Fed to raise interest rates to 4% next year, Evans says:
reuters.com/markets/us/feds-evans-sees-rates-rising-325-35-by-year-end-2022-08-10/
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| Last Updated | Aug 10 22 |
| Total Articles | 6 |
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European shares dip as U.S. inflation data looms; Ahold jumps: European shares edged lower on Wednesday on losses in technology stocks ahead of key inflation ...
reuters.com/markets/europe/european-shares-open-lower-us-inflation-data-looms-ahold-jumps-2022-08-10/
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European shares dip as U.S. inflation data looms; Ahold jumps: European shares edged lower on Wednesday on losses in technology stocks ahead of key inflation ...
reuters.com/markets/europe/european-shares-open-lower-us-inflation-data-looms-ahold-jumps-2022-08-10/
Big pension increase in the summer but was that it?: Pensions will rise more sharply in July than previously thought. But the increases could shrink ...
hna.de/wirtschaft/grosse-rentenerhoehung-im-sommer-zukunft-rente-inflation-inflationspraemie-rentner-kaufkraft-zr-93032410.html
Chanel CEO Says Price Hikes Driven by Inflation, Craftsmanship: Chanel’s chief executive officer defended the luxury brand’s pricing after it raised the cost of ...
bloomberg.com/news/articles/2024-04-25/chanel-ceo-says-price-hikes-driven-by-inflation-craftsmanship
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Sainsbury’s Expects Retail Profit to Exceed £1 Billion This Year: J Sainsbury Plc expects a big jump in profit this year as the UK supermarket chain pulls in ...
bloomberg.com/news/articles/2024-04-25/sainsbury-s-expects-retail-profit-to-exceed-1-billion-this-year
US growth slowed sharply last quarter to 1.6% pace, reflecting an economy pressured by high rates
bostonherald.com/2024/04/25/us-growth-slowed-sharply-last-quarter-to-1-6-pace-reflecting-an-economy-pressured-by-high-rates/
Quick Glance: Disappointing Q1 Economic Growth and Implications
- The U.S. GDP grew at a rate of 1.6% in the first quarter, falling below expectations due to slower inventory replenishment and weak export growth.
- Despite the disappointing growth last quarter, this could potentially alter the views of Fed officials who were not keen on cutting rates following an upsurge in consumer prices.
- Some analysts believe that the weaker-than-expected report indicates the beginning of a broader economic slowdown.
- The report also highlights the performance of other sectors of the economy, such as the surge in housing construction, business investment growth, slower government spending, and the impact of trade on economic growth.
Federal government raises economic forecast slightly: The German economy is experiencing weak growth - for how much longer? There are increasing signs of ...
fr.de/wirtschaft/bundesregierung-hebt-konjunkturprognose-leicht-an-zr-93030997.html
Quick Glance: CDU Official Demands Halt to Nuclear Power Plant Decommissioning
- A revelation from "Cicero" magazine indicates that the decision for Germany's nuclear phase-out was primarily driven by green anti-nuclear activists, sparking harsh criticism towards Economy Minister Robert Habeck.
- The Economy Ministry refutes the "Cicero" portrayal, emphasizing that decisions were based on transparent and open-ended evaluations.
- The CDU and FDP criticize Habeck, calling for clarification and a reassessment of the nuclear power plant decommissioning.
- Experts and politicians express concerns over potential public misrepresentation and the erosion of trust in the government due to the revelations from the documents.
Central Bank holds key interest rate steady at 50 percent - Türkiye News: As widely expected, Türkiye’s Central Bank has kept its policy rate — the one-week repo ...
hurriyetdailynews.com/central-bank-holds-key-interest-rate-steady-at-50-percent-192815
Unilever beats sales forecast as customers return to brands: Unilever beat first-quarter sales forecasts on Thursday as the maker of Dove soaps and Hellmann's ...
reuters.com/business/retail-consumer/unilever-beats-quarterly-sales-growth-expectations-2024-04-25/
Gradual volume recovery, valuations to support Hindustan Unilever's stock: Hindustan Unilever: The premium portfolio growth across categories was healthy ...
