By Uditha Jayasinghe COLOMBO (Reuters) -Sri Lanka’s central bank held interest rates steady on Tuesday to ensure inflation pressures remain in check as authorities look to foster economic stabil[...]
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May 28, 2024
Toyota showcases compact engines adaptable to different fuels
TOKYO (Reuters) -Toyota Motor showcased next-generation engines on Tuesday that can be used in cars as varied as hybrids and those running on biofuel, as it targets tougher emissions standards and dou[...]
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BOJ’s underlying inflation measures in April all fall below 2%
By Leika Kihara and Takahiko Wada TOKYO (Reuters) – The Bank of Japan’s key measurements of underlying inflation in April all fell below its 2% target for the first time since August 2022,[...]
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Fed’s Mester: Fed statements would benefit from some added length
(Reuters) – Federal Reserve policy statements would benefit from somewhat lengthier passages than currently employed to describe assessments of economic developments, how that influences the cen[...]
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Fed’s Bowman: Would have backed waiting to taper balance sheet run-off
(Reuters) – Federal Reserve Governor Michelle Bowman on Tuesday said she would have supported either waiting to start slowing the run-off in the U.S. central bank’s balance sheet or a more[...]
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Morning Bid: Inflation expectations
A look at the day ahead in European and global markets from Tom Westbrook The European Central Bank publishes inflation expectation surveys on Tuesday, which along with policymaker speeches are the hi[...]
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Japan’s business service prices rise at fastest annual pace since March 2015
TOKYO (Reuters) – Japanese corporate services prices in April rose at their fastest pace since early 2015, Bank of Japan data showed on Tuesday, boosted by labour costs in the services sector in[...]
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Shares nudge higher as US, EU inflation data loom
By Nell Mackenzie LONDON (Reuters) – World shares firmed on Monday as investors braced for a busy run of inflation data that could set the scene for a European rate cut as soon as next week and[...]
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Australia retail sales grow at a snail’s pace in April
By Wayne Cole SYDNEY (Reuters) – Australian retail sales crept higher in April as shoppers stayed frugal in the face of high borrowing costs and rising rents, another sign household spending wil[...]
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