UK inflation jumps to 2.3%, underscoring BoE's stance for gradual rate cuts
British inflation jumped by more than expected last month to rise back above the Bank of England's 2% target and underlying price growth
November 20, 2024British inflation jumped by more than expected last month to rise back above the Bank of England's 2% target and underlying price growth
November 20, 2024Russian consumer prices rose 0.37% in the latest week, up from 0.3% in the previous week, data showed, driven by price growth for butter, sunflower oil, dairy products and potatoes,
November 20, 2024Federal Reserve Governor Michelle Bowman, among the U.S. central bank's most hawkish policymakers, on Wednesday called for a cautious approach to any further interest rate cuts, noting
November 20, 2024High inflation in Britain has not been vanquished and it is more likely to overshoot than undershoot Bank of England forecasts over the medium term, BoE interest
November 13, 2024Sri Lanka's consumer price inflation reached minus 0.7% year-on-year in October after easing to minus 0.2% in September, official data showed on Thursday, as the island
November 21, 2024Berkay Ucar has almost given up hope of finding work after his eight-month search only generated a few unsuccessful interviews.
November 21, 2024Leading Russian economists expect inflation in Russia to exceed the central bank's estimate for this year, increasing the likelihood of
November 21, 2024Former Treasury Secretary Larry Summers tells CNN's Kate Bolduan that President-elect Trump's proposed economic agenda will lead to 'inflation shock' for Americans.
November 13, 2024U.S. consumer prices increased as expected in October, and progress toward bringing inflation down has slowed since mid-year, which could result in fewer interest rate cuts from the
November 13, 2024Japan's core inflation in October held above the central bank's 2% target and a key index stripping away the effect of fuel accelerated, data showed on Friday, keeping
November 21, 2024India's business activity rose at its fastest pace in three months in November, helped by an improving services industry and record job creation, but output
November 22, 2024Morocco's annual inflation, measured by the consumer price index, eased to 0.7% in October from 0.8% a month earlier, Morocco's statistics agency said on Friday.
November 22, 2024British home price increases will outpace overall inflation and rental costs will rise even faster although affordability for first time homebuyers will improve,
November 22, 2024Mexico's economy expanded 1.1% in the third quarter compared to the April-June period, national statistics agency INEGI said on Friday, almost in line with the 1.0% increase expected by
November 22, 2024Europe and the U.S. will both take a growth hit if there is a new trade war and inflation could also rise, increasing pressure on EU leaders to kick start long-delayed economic
November 22, 2024Mexico's statistics agency INEGI released data on Friday showing that inflation slowed more than expected, while growth exceeded forecasts, opening the
November 22, 2024The Trump inflation shock could be worse than the last inflation crisis, Larry Summers warns
November 13, 2024By Lauren Young This was originally published in the Reuters On the Money newsletter, where we share U.S. personal-finance tips and insights every other week. Sign up here to receive it for free.
November 23, 2024Americans’ debt is growing — but so are incomes
November 13, 2024India expects food inflation to slow in the coming months, backed by a bumper summer crop harvest, and remains "cautiously optimistic" on its economic growth, according to a
November 25, 2024British households' disposable income fell in October and rising inflation may subdue spending this Christmas, supermarket group Asda said on Monday.
November 25, 2024Wholesale inflation heated up again last month, reversing recent progress
November 14, 2024Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed’s officials want to see where it heads next
November 14, 2024Japan’s economy eked out an annual rate of 0.9% growth in the July-September quarter as consumer spending held up
November 15, 2024Americans stepped up their spending at retailers last month in the latest sign that healthy consumer spending is driving the economy’s steady growth
November 15, 2024Russia is locking up butter as inflation crisis reaches new heights
November 18, 2024Inflation in the U.K. has risen sharply to a six-month high in October, cementing market expectations that there will be no further cuts in borrowing rates this year
November 20, 2024Cheaper turkeys help bring down Thanksgiving dinner costs this year
November 20, 2024Target has reported sluggish sales and slumping profits in the fiscal third quarter as inflation-weary customers curtailed their spending on apparel and other non-essential items
November 20, 2024How much will a Thanksgiving dinner cost this year? Jenn Sullivan looks at how inflation is impacting prices
November 20, 20243 urgent tasks awaiting Trump’s pick for Treasury secretary
November 20, 2024Just a few weeks ago, the path ahead for the Federal Reserve looked straightforward: With inflation cooling and the job market slowing, the Fed appeared on track to steadily cut interest rates
November 20, 2024Thanksgiving grocery prices might be high. But road trip costs shouldn’t be
November 22, 2024New vehicle sales in the U.S. are projected to have risen 6.7% in November from a year earlier, driven by higher discounts to clear elevated inventory, according to a joint report by
November 27, 2024Most major stock markets will fail to even repeat this year's lacklustre performance in 2025 based on the prospect of global trade tensions and a worsening
November 27, 2024Russia's central bank said on Wednesday it would stop foreign currency purchases in order to ease pressure on the financial markets after the
November 27, 2024U.S. consumer spending increased slightly more than expected in October, suggesting the economy retained much of its solid growth momentum early in the fourth
November 27, 2024President-elect Donald Trump launched a blitz of picks for his Cabinet, but he took his time settling on billionaire investor Scott Bessent as his choice for treasury secretary
November 23, 2024Egg prices are on the rise again as a lingering outbreak of bird flu coincides with high demand during the holiday baking season
November 25, 2024The new Trump administration's economic policies in the U.S. may have a "relatively limited" effect on European inflation but could have a more noticeable impact on long-term
November 26, 2024Brazil's consumer prices rose more than expected in the month to mid-November, data from statistics agency IBGE showed on Tuesday, fueling bets that the central bank may
November 26, 2024Australia's consumer price inflation rate stayed at a three-year low in October as government rebates drove electricity and rent prices down, though core inflation picked up in a
November 27, 2024Mozambique's central bank cut its main interest rate by 75 basis points on Wednesday, the sixth cut in a row, as inflation remains subdued in the southern African country.
November 27, 2024The dollar fell broadly on Wednesday in thin pre-holiday trade, digesting a slew of indicators that underscored U.S. economic resilience while investors assessed
November 27, 2024The European Central Bank will keep cutting interest rates as inflation falls and its focus is slowly shifting to growth, which is proving fragile, ECB Vice President Luis de
November 26, 2024