WASHINGTON, Sept 13 Reuters U.S. import prices dropped by the most in eight months in August amid lower costs for fuels and food products, suggesting that domestic inflation will continue to subside in the months ahead. Import prices fell 0.3 last month, the largest decline since December 2023, after an unrevised 0.1 gain in July, […]

Weekly jobless claims increase 2,000 to 230,000 Continuing claims rise 5,000 to 1.850 million Producer prices climb 0.2 in August; up 1.7 yearonyear WASHINGTON, Reuters The number of Americans filing new applications for unemployment benefits increased marginally last week, suggesting that layoffs remained low even as the labor market is slowing. Other data from the Labor […]

October ECB rate cut bets pared back after press conference ECB cuts rates 25 bps, second cut of the year Risk of ECB moving too slowly investors Sept 12 Reuters Traders pared back their bets on backtoback rate cuts from the European Central Bank for the rest of the year on Thursday, as policymakers provided […]

Sept 13 Reuters Consumer prices in France rose 2.2 yearonyear in August, statistics office INSEE said on Friday, in line with its preliminary reading published late last month. EUharmonised yearonyear inflation in the bloc39;s secondbiggest economy slowed in August, compared with the July reading of 2.7. The slowdown is due to a sharp deceleration in energy prices […]

LONDON, Sept 13 Reuters The British public39;s expectations for inflation over the coming year dropped to their lowest in three years in August, a Bank of England survey showed on Friday, likely reassuring policymakers ahead of next week39;s interest rate decision. The central bank closely watches surveys of public inflation expectations as a guide to future […]