Euro zone business growth slumped in June as price hikes bite

Euro zone business growth slumped in June as price hikes bite

A shopping cart is pushed down the aisle in this photo illustration taken at Mercator shopping mall in Ljubljana, January 28, 2014. REUTERS / Srdjan Zivulovic Register now for FREE unlimited access to Reuters.com Register LONDON, June 23 (Reuters) – Eurozone business growth has slowed significantly this month – and by much more than expected … Read more

UK economy ‘running on empty’ as recession signals mount – PMI

UK economy ‘running on empty’ as recession signals mount – PMI

A general view is seen of the London skyline from Canary Wharf in London, Britain, October 19, 2016. REUTERS / Hannah McKay Register now for FREE unlimited access to Reuters.com Register LONDON, June 23 (Reuters) – Britain’s economy is showing signs of stalling as high inflation hits new orders and businesses report levels of concern … Read more

Fed’s Bullard: I hope US economy repeats outcome of 1994’s soft landing

St. Louis Federal Reserve Bank President James Bullard speaks at a public lecture in Singapore October 8, 2018. REUTERS / Edgar Su / File Photo Register now for FREE unlimited access to Reuters.com Register June 20 (Reuters) – The US Federal Reserve could raise interest rates swiftly this year and forge a “stellar” economy ahead … Read more

Market positioning suggests more pain for equities despite the route, Bank of America says

A trader walks by the New York Stock Exchange (NYSE) in Manhattan, New York City, US, May 19, 2022. REUTERS / Andrew Kelly Register now for FREE unlimited access to Reuters.com Register LONDON, June 17 (Reuters) – A market trends indicator by BofA Securities fell to zero for the first time since the pandemic-induced mayhem … Read more

The ECB to discuss the market route in an unscheduled meeting

The European Central Bank (ECB) logo in Frankfurt, Germany, January 23, 2020. REUTERS / Ralph Orlowski / File Photo Register now for FREE unlimited access to Reuters.com Register FRANKFURT, June 15 (Reuters) – The European Central Bank’s rate-setting Governing Council will hold an unscheduled meeting on Wednesday morning to discuss the recent sell-off in government … Read more

French Finance Minister: rising US bond yields show that “era of cost-free money is over”

French Minister for Economy, Finance, Industry and Digital Security Bruno Le Maire looks on during a French president’s visit to the Eurosatory land and airland defense and security trade fair, at the Paris-Nord Villepinte Exhibition Center in Villepinte, north of Paris, June 13 , 2022. Ludovic Marin/ Pool via REUTERS Register now for FREE unlimited … Read more

Fed door open to 0.75% hike after inflation data, market moves

US Federal Reserve Chairman Jerome Powell tests during the Senate Banking Committee hearing titled “The Semiannual Monetary Policy Report to the Congress,” in Washington, US, March 3, 2022. Tom Williams / Pool via REUTERS / File Photo Register now for FREE unlimited access to Reuters.com Register WASHINGTON, June 13 (Reuters) – Eroding inflation data and … Read more

CEE ECONOMY Czech inflation hits 16%, raising bets of big June rate hike

Czech Crown coins are seen in front of a displayed logo of Czech central bank (CNB) in this picture illustration taken April 1, 2017. REUTERS / David W Cerny / Illustration / File Photo Register now for FREE unlimited access to Reuters.com Register Czech inflation surges above expectations Markets see at least a 100 bps … Read more

Thai c.bank holds rate, but signals tightening as economy recovers

Committee voted 4-3 to hold rate at 0.50%; three wanted a hike Raises 2022 GDP growth outlook to 3.3% from 3.2% seen earlier 2022 headline inflation forecast raised to 6.2% from 4.9% Says very accommodative policy will be less needed Rate increases expected this year – economists BANGKOK, June 8 (Reuters) – Thailand’s central bank … Read more

Wall St Week Ahead US stock market rebound faces key inflation test

The Federal Reserve building is seen before the Federal Reserve board is expected to signal plans to raise interest rates in March as it focuses on fighting inflation in Washington, US, January 26, 2022. REUTERS / Joshua Roberts Register now for FREE unlimited access to Reuters.com Register NEW YORK, June 5 (Reuters) – A rally … Read more