How long before somebody raises the possibility of a...rate hike? Enda
How long before somebody raises the possibility of a...rate hike? Enda
Consumer association Consumentenbond is taking the Albert Heijn supermarket group to court to find out more about cash register mistakes which have led to shoppers paying more than they should. The association’s research shows that AH, Jumbo and Plus receipts are often likely to be wrong when checked against the prices of goods in the stores. In 2023, the association said it wanted compensation for consumers who have for years put up with the mistakes, unbeknown to them. Albert Heijn has been
'All Bets Are Off' - Market-Mayhem After Consumer Prices Crush Dovish-Dreams Borrowing a phrase from one of our favorite movies "all bets are off" after this morning's hot-hot-hot CPI print The fourth hotter-than-expected core inflation report in a row got investors reevaluating expectations around the Fed's first rate cut Source: Bloomberg Goldman's Diana Asatryan noted that their Research group pushed its first rate cut forecast to July from June, expecting two cuts this...
The latest Fox News poll shows 64% of Americans think their taxes are too high. But don’t they know that “taxes are the price we pay for civilized society,” in the words of Supreme Court Justice Oliver Wendell Holmes?
Over the past few weeks, the naira has undergone a dramatic turnaround, appreciating from a record low of around N1,900/dollar read more Naira soars, prices stall: Why relief for Nigerian consumers is slow!
Markets Suffer Conniptions Ahead Of Crucial Consumer Price Print Weird day no macro, no FedSpeak, no notable geopolitical malarkey and yet, markets had a conniption (early on) VIX spiked up, modestly reminiscent of last Thursday's manic episode (but we note that the market is implying just a +/-0.8/0.9% implied move in the S&P 500 to tomorrow's close) Source: Bloomberg Stocks puked early (and dip-buyers stepped in). With around 30 mins left in the day Fed's Bostic said some...
The consumer price index in March was expected to increase 3.4% from a year ago, according to the Dow Jones consensus estimate.
Inflation likely remained elevated once again for the month of March, adding another round of price increases to Americans' already-strained wallets. On paper, the U.S. economy looks solid. The unemployment rate has now remained below 4% for the longest stretch since the 1960s. Stocks are at all-time highs. The economy continues to add jobs. But since the start of the pandemic, Americans have seen average prices increase more than 20% overall — giving people a sense that the cost of many...
The federal leader of the New Democrats spent Monday insisting his party's position on carbon pricing remains unchanged. But Jagmeet Singh refused to say explicitly whether he supports the consumer levy, and Canadians having to pay it on everyday items like gasoline. "Our position is not changed — at all," he told reporters. "We absolutely support a price on pollution. We've always supported it." Singh faced reporters for the first time since a speech last week at the annual Progress...
China’s inflation rate slowed in March, official data showed Thursday, as policymakers struggle to jumpstart persistently low spending in the world’s second-largest economy. The consumer price index (CPI) last month edged up by 0.1 percent year-on-year, according to the National Bureau of Statistics (NBS), below the 0.4 percent gain forecast by a Bloomberg poll of […]
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — An eagerly awaited report Wednesday on consumer prices will show whether inflation is still easing, a trend the Federal Reserve will weigh in deciding when and by how much — or even whether — to cut interest rates this year. The March inflation figures are expected