WASHINGTON (Reuters) – U.S. consumer confidence was little changed in March as fading fears of a recession took a backseat to growing concerns about the nation’s political environment ahead of …
Expectations
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Inflation Missed Expectations In January. Are We Just Stuck With High Inflation Forever? Will Kessler on February 14, 2024 The Bureau of Labor Statistics announced on Tuesday that inflation increased …
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By Michael S. Derby NEW YORK (Reuters) -Americans reported a fairly stable outlook for inflation at the start of the year, as medium-term expectations settled back to levels last seen …
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By Prerana Bhat BENGALURU (Reuters) – The European Central Bank will reduce interest rates next quarter, according to a Reuters poll, with 45% of respondents saying the reduction in borrowing …
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LONDON (Reuters) – Investors pared back expectations for Bank of England interest rate cuts over the coming year after data on Wednesday showed an unexpected rise in Britain’s rate of …
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TORONTO (Reuters) – Canada’s annual inflation rate rose to 3.4% in December from 3.1% in November, data showed on Tuesday, largely driven by higher gasoline prices. The inflation matched estimates …
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FRANKFURT (Reuters) – Euro zone consumers have slashed their inflation expectations, a European Central Bank survey showed on Tuesday, in comforting news for the ECB’s efforts to contain prices. The …
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SAO PAULO (Reuters) – Industrial production in Brazil rose for the fourth consecutive month in November, data from statistics agency IBGE showed on Friday, exceeding market forecasts even as it …
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BEIJING (Reuters) -China’s central bank made 350 billion yuan ($49.1 billion) in loans to policy banks through its pledged supplementary lending (PSL) facility in December, data showed, fuelling expectations of …
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BRASILIA (Reuters) – Brazil’s central bank stressed on Thursday that despite recent downward surprises in current inflation, expectations for the coming years remain above the official target, reaffirming its intention …
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CAMDEN, NJ – Campbell Soup Company reported a surpassing of Wall Street expectations for quarterly profit on Wednesday. The company’s strategy of increasing prices for its snacks and packaged meals …
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WASHINGTON (Reuters) – U.S. private payrolls increased less than expected in November as the labor market gradually cools. Private payrolls rose by 103,000 jobs last month, the ADP National Employment …
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(Reuters) – J.M. Smucker, which owns Jif peanut butter and Dunkin’ pre-made coffee, beat second-quarter profit expectations on Tuesday, helped by higher product pricing and easing input costs. Shares of …
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FRANKFURT (Reuters) – Inflation expectations among euro zone consumers held steady last month while the outlook for economic growth worsened, the European Central Bank said on Tuesday, based on its …
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LONDON (Reuters) – The downturn in euro zone business activity eased last month but still indicates the bloc’s economy will contract again this quarter as the dominant services industry continues …
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By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of New York President John Williams said Tuesday longer-term inflation expectations have been encouragingly steady, and he welcomed declining …
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(Reuters) – U.S. investors were big buyers of equity funds in the seven days through Nov. 15, spurred by expectations that the Federal Reserve may pause its interest rate hikes …
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(Reuters) – British aerospace supplier Melrose said on Thursday it expected 2023 profit to be 7% higher than its previous expectations, partly driven by stronger aftermarket demand and improved pricing. …
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By Michael S. Derby NEW YORK (Reuters) -The expected path for inflation softened on balance in October amid rising expectations for future gasoline price increases and a largely stable outlook …
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FRANKFURT (Reuters) -Germany’s Commerzbank said on Wednesday that net profit more than tripled in the third quarter, better than expected and helped by higher interest rates, as it presented a …
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(Reuters) – Monster Beverage Corp beat estimates for third-quarter profit on Thursday, helped by higher pricing for its energy drinks and hard seltzers, sending the company’s shares up about 3% …
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By Michael Erman (Reuters) -Merck & Co on Thursday reported higher-than-expected results in the third quarter on surprisingly strong demand for its COVID-19 treatment, primarily in Japan, and raised its …
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By David Gaffen (Reuters) – A broad swath of global industrial and consumer bellwethers reported stronger-than-expected earnings in their most recent quarter, as resilient spending patterns kept profits afloat despite …
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By Supantha Mukherjee STOCKHOLM (Reuters) – Spotify on Tuesday swung to a quarterly profit aided by price hikes in its streaming services and growth in subscribers in all regions, and …
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OTTAWA (Reuters) – Canadian retail sales fell by 0.1% in August from July and look set to stay flat in September, Statistics Canada said on Friday, cementing expectations that the …