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Yellen underlines gradual monetary tightening amid low inflation

USFederalReserveChairJanetYellensaidonTuesdaythatit'sappropriateforthecentralbanktocontinuegraduallytightenitsmonetarypolicyinviewoftheuncertaintiesaroundinflat

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Inflation slump to hit in early 2018: ECB

Inflationintheeurozonewillslumpinearly2018,theEuropeanCentralBankforecastMonday,butreturntoanupwardpathtowardsitstargetlaterintheyear.Pricegrowthcouldfallaslowa

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India: Insufficient rains could lower agriculture output

ByAPDWriterRishikaChauhanNEWDELHI,September16(APD)--Witha40%dropinmonsoonrainsthisyear,expertssuspectafallinfoodcropoutputinthecountry.Accordingtoexperts,thefal

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ECB to start laying groundwork for stimulus exit

EuropeanCentralBankPresidentMarioDraghiissettostartlayingthegroundworkforacutinmonetarystimuluswhenpolicymakersmeetonThursday.AccordingtoReutersreport,itislikel

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UK: One year after the referendum – the economy has not done so badly

Onthe24thJune2016asthereferendumresultsankinmanyanalystsscrambledtoslashgrowthforecastsfortheUK–bothintheimmediateandmoredistantfuture.Afewpredictedanimmediatep

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US inflation remains soft in July, CPI shows

TheUSconsumerpricesremainedsoftforthefifthstraightmonthinJuly,raisingmorequestionsaboutwhetherinflationwilleventuallyrisetohittheFederalReserve’s2percentannualr

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India cuts rates by 25 basis points: central bank

India'scentralbankWednesdaycutinterestratesforthefirsttimeinalmostayear,respondingtoaslowingeconomyandrecordlowinflation.TheReserveBankofIndiasaidthebenchmarkre

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As food prices slump, pressure grows for more India interest rate cuts

A nearly 60 percent drop in prices of a popular type of lentil is hurting Indian farmer Sanjay Somwanshi, but it is doing wonders for the country's inflation - and piling pressure on a stubborn central bank to cut interest rates more aggressively.

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As food prices slump, pressure grows for more India interest rate cuts

Anearly60percentdropinpricesofapopulartypeoflentilishurtingIndianfarmerSanjaySomwanshi,butitisdoingwondersforthecountry'sinflation-andpilingpressureonastubbornc

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ECB survey sees lower inflation, higher GDP growth

Eurozoneinflationmayslowmorethanearlierexpectedinthecomingyearsbuteconomicgrowthandthedropinunemploymentcouldexceedpastprojections,theEuropeanCentralBank'sSurve

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BOJ keeps policy steady, pushes back timing to hit price target

TheBankofJapankeptmonetarypolicysteadyandpushedbackagainthetimingforachievingits2percentinflationtargetonThursday,reinforcingexpectationsitwilllagwellbehindmajo

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U.S. Fed chair says premature to conclude inflation trend falling short of target

U.S. Federal Reserve Chair Janet Yellen said on Thursday that a strong labor market and rising imported prices could support the inflation to go up, while the central bank would pay close attention to inflation developments.

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Eurozone growth ‘higher than previously thought’

Economicgrowthacrossthe19-countryeurozonewasevenhigherthanpreviouslythoughtduringJune,accordingtoacloselywatchedsurveyWednesday,inyetmoreevidenceofmomentuminthe

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Key US inflation measure declines in May

The Federal Reserve's preferred measure of inflation retreated in May, casting further doubt on the chances for another interest rate increase this year, according to Commerce Department data released Friday.

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Euro zone inflation eases less than expected, core measure up

Euro zone inflation eased in June because of more moderate energy price rises, but the slowdown was less than expected by markets and the core measure of price growth the ECB keenly watches increased by more than anticipated.

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Key US inflation measure declines in May

TheFederalReserve'spreferredmeasureofinflationretreatedinMay,castingfurtherdoubtonthechancesforanotherinterestrateincreasethisyear,accordingtoCommerceDepartment

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Euro zone inflation eases less than expected, core measure up

EurozoneinflationeasedinJunebecauseofmoremoderateenergypricerises,buttheslowdownwaslessthanexpectedbymarketsandthecoremeasureofpricegrowththeECBkeenlywatchesinc