business-standard.com/markets/stock-market-news/gradual-volume-recovery-valuations-to-support-hindustan-unilever-s-stock-124042501184_1.html
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Austria - an expensive country for workers: According to the OECD, Austria places a higher burden on labor income than almost any other country in the world ...
diepresse.com/18406310/oesterreich-ein-teures-land-fuer-arbeitnehmer
Paid articlePaid Turkey Pauses Rate Hikes Ahead of Inflation Peak Near 70%: Turkey’s central bank kept interest rates unchanged, pausing a month after surprising markets with a ...
bloomberg.com/news/articles/2024-04-25/turkey-pauses-rate-hikes-ahead-of-inflation-peaking-at-over-70
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ECB should not only target inflation - France's Macron: The European Central Bank should no longer focus solely on keeping inflation under control ...
euractiv.com/section/economy-jobs/news/ecb-should-not-only-target-inflation-frances-macron/
ECB will need more rate cuts if Fed holds back, says policymaker: Head of Italy’s central bank highlights risk of US stance pushing up global borrowing costs
ft.com/content/0112fe8d-856f-43aa-9bbb-c2106b00b5d6
Commodity prices could keep inflation high, warns World Bank: Sharp falls in commodities are unlikely to continue, says lender, making it harder for central ...
ft.com/content/769c8c79-312a-49d9-9451-a91e1b4a6faf
Vodafone: Customers can now join class action lawsuit over price increase: The price increases for Vodafone's fixed network in 2023 could be ineffective ...
faz.net/aktuell/wirtschaft/vodafone-kunden-koennen-jetzt-bei-sammelklage-wegen-preiserhoehung-mitmachen-19674449.html
Rising costs - Motor vehicle insurers are turning up the price screw: The inflation rate has recently calmed down significantly. But drivers still face ...
insuedthueringen.de/inhalt.steigende-kosten-kfz-versicherer-drehen-an-der-preisschraube.adcbb04f-dfe6-4281-a618-3110f31c08c1.html
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Beauty products push Unilever sales jump: A prolonged period of high inflation has stretched consumer budgets and pushed shoppers to cheaper supermarket brands
businesspost.ie/news/beauty-products-push-unilever-sales-jump/
Paid articlePaid UK lawmakers seek urgent clarity on new post-Brexit border controls: British lawmakers have called on the government to "urgently" clarify what will happen next ...
reuters.com/world/uk/uk-lawmakers-seek-urgent-clarity-new-post-brexit-border-controls-2024-04-25/
Unilever says Lifebuoy and Lux impacted by cost inflation in India: The global consumer major also saw negative price impacts on its fabric cleaning business
business-standard.com/companies/news/unilever-says-lifebuoy-and-lux-impacted-by-cost-inflation-in-india-124042501103_1.html
Normalization expected: Mosa adjusts Edeka Group to falling prices: Edeka is preparing for the post-inflation phase with price cuts, moderate tones towards ...
lebensmittelzeitung.net/handel/nachrichten/ausblick-2024-mosa-stellt-edeka-gruppe-auf-sinkende-preise-ein-177423
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AI? Inflation? Profit From What Everyone Talks About: I advocate for a portfolio that generates income through dividends and interest. Check out two funds that ...
seekingalpha.com/article/4685652-ai-inflation-profit-from-what-everyone-talks-about
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Long-lost Klimt portrait goes under the hammer at Vienna auction : The auction house estimates the painting's value at up to €50 million ...
euronews.com/culture/2024/04/24/long-lost-klimt-portrait-goes-under-the-hammer-at-vienna-auction
Quick Glance: Klimt's 'Portrait of Miss Lieser' Sells for $32 Million Euros at Auction
- Klimt's 'Portrait of Miss Lieser' sells for $32 million euros at auction despite subject's uncertainty.
- The painting depicts a young woman in a turquoise dress and floral gown against a red background.
- The current owners reached a 'fair and just solution' with the legal successors of the Lieser family.
- The painting's history post-Klimt's death and during the Nazi era raises significant questions.
