecting rate reductions …

Data from Britain’s Office for National Statistics showed on Wednesday that consumer price inflation in the country fell to 10.1 percent in March from 10.4 percent in February. Economists polled by Reuters had expected the annual rate to drop to 9.8 percent in March, further away from October’s 41-year high …

Inflation in Canada, as measured by the Consumer Price Index (CPI), decreased to 4.3% on an annual basis in March from 5.2% in February, Statistics Canada announced on Tuesday. This reading came in line with the market forecast. On a monthly basis, the CPI grew by 0.5% as projected. Additionally, …

On Friday, the dollar headed for the most extended period of weekly losses in nearly three years as traders reinforced expectations that the Federal Reserve is about to end the cycle of raising interest rates after indications that inflation may subside. Thursday’s data showed US wholesale prices, which are measured …

The managing director of the International Monetary Fund (IMF), Kristalina Georgieva, told CNBC in an interview on Thursday that while there isn’t a financial crisis in the US, there are risks.After these remarks, the US Dollar Index remains firmly in the red and was last observed losing 0.5% at roughly …

U.S. headline inflation slowed by more than expected in March, according to data from the Bureau of Labor Statistics on Wednesday. On an annual basis, the consumer price index for the month dipped to 5.0% from 6.0% in February. Economists had projected that the reading would fall to 5.2%. The …

Further to earlier reports, the International Monetary Fund has reportedly stated that “should Japanese long-term rates rise further, Japanese investors’ repatriation of funds could affect sovereign bond yields in Australia, several euro area countries, and in the US.” This is in reference to earlier reports that the IMF on Tuesday …