Tag: inflation
Bank of Mexico Hikes Interest Rate to 10.50%, Signal Another increase Coming
The Bank of Mexico raised its key interest rate by an expected 50 basis points to a record 10.50% on...
US Import Prices Drop in Hopes of Easing Inflation
WASHINGTON, United States — U.S. import prices fell for a fifth straight month in November, pulled down...
S&P 500 Inches Higher as Black Friday Sales Kick Off
The benchmark S&P 500 edged higher on Friday, with focus on retailers as Black Friday sales kicked...
Sri Lankan Central Bank Threatens Administrative Measures to Bring Down Market Rates
COLOMBO, Sri Lanka — On Thursday, Nov. 24 Sri Lanka's central bank threatened administrative intervention...
New Zealand to Deliver Record-High Interest Hike Amid Persisting Inflation
WELLINGTON, New Zealand — New Zealand's central bank said on Tuesday, Nov. 22 that it expects to deliver...
Canadian Personal Bankruptcies Surge by 22.5% in Third Quarter; Economy Sputtering
According to data, recently released by Statistics Canada, consumer insolvencies in Canada soared by...
Brazil’s Central Bank Chief Says Fiscal Prudence Crucial Amid Political Protests and Inflation
BRASILIA, BRAZIL — Brazil's central bank chief Roberto Campos Neto emphatically defended the need for...
US Inflation Turning the Corner as Consumer Prices Rise Below Expectations
U.S. consumer prices rose less than expected in October, pushing the annual increase below 8 percent...
Dollar Advances Ahead of Inflation Data As Cryptocurrencies Crumble
SINGAPORE — The dollar regained its footing on Wednesday, Nov. 9 ahead of key U.S. inflation data due...
US Consumers Confidence Ebbs as Housing Prices Slow
WASHINGTON (Reuters) — U.S. consumer confidence ebbed in October after two straight monthly increases...
Britons Turn to ‘Warm Banks’ Amid Political Turmoil and Worsening Inflation
LONDON (Reuters) — As winter approaches and temperatures dip, charities and local authorities across...
US Existing Home Sales Slide Again in September
U.S. existing home sales dropped for an eighth straight month in September as surging mortgage rates...