Earlier start to the asparagus season: Since the beginning of April, the familiar white bags have been roaming the sales tables in the Heidekreis again ...
wz-net.de/dorfmark/frueherer-start-spargelsaison-id230261.html
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Iran-Israel war: Impact on the economy and financial markets - Companies - The Jakarta Post
thejakartapost.com/business/2024/04/24/iran-israel-war-impact-on-the-economy-and-financial-markets.html
Drug pricing: Swiss expert calls for more transparency: As more multi-million-dollar drugs come on the market, there are growing calls for transparency on drug ...
swissinfo.ch/eng/multinational-companies/drug-pricing-swiss-expert-calls-for-more-transparency/75398770
Real wages are falling in Switzerland for the third time in a row - but there is one big exception - Zofinger Tagblatt
zofingertagblatt.ch/so-haben-sich-die-loehne-in-der-schweiz-entwickelt/
Consumer gulf widens as demand for premium and budget foods grows: From Nestle to Danone , food companies are seeing shoppers that want either premium or cheaper ...
reuters.com/business/retail-consumer/nestle-misses-quarterly-sales-estimates-2024-04-25/
More and more bankruptcies - also in the region: The reasons for the increasing number of company bankruptcies in the canton of St. Gallen are still the ...
wundo.ch/artikel/immer-mehr-konkurse-auch-in-der-region/
Paid articlePaid How 4% Could Be the New Inflation Target: Whether explicitly or implicitly, central banks look likely to take a more flexible approach in future.
bloomberg.com/news/newsletters/2024-04-24/how-4-could-be-the-new-inflation-target
Local tourism spending in Türkiye more than doubles in 2023: Local spending on tourism in Türkiye more than doubled in 2023, official data showed Wednesday ...
dailysabah.com/business/tourism/local-tourism-spending-in-turkiye-more-than-doubles-in-2023
Why experts say you should lock in a savings rate now – before it’s too late: Saving providers are pulling some of the best deals from the market as they are ...
inews.co.uk/inews-lifestyle/money/saving-and-banking/experts-say-lock-savings-rate-before-too-late-3021995
Ifo business climate rises for the third time in a row: The mood in the German economy has improved significantly for the third time in a row ...
faz.net/aktuell/wirtschaft/mehr-wirtschaft/ifo-geschaeftsklima-steigt-das-dritte-mal-nacheinander-19675081.html
StanChart Tells Clients Craving Oil, Copper to Beware Inflation: Some Standard Chartered Plc clients are increasingly favoring tangible assets like copper and ...
bloomberg.com/news/articles/2024-04-24/stanchart-tells-clients-craving-oil-copper-to-beware-inflation
Iceland’s Inflation Rate Drops to Lowest Level Since 2022: Iceland’s inflation eased to the slowest pace in more than two years, suggesting its central bank is ...
bloomberg.com/news/articles/2024-04-24/iceland-s-inflation-rate-drops-to-lowest-level-since-2022
Paid articlePaid Inflation, War and Expensive Housing: What “Gen Z” Worries Most: Inflation, war and expensive housing - These are the biggest concerns of young people in Germany ...
faz.net/aktuell/gesellschaft/menschen/inflation-krieg-und-teurer-wohnraum-worueber-sich-gen-z-am-meisten-sorgt-19675411.html
Inflation: Private investors lose 1 trillion euros on real estate: Inflation is leaving its mark on the real estate sector. Private investors' assets have fallen ...
businessinsider.de/wirtschaft/finanzen/inflation-privatanleger-machen-1-billion-euro-verlust-mit-immobilien/
Waiver on development and water levies for homebuilders extended: The exemptions were first introduced last year in a bid to stem the impact of construction ...
businesspost.ie/news/waiver-on-development-and-water-levies-for-developers-extended-by-government/
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These banks pay the highest overnight interest rates: Many savings banks and Volksbanks still only pay meager interest on daily and fixed deposits ...
wiwo.de/finanzen/geldanlage/tages-und-festgeld-diese-banken-geizen-bei-den-zinsen/29767786.html
Bundesbank President Nagel: "Could see first rate cut for euro zone in June": The inflation rate has fallen significantly in recent months. If the ECB announces ...
n-tv.de/mediathek/videos/wirtschaft/Koennten-im-Juni-erste-Zinssenkung-fuer-Euroraum-sehen-article24897008.html
Heineken revenues climb to €8.2bn after price hikes: Sales of Heineken alone grew by 12.9%.
