User: kailas Topic: Economics
Category: Inflation
1 new since Sep 20 2018 20:16 IST RSS 2.0
 
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ECB faces hurdles on long road to normal policy: Weidmann 20.9.2018 Reuters: Money News
The European Central Bank faces hurdles on the way to normalising its monetary policy after years of extraordinary stimulus, ECB policy maker Jens Weidmann said in an interview published on Thursday.
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Turkey Slashes Growth Forecasts in Bid to Cool Inflation 20.9.2018 Wall St. Journal: World
The Turkish government slashed projections for growth over the next several years, signaling that it would seek to cool the country’s debt-fueled economic boom and rein in double-digit inflation.
UK shoppers keep on spending as August retail sales smash forecasts 20.9.2018 Reuters: Money News
British shoppers kept up their strong summer spending spree in August and showed no sign that the approach of Brexit is making them cautious, official data showed on Thursday.
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Japan PM Abe wins extended term, faces Trump trade challenge 20.9.2018 Reuters: Top News
Prime Minister Shinzo Abe won a ruling party leadership vote on Thursday, setting him on track to become Japan's longest-serving premier and try to cement his legacy, including by revising the post-war pacifist constitution.
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Bearish bets remain as edgy investors retreat from risky Asian currencies: Reuters poll 20.9.2018 Reuters: Money News
Bets that most Asian currencies will continue to come under pressure from a strong dollar and the intensifying Sino-U.S. trade war have risen over the last two weeks, a Reuters poll showed.
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German real wages rise despite higher inflation 20.9.2018 Reuters: Money News
German real wages rose in the second quarter despite the highest inflation rate in more than five years, data showed on Thursday, suggesting that household spending will continue to drive growth in Europe's largest economy.
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New Zealand's quarterly growth hits fastest in two years, but challenges loom 20.9.2018 Reuters: Money News
New Zealand's economy grew at its fastest in two years last quarter, a surprise result in a gloomy business climate that could spare the central bank from any need to raise the prospect of a rate cut at its monetary policy meeting at the end of the ...
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BOJ's Kuroda warns of trade perils, echoes Abe on exiting easy policy 19.9.2018 Reuters: Money News
Bank of Japan Governor Haruhiko Kuroda on Wednesday stressed that he won't pull the plug on monetary easing until inflation hits his 2 percent target, warning that escalating international trade disputes could inflict widespread damage to global ...
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Rupee fall temporary, long-term path stable: Top official 19.9.2018 Sify Finance
As the rupee keeps falling to new lows, a top government official on Wednesday said it was a temporary phenomenon and the long-term path for rupee-dollar exchange rate was "quite stable".
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UK inflation hits six-month high of 2.7% 19.9.2018 BBC: Business
The UK inflation rate for August unexpectedly rises to 2.7%, the highest in six months.
Explainer: Why is Japan's monetary policy so unpopular with banks? 19.9.2018 Reuters: Money News
Japan's central bank has been pursuing quantitative easing for the past five years to spur consumption in the world's third largest economy, but its policies have also made it unpopular with banks due to pressure on their earnings.
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Why is Japan's monetary policy so unpopular with banks? 19.9.2018 Reuters: Money News
Japan's central bank has been pursuing quantitative easing for the past five years to spur consumption in the world's third largest economy, but its policies have also made it unpopular with banks due to pressure on their earnings.
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As Iran Sanctions, 2019 Polls Loom, PM Modi's Tightrope Walk On Fuel 18.9.2018 NDTV News - India-news
India's growth monikers -- the world's fastest-growing major economy and the fastest-growing oil user -- might make for good headlines, but when juxtaposed with the less-flattering description of its...
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South Africa not planning mass layoffs in public sector to fight recession: Ramaphosa 17.9.2018 Reuters: World News
South Africa's President Cyril Ramaphosa said on Monday there would be no mass layoffs of public sector workers as his government considers various ways to pull the economy out of a recession that has rattled the rand and investor confidence.
Some Investors Want a Recession in Turkey 17.9.2018 Wall St. Journal: World
For some foreign investors, recession would be the best thing that could happen to Turkey—based on a view that a shrinking economy is one of the few things that could damp high inflation, and that raising interest rates isn’t enough.
UK consumer spending grows at fastest pace since January: Visa 17.9.2018 Reuters: Money News
British consumer spending grew over the three months to August at the fastest pace since January, chiming with other signs the economy has picked up some steam in mid-2018, a survey from payments firm Visa showed on Monday.
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Sudan's newly-appointed finance minister rejects post: SUNA 16.9.2018 Reuters: World News
Abdullah Hamduk, named as finance minister in Sudan's new administration, has formally declined the appointment, state news agency SUNA reported on Saturday.
U.S. retail sales slow, but exhibit underlying strength 14.9.2018 Reuters: Money News
U.S. retail sales recorded their smallest gain in six months in August as consumers cut back on purchases of motor vehicles and clothing, but upward revisions to July data kept intact expectations of strong economic growth in the third ...
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PM Modi Meets Arun Jaitley, Urjit Patel To Take Stock Of Economy 14.9.2018 NDTV News - Top-stories
Prime Minister Narendra Modi Friday began a two-day review of prevailing economic issues including fall in the rupee, rising fuel prices and reforms measures needed to boost growth, official sources...
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U.S. retail sales barely rise; import prices drop 14.9.2018 Reuters: Money News
U.S. retail sales recorded their smallest gain in six months in August as consumers cut back on purchases of motor vehicles and clothing, but upward revisions to July data kept intact expectations of strong economic growth in the third ...
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