An unexpected increase: Fed's favorite inflation measure heated up last month
The Federal Reserve's preferred inflation gauge bounced higher in April, underscoring Fed Chair Jerome Powell's warning that reining in price hikes "is likely to be bumpy," but also increasing the odds for further rate hikes.
2023-05-26 20:55
'Get out': Influx of Russians to Georgia stokes old enmities
Above Tbilisi's Old Town stands the Mother of Georgia statue, like a less imposing Christ the Redeemer in Rio de Janeiro. "Kartlis Deda," as she is known to Georgians, holds a wine cup in her left hand and a sword in her right. She offers a choice to new arrivals. Come as a friend, you are our guest. Come as an enemy, you are not welcome.
2023-05-26 12:28
Inflation in Tokyo slows in May, but key gauge hits four-decade high
By Takahiko Wada and Leika Kihara TOKYO (Reuters) -Core consumer inflation in Japan's capital slowed in May, but a key
2023-05-26 10:19
Germany falls into recession as inflation hits economy
Rising prices have dampened demand from households and businesses in Europe's largest economy.
2023-05-25 17:19
South Korea producer inflation slows to 27-month low in April
SEOUL South Korea's producer prices rose in April at the slowest pace in 27 months, as agricultural and
2023-05-25 05:23
Mexico early-May prices fall by more than expected
(Reuters) -Consumer prices in Mexico fell by more then expected in the first half of May, driving annual inflation to
2023-05-24 20:55
UK inflation surprises for all the wrong reasons
UK inflation dropped back below 10% in April but didn't fall as sharply as economists were expecting, and one crucial measure of prices rose further to hit a 31-year high.
2023-05-24 16:47
South Africa's April inflation slows more than forecast to 6.8% y/y
JOHANNESBURG South Africa's headline consumer inflation slowed more than expected in April to 6.8% year on year from
2023-05-24 16:22
UK inflation falls by less than expected, core inflation jumps
By Andy Bruce LONDON (Reuters) -Britain's high inflation rate fell by less than expected in April and a closely watched
2023-05-24 15:29
Former Fed Chair Bernanke argues economy must slow further to bring down inflation
Former Federal Reserve Chair Ben Bernanke, who steered the central bank during the Great Recession, argued in a newly released paper that the Fed still has more work to do to bring inflation down.
2023-05-24 07:19
Brazil's finance ministry lifts 2024 inflation estimate
BRASILIA Brazil's finance ministry on Tuesday lifted its 2024 inflation forecast to 3.63%, from 3.52%, and kept its
2023-05-24 04:19
Mexico headline inflation seen at its lowest level in over 1-1/2 years - Reuters poll
MEXICO CITY Mexico's headline inflation likely slowed in the first half of May to its lowest level in
2023-05-24 01:52