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ECB’s Villeroy: Disinflation process is still on track
European Central Bank (ECB) policymaker Francois Villeroy de Galhau said on Wednesday that “disinflation process is still on track.” Additional quotes It is too early to tell but we could expect inflationary effects from new US policies.
Fxstreet
Wed, Jan 22
UPDATE 1-EU's Kallas: Russia is posing an existential threat to our security
Adds details, contextBRUSSELS, Jan 22 (Reuters) - Russia is posing an existential threat to the European Union's security and to only way to address that is to increase spending on defence, EU foreign policy chief Kaja Kallas said on Wednesday, adding that the EU had for too long offered Russia alte...Reuters
Wed, Jan 22
Lagarde speech: No US tariff is what I expected
Speaking in a CNBC interview on the sidelines of the World Economic Forum (WEF) annual meetings in Davos on Wednesday, European Central Bank (ECB) President Christine Lagarade said that “no US tariff is what I expected, a smart approach.” She added that “doesn't mean to say it won't happen, will be more selective.” .Fxstreet
Wed, Jan 22
PRESS DIGEST-British Business - Jan 22
Jan 22 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times- Frasers Group FRAS.L, owned by British retail tycoon Mike Ashley, has failed to oust Boohoo's BOOH.L co-founder M...Reuters
Wed, Jan 22
Japan wage growth gathers steam as reluctant retailers raise pay
Major retailers promise big pay rises to retain workersWage momentum gives BOJ more leeway to raise interest ratesDoubts persist about sustainability, impact of big pay hikesHigher labour costs are eating into retailers' profitsBy Makiko Yamazaki and Kentaro Sugiyama TOKYO, Jan 22 (Reuters) - Jap...Reuters
Wed, Jan 22
RBNZ Sectoral Factor Inflation Model arrives at 3.1% YoY in Q4 2024
The Reserve Bank of New Zealand (RBNZ) published its Sectoral Factor Model Inflation gauge for the fourth quarter of 2024, following the release of the official Consumer Price Index (CPI) by the NZ Stats early Wednesday.
Fxstreet
Wed, Jan 22
Japan’s Rengo agrees with BoJ that there is wage hike momentum in regions
With markets fully pricing in an interest rate hike by the Bank of Japan (BoJ) on Friday, the head of Rengo – Japan’s largest national trade union center said Wednesday that he agrees with the BoJ there is wage hike momentum in Japanese regions.
Fxstreet
Wed, Jan 22
US President Donald Trump says he is discussing 10% tariff on China on February 1
US President Donald Trump said on Tuesday that his administration is discussing imposing a 10% tariff on goods imported from China on February 1 because fentanyl is being sent from China to Mexico and Canada, per Reuters.Fxstreet
Tue, Jan 21
Trump says he is discussing 10% tariff on China on Feb. 1
Jan 21 (Reuters) - U.S. President Donald Trump on Tuesday said his administration is discussing imposing a 10% tariff on goods imported from China on Feb. 1 because fentanyl is being sent from China to Mexico and Canada. (Reporting by Steve Holland; Writing by Ryan Patrick Jones) ((ryan.jones@thoms...Reuters
Tue, Jan 21
New Zealand’s CPI inflation steadies at 2.2% YoY in Q4 vs. 2.1% expected
New Zealand’s Consumer Price Index (CPI) rose 2.2% QoQ in the fourth quarter (Q4) of 2024, compared with the 2.2% increase seen in the third quarter, according to the latest data published by Statistics New Zealand on Wednesday.Fxstreet
Tue, Jan 21
US fiscal path unsustainable despite improved budget forecasts, says DoubleLine
US government debt path unsustainable, says DoubeLine analystCBO's forecasts 'optimistic'Expected tax cuts, high rates, set to worsen budget outlook Bond firm bets long-term Treasury yields will rise furtherBy Davide Barbuscia NEW YORK, Jan 21 (Reuters) - The U.S. sovereign debt profile remains o...Reuters
Tue, Jan 21
