Economic Measures Inflation

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  • BRASILIA, July 20- Brazil kept interest rates on hold for the eighth straight time on Wednesday as expected, in the first decision of a new central bank board that said it was too soon to cut rates despite a crippling recession. "The text format changed completely, but the main message remained the same: The conditions for interest rate cuts are not there yet and it...

  • SHANGHAI, July 20- China stocks were flat on Wednesday amid weak trading volumes as investors sought leads from economic data about possible policy direction in the mainland. The next possible clues about the economic outlook may come from the Purchasing Managers' Indexes, due Aug. 1. "I think it's normal, there's been some recent data releases including...

  • ANKARA, Turkey— Turkey's central bank cut a key interest rate for the fifth month in a row Tuesday, days after an attempted coup against President Recep Tayyip Erdogan triggered concerns over the country's economic outlook. In a statement, the bank's Monetary Policy Committee said it had reduced its overnight marginal funding rate by a quarter percentage...

  • TUESDAY, JULY 19 LONDON- International Monetary Fund publishes update to World Economic Outlook, including new UK growth forecasts- 1300 GMT. ANKARA- Turkey central bank monetary policy meeting- 1100 GMT. PRETORIA- South African Reserve Bank starts its three-day monetary policy committee meeting.

  • ACCRA, July 18- Ghana has cut its 2016 economic growth forecast sharply to 4.1 percent from 5.4 percent due to lower export prices and irregular oil production, Finance Minister Seth Terkper told Reuters on Monday. Ghana, which also produces cocoa and gold, is following an International Monetary Fund program to restore fiscal balance and spur growth, which...

  • LONDON, July 17- Bank of England rate-setter Gertjan Vlieghe said on Sunday he had already seen early signs that Britain's economy is heading for a period of slower economic growth and higher inflation after last month's Brexit vote. Vlieghe, the only member of the Monetary Policy Committee who voted to cut interest rates this month, said he saw an immediate need...

  • NEW YORK, July 15- U.S. "Over the last week or so we've gotten stronger-than-expected data across the board," said Dan Mulholland, head of Treasury trading at Credit Agricole in New York. Ten-year notes hit record low yields of 1.321 percent last week on concerns about slowing global growth, which were exacerbated by Britain's June 23 vote to quit the European Union.

  • ST. LOUIS, July 15- St. Louis Fed President James Bullard said on Friday there are "upside" risks to his view that the U.S. central bank should raise interest rates just once this year and remain on hold in 2017 and 2018.. In a presentation to the Official Monetary and Financial Institutions Forum, Bullard said his baseline is for the U.S. economy to continue to grow...

  • Venezuelan soldiers participate in a parade to celebrate the 195th anniversary of the Battle of Carabobo in Caracas, June 24, 2016.

    As his country's economy implodes around him, Venezuelan strongman Nicolas Maduro has resorted to what may be a last-ditch effort to stay in power.

  • WASHINGTON, July 15- U.S. retail sales rose more than expected in June as Americans bought motor vehicles and a variety of other goods, reinforcing views that economic growth picked up in the second quarter. The upbeat data and a rally on Wall Street could allow the Federal Reserve to raise interest rates later this year. "The Fed will welcome the continued strength...

  • A customer unloads a cart at a cash register at a Costco Wholesale store in Naperville, Illinois.

    Inflation rose for a fourth straight month as Americans paid more for housing, gas and health care, pointing to rising inflation pressures.

  • LONDON/ NEW YORK, July 15- It might seem extraordinary that the developed world could fail to generate enough growth to lift inflation back to target for decades, yet there is mounting evidence this is a real possibility. The steady slide in market gauges for long-term inflation in the United States, Europe and Japan has accelerated since Britain's vote to leave...

  • June retail sales up 0.6 percent

    CNBC's Rick Santelli reports the latest numbers on inflation and consumer prices.

  • India RBI Governor

    The best candidate for policy continuity would be someone from within the Reserve Bank of India, reckons DBS Economist Radhika Rao.

  • *Bank of England unexpectedly holds rates, sterling leaps. NEW YORK, July 14- Two major U.S. stock indexes set fresh intraday record highs on Thursday on investors' rosy outlook for big banks' second-quarter earnings, while European shares also rose and oil prices rebounded from the previous session's bruising losses. The view that the U.S. economy is on solid...

  • *Bank of England unexpectedly holds rates, sterling leaps. NEW YORK, July 14- Two major U.S. stock indexes set fresh intraday record highs on Thursday on investors' rosy outlook for big banks' second-quarter earnings, while European shares also rose and oil prices rebounded from the previous session's bruising losses. The view that the U.S. economy is on solid...

  • LONDON, July 14- Some British businesses have said they are putting investment plans on hold after the country voted to leave the European Union last week and sterling has fallen sharply as financial markets adjust to a weaker economic outlook. A clear picture of the initial impact of the vote on the economy will not be clear until the release of economic data...

  • Assembly at the Ford Flat Rock Assembly Plant in Flat Rock, Michigan.

    The Labor Department said Thursday its producer price index for final demand rose 0.5 percent in June, versus analysts' expectations of 0.3 percent.

  • *Base rate at 1.25 pct. *Rate cut expected in coming months- analysts. SEOUL, July 14- South Korea's central bank left rates unchanged as expected on Thursday, slightly downgrading its growth and inflation forecasts and propping the door open to further easing as it monitors the government's ongoing efforts to craft a supplementary budget.

  • China Market

    The flood in China will impact crop prices and push inflation up, restraining the PBOC's policy options, says Bank of Communications Intl's Hao Hong.