German economic institute critical of ECB moves Earlier hikes would have kept inflation at 3 ECB policymakers say bank caught up with large moves BERLIN, Oct 16 Reuters The European Central Bank has fuelled inflation in the monetary union with policy that is too hesitant, according to a study by the German Institute for Economic […]

Yen may keep rising and weigh on inflation, Adachi says Adachi warns of uncertainty over next year39;s wage talks BOJ must scrutinise risks, avoid premature rate hike BOJ will eventually raise rates to levels deemed neutral TOKYOTAKAMATSU, Japan, Oct 16 Reuters The Bank of Japan must raise interest rates at a very moderate pace and […]

UK CPI falls to 1.7 in Sept from 2.2 Sterling slumps as investors bet more on BoE rate cuts Core, services measures also come in below forecasts Data offers modest help for UK39;s Reeves ahead of budget Oct 16 Reuters British inflation dropped sharply and key price gauges watched by the Bank of England also […]

IEA cuts 2024 demand growth forecast by 40,000 bpd Projection for 2025 raised by 50,000 bpd Oil drops as Iran supply disruption concerns ease LONDON, Oct 15 Reuters The world oil market is heading for a sizeable surplus in the new year, the International Energy Agency said on Tuesday as it reassured markets that the […]

Industrial output expand on big rise in Germany Structural issues not resolved ZEW sentiment index improved Bank lending recovering FRANKFURT, Oct 15 Reuters The euro zone economy showed some signs of life on Tuesday with a raft of indicators pointing to lukewarm but still positive growth for a bloc that has been skirting a recession […]

MUMBAI, Oct 15 Reuters A sharp jump in India39;s retail inflation for September has prompted several economists to push back domestic rate cut bets to the firsthalf of 2025 from early December, with some citing growth as a bigger factor that could determine the timing of an interest rate reduction. Annual retail inflation clocked in at 5.49 […]

SYDNEY, Oct 15 Reuters Growth across the Pacific Islands is expected to slow to 3.6 this year, down from 5.8 in 2023, as a postpandemic rebound fades and Fiji, contributing half of the region39;s output, slowed significantly, the World Bank said on Tuesday. A longterm slowdown was caused by weaker investment, increasing climate risks, and […]

NY Fed finds higher expected longerrun inflation expectations NY Fed Americans projected higher levels of credit delinquency NY Fed Expected home price, rent cost increases ebbed in September NEW YORK, Oct 15 Reuters Americans said they expected higher inflation over the longer run last month, as their expectations of credit turbulence rose to the highest […]

Oct 15 Reuters Spain39;s European Unionharmonised 12month inflation fell to 1.7 in September, down from 2.4 in the period through August, final data released by the National Statistics Institute INE showed on Tuesday. The 12month inflation rate was the same as the flash estimate reported by INE two weeks ago and the average expectation by […]

China may raise 6 trln yuan in new debt over 3 years report Part of the funds to ease local govt debt burden Caixin Global Report follows finance ministry pledge to sharply boost debt BEIJING, Oct 15 Reuters China may raise an additional 6 trillion yuan 850 billion from special treasury bonds over three years […]