Tag "Inflation"

NEW DELHI (Reuters) – India’s annual wholesale price inflation picked up in October to a six-month high, driven by faster rises in prices of food and fuel products, government data showed on Tuesday. India’s annual wholesale price inflation last month

FRANKFURT : The European Central Bank caught financial markets off-guard on Thursday by announcing it would trim asset buys from April next year, even as it reserved the right to increase purchases again if the euro zone’s recovery faltered. The

BEIJING : Activity in China’s manufacturing sector grew more than expected in November, expanding at its strongest pace in more than two years, as the world’s second-largest economy picks up momentum heading into what promises to be a tumultuous 2017.

SANTIAGO : Inflation in Chile should end the year closer to 3 percent, instead of 3.5 percent as the central bank previously expected, the bank’s vice president was quoted as saying in local newspaper El Mercurio on Sunday. Sebastian Claro

LONDON : A market gauge of long-term euro zone inflation expectations hit its highest level since late May on Thursday, pulled up by expectations of rising consumer prices in the U.S. under a Donald Trump presidency. Euro zone bond yields

The Fed left short term interest rates unaltered on Wednesday, but kept its word about a possible hike before the year ends. The Fed in a post-meeting statement argued that the case for an increase has strengthened, but decided to

NEW DELHI : India’s consumer inflation is expected to have eased to a four-month low in August, helped by smaller rises in food prices, but it likely remains too high for a rate cut next month when the central bank’s

BEIJING : China’s consumer price inflation slowed to its weakest pace in almost a year in August, pulled down by abating food costs, although an encouraging moderation in producer price deflation added to recent evidence of a steadying economy. The

U.S. market indexes were higher on Monday, regaining some ground after last week’s losses. For the day the Dow Jones Industrial Average closed at 18502.99 for a gain of 107.59 points or 0.58 percent. The S&P 500 was also higher,

MUMBAI : Indian monetary policy is likely to stay broadly unchanged when Urjit Patel takes over as Reserve Bank of India governor, according to a Reuters poll, but his approach to cleaning up public banks’ bad debts could be less