irishexaminer.com/business/companies/arid-41381194.html
US economy is doing well: DAX forecast 20,000 points: The German economic weakness is not a global phenomenon. Things could therefore continue to rise on the ...
faz.net/aktuell/finanzen/us-konjunktur-laeuft-dax-prognose-20-000-punkte-19676006.html
Also in Grenchen: This is how an economist saw the watch crisis coming: In the Grenchner watch industry around 1960, everything seemed to be going smoothly ...
solothurnerzeitung.ch/solothurn/grenchen/industrie-geschichte-so-warnte-ein-professor-schon-anfang-der-1960er-jahre-vor-der-uhrenkrise-in-grenchen-ld.2610164
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Dave Myers: Premier Inn explain Cumbria Dave Day price rise: The hotel chain have responded after the cost for a room on June 8 roughly doubled compared to the ...
nwemail.co.uk/news/24271837.dave-myers-premier-inn-explain-cumbria-dave-day-price-rise/
Wiener Linien: 365 euro annual ticket will remain in 2025 despite inflation - Vienna
meinbezirk.at/wien/c-wirtschaft/365-euro-jahreskarte-bleibt-trotz-teuerung-auch-2025_a6655896
Millions invested in Neu-Ulm: Why the Pfersich company is now building a large warehouse
swp.de/lokales/neu-ulm/millioneninvestition-in-neu-ulm-warum-die-firma-pfersich-jetzt-ein-grosslager-baut-73640759.html
Paid articlePaid Investors price in growing chance of another Federal Reserve interest rate rise: While base case remains reduction in borrowing costs, options market shows a 20% ...
ft.com/content/8c5da64b-766e-4993-86f5-aac95342432a
Here's how Gen Z should build their retirement portfolio: Life expectancy is increasing rapidly. That doesn't make a fifty-year pension unlikely - for Gen Z.
businessinsider.de/wirtschaft/international-business/so-sollte-die-gen-z-ihr-portfolio-fuer-den-ruhestand-aufbauen/
Rome bus and metro fare hikes necessary, mayor says: Rome bus, tram and subway ticket price set to rise to €2 this summer.
Rome's mayor on Monday said that ...
wantedinrome.com/news/rome-bus-and-metro-ticket-price-rise-mayor.html
Strrumpfelbach outdoor pool starts in mid-May: Concern about sunbathing lawn and higher prices
zvw.de/lokales/weinstadt/freibad-str%C3%BCmpfelbach-startet-mitte-mai-sorge-um-liegewiese-und-h%C3%B6here-preise_arid-805294
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Travel: Where you can still find cheap flights: Anyone planning a trip this year had better book their flights quickly. Because the tax increases from May ...
zeit.de/geld/2024-04/reisen-guenstig-preiserhoehung-fluege-steuer
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What’s behind the record FTSE 100 high?: Hopes of a UK interest rate cut and easing geopolitical tensions are not the only reasons for the intraday peak reached ...
theguardian.com/business/2024/apr/23/whats-behind-record-ftse-100-high-uk-explainer
Italian agricultural machinery market collapses: Falling farmers' incomes, stricter monetary policy, geopolitical events and inflation are making Italian farmers ...
topagrar.com/technik/news/italienischer-landmaschinenmarkt-eingebrochen-20002430.html
Supermarket deals generate £1.3 billion in savings for shoppers: Grocery price inflation has dropped to 3.2 percent and, with the help of supermarket promotions ...
newfoodmagazine.com/news/229550/supermarket-deals-generate-1-3-billion-in-savings-for-shoppers/
3500 euros for the rag: Also high failure rate for driving license: Fuel costs, inflation and high failure rates: the costs of driving licenses are increasing ...
come-on.de/volmetal/meinerzhagen/ueber-3500-euro-fuer-den-lappen-93028292.html
2024 will be a new record year for sales of electric cars worldwide: Despite high inflation and increased raw material prices and despite canceled subsidies such ...
tageblatt.lu/headlines/2024-wird-neues-rekordjahr-fuer-verkaeufe-von-elektroautos-weltweit/
ECB: The party of cheap money is not coming back: A single interest rate hike is not an announcement from the ECB that high inflation has been defeated ...
profil.at/meinung/ezb-die-party-des-billigen-geldes-kommt-nicht-wieder/402868319
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