Analysis: The pain of food inflation puts emerging markets between a rock and a hard place

Food accounts for 40% of IPC baskets in low-income countries UN food price index hits record high in February and March More governments choose to introduce support measures Risk of social unrest is rising over food, fuel prices are rising LONDON/ISTANBUL/CAIRO, May 17 (Reuters) – Like millions of people in developing and emerging countries around … Read more

The US labor market continues to tighten; moderate increases in producer prices

An ‘Apply Now’ sign sits outside the new Faccia Brutta Bar Pallino seeking to hire employees on Newbury Street in Boston, Massachusetts, U.S., April 27, 2022. REUTERS/Brian Snyder Join now for FREE unlimited access to Register Weekly jobless claims rise by 1,000 to 203,000 Continuing claims drop 44,000 to 1.343 million Producer prices increase … Read more

Analysis: The pain is not over for the US bond market, but some see yields approaching their highs

An eagle tops the facade of the Federal Reserve Building in Washington, July 31, 2013. REUTERS/Jonathan Ernst Join now for FREE unlimited access to Register NEW YORK, May 10 (Reuters) – Interest rate jitters continue to hammer the U.S. bond market, but some investors are beginning to speculate that a possible easing in price … Read more

CPI, PPI: markets watch for signs of a spike in inflation in the United States

NEW YORK, May 10 (Reuters) – In the wake of an increasingly hawkish Federal Reserve hike in interest rates by 50 basis points, markets turned sharply ahead of this week’s U.S. economic data, which will be closely monitored for signs of inflation. I speak. Price growth soared to its highest level since the early 1980s … Read more

Analysis: S&P 500 bear market whispers intensify as U.S. stocks decline continues

NEW YORK, May 9 (Reuters) – Expectations of a hawkish Federal Reserve are clouding Wall Street’s outlook for stocks, with some investors now bracing for a potential bear market in the benchmark S&P 500 index. A bear market — often seen as a drop of 20% or more from a high — would mark the … Read more

From coffee to ketchup, retailers seek price ‘shields’ as inflation runs amok

LONDON/NEW YORK, May 4 (Reuters) – As shoppers pay more for everything from coffee to ketchup, some retailers have begun slashing or capping the price of hundreds of products as they vie for customers and prepare to battle it out in negotiations with major packaged food manufacturers. Eurostat said on Friday that eurozone inflation for … Read more

US manufacturing slows further; factory workers quit

An employee works on an assembly line at the electric vehicle factory of startup Rivian Automotive in Normal, Illinois, U.S., April 11, 2022. Picture taken April 11, 2022. REUTERS/Kamil Krzaczynski Join now for FREE unlimited access to Register ISM manufacturing index drops to 55.4 in March Manufacturers report rise in workers quitting Mixed signals … Read more

Hope fades for Japan’s ‘revenge spending’ mania as inflation looms

People wearing protective face masks, amid the coronavirus disease (COVID-19) outbreak, walk to a shopping district in Tokyo, Japan, March 16, 2022. REUTERS/Kim Kyung-Hoon Join now for FREE unlimited access to Register TOKYO, May 2 (Reuters) – Japanese mother-of-three Maiko Takahashi has never been one to pinch pennies or accept gifts for her children, … Read more

China pledges economic support to boost markets

People wearing face masks walk past a street amid snowfall, following the outbreak of the coronavirus disease (COVID-19), at a shopping area in Beijing, China March 17, 2022. REUTERS/Tingshu Wang Join now for FREE unlimited access to Register Will accelerate policy adjustments to stable growth, says politburo Coronavirus, events in Ukraine contributed to economic … Read more