Category: PMN Business

Jan 13

U.S. near-term consumer inflation expectations lowest in nearly two years

Breadcrumb Trail Links PMN Business Author of the article: Reuters Lucia Mutikani Published Jan 13, 2023  •  4 minute read Join the conversation Article content WASHINGTON — U.S. consumers are becoming more confident that price pressures will ease considerably over the next 12 months, with a survey on Friday showing their one-year inflation expectations falling […]
Jan 12

Wall St rises in volatile trade as investors assess inflation data

Breadcrumb Trail Links PMN Economy PMN Business Author of the article: Reuters Shubham Batra and Amruta Khandekar Published Jan 12, 2023  •  2 minute read Join the conversation Article content Wall Street’s main indexes rose in choppy trade on Thursday as cooling inflation supported bets of smaller interest rate hikes by the Federal Reserve, though […]
Jan 11

European shares rise on bets of easing rate hikes; Direct Line plunges

Breadcrumb Trail Links PMN Business Author of the article: Reuters Bansari Mayur Kamdar and Shreyashi Sanyal Published Jan 11, 2023  •  2 minute read Join the conversation Article content European shares advanced on Wednesday, buoyed by hopes of less aggressive interest rate hikes, while insurer Direct Line fell sharply after scrapping its full-year dividend. The […]