Washington, D.C., Nov 11, 2021 – (ACN Newswire via SEAPRWire.com) – Congress just passed a $1.2 trillion spending package, aimed at mending the US roads …
US Fed announces plan to slow its bond-buying programme
NEW YORK (NYTIMES) – Federal Reserve officials took their first major step towards withdrawing monetary policy support as the economy heals from pandemic disruptions and …
Singapore’s central bank ‘ready to act’ against inflation risks: Ravi Menon
SINGAPORE (BLOOMBERG) – Singapore’s top central banker has said the monetary authority is watching for signs of accelerating inflation and is ready to act, underscoring …
Hyperinflation or just higher inflation? How worried should people be?
SYDNEY (BLOOMBERG) – The surge in costs for everything from fuel to computer chips, to houses and even spinach, has some people fretting over the …
New Zealand inflation surges to fastest pace in 10 years
WELLINGTON (BLOOMBERG)- New Zealand inflation surged to the fastest pace in 10 years in the third quarter, reinforcing bets that the central bank will keep …
MAS tightens Singdollar policy earlier than expected amid rising inflation
SINGAPORE – In a surprise move, Singapore’s central bank tightened its monetary policy on Thursday (Oct 14), saying it expects rising inflation and aims to …
Markets mixed amid inflation concerns, disappointing US jobs report
SYDNEY (BLOOMBERG) – Stocks looked set for a mixed start on Monday (Oct 11) and United States equity futures fell as traders weighed risks to the …
Headwinds mount for world economy into final stretch of 2021
HONG KONG (BLOOMBERG) – The global economy is entering the final quarter of 2021 with a mounting number of headwinds threatening to slow the recovery …
‘Tension’ between jobs, inflation the chief challenge facing US central bank: Fed chief
WASHINGTON (REUTERS) – Resolving “tension” between high inflation and still-elevated unemployment is the most urgent issue facing the Federal Reserve right now, its chairman Jerome …
Asia joins global stock rout as concerns mount over inflation, US debt limit
SYDNEY (BLOOMBERG) – Asia stocks fell at the open on Wednesday (Sept 29) after US stocks saw their worst day since May and bond yields …
United States Federal Reserve officials say tapering is near, advancing discussion on rate hike
NEW YORK (REUTERS) – Two Federal Reserve officials said on Monday that the United States economy is growing rapidly and that while the labour market …
ECB’s Lagarde sees policy change in July, possible 2022 measures
FRANKFURT (BLOOMBERG) – European Central Bank (ECB) president Christine Lagarde told investors to prepare for new guidance on monetary stimulus in 10 days, and signalled …
Fed chief offers more assurances on US economy despite inflation
NEW YORK (AFP) – The United States economy remains on a positive trajectory even as it contends with higher inflation, according to congressional testimony released …
S&P 500 ends choppy session at fresh record
NEW YORK (AFP) – The S&P 500 finished at a fresh record on Friday (June 11), concluding a choppy session on an upbeat note as …
S&P 500 ends at record as US stocks shrug off inflation spike
NEW YORK (AFP) – The S&P 500 finished at a fresh record on Thursday (June 10) as markets took in stride data showing another spike …
5 things to know about inflation
(NYTIMES) – To understand why inflation is so worrying to so many people, you could look at price charts for lumber or used cars or …
South Korea’s inflation hits highest since 2012 as economy recovers
(BLOOMBERG) – South Korea’s inflation rose to its highest since 2012 last month as the economy’s rebound gathered pace and as last year’s drop in prices …
Top US Fed official downplays inflation, warns against acting early
WASHINGTON (AFP) – The current spike in inflation is unlikely to pose a persistent threat to the US economy, and prematurely heeding calls to act …
Asia stocks spooked by US inflation alarm
SYDNEY (REUTERS) – Asian shares faced a third day of losses on Thursday (May 13) after a shocking rise in US inflation bludgeoned Wall Street …
Fed officials aren’t ready to remove supports yet
WASHINGTON (NYTIMES) – US Federal Reserve officials on Tuesday (May 11) stood by their strategy of waiting to see further improvement in the labor market …