Category: Economic

ECB’s Lagarde sticks to benign view of inflation By Reuters

© Reuters. FILE PHOTO: President of the European Central Bank (ECB) Christine Lagarde speaks as she takes part in a news conference on the outcome of the Governing Council meeting, in Frankfurt, Germany, October 28, 2021. REUTERS/Kai Pfaffenbach FRANKFURT (Reuters) – Euro zone wage demands remain modest enough to support the European Central Bank’s expectation […]

Safe-haven yen gains against Aussie as risk sentiment sours By Reuters

© Reuters. FILE PHOTO: Saudi riyal, yuan, Turkish lira, pound, U.S. dollar, euro and Jordanian dinar banknotes are seen in this illustration taken January 6, 2020. REUTERS/Dado Ruvic/Illustration By Kevin Buckland TOKYO (Reuters) – The safe-haven yen gained versus the riskier Australian dollar on Friday as risk sentiment soured amid rekindled fears of heated inflation […]

Bank of England to raise rates again in February as inflation surges: Reuters poll By Reuters

© Reuters. FILE PHOTO: People walk past the Bank of England during morning rush hour, amid the coronavirus disease (COVID-19) pandemic in London, Britain, July 29, 2021. REUTERS/Henry Nicholls By Jonathan Cable LONDON (Reuters) – The Bank of England will press ahead with its tightening cycle next month as red-hot inflation runs well ahead of […]

Netflix’s weak subscriber forecast evaporates pandemic-fueled stock gains By Reuters

© Reuters. The Netflix logo is seen on a TV remote controller, in this illustration taken January 20, 2022. REUTERS/Dado Ruvic/Illustration By Lisa Richwine LOS ANGELES (Reuters) -Netflix Inc dashed hopes for a quick rebound after forecasting weak first-quarter subscriber growth on Thursday, sending shares sinking nearly 20% and wiping away most of its remaining […]

Canadian vaccine mandate to lead to inflation, empty shelves, trucking executives say By Reuters

2/2 © Reuters. FILE PHOTO: Cross-border transport trucks cross paths on the Peace Bridge at the Canada U.S. border in Buffalo, New York, U.S., January 10, 2018.REUTERS/Hyungwon Kang/File Photo 2/2 By Steve Scherer OTTAWA (Reuters) – Canadian consumers should soon see higher prices and some empty shelves in supermarkets and other retail outlets because of […]

IMF sees cost of COVID pandemic rising beyond $12.5 trillion estimate By Reuters

© Reuters. FILE PHOTO: The International Monetary Fund logo is seen inside its headquarters at the end of the IMF/World Bank annual meetings in Washington, U.S., October 9, 2016. REUTERS/Yuri Gripas WASHINGTON (Reuters) – The International Monetary Fund expects to raise its forecast that the COVID-19 pandemic will cost the global economy $12.5 trillion through […]

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