CHICAGO - The U.S. Federal Reserve’s long-stalled ‘liftoff’ of interest rates may finally get airborne this year as policymakers from Chair Janet Yellen on Friday to regional leaders across the United States signaled that the era of easy money is drawing to a close.
TOKYO - Japan’s core consumer prices rose for the first time in over a year in January thanks to a pickup in energy costs, but a slump in household spending showed why economic growth and inflation have lagged the more ambitious goals set out by policymakers.
LONDON - Britain’s unexpectedly strong economic growth since last June’s Brexit vote may be starting to fade as inflation picks up, according to a major business survey that chimed with notes of caution from several top companies.
SEOUL- South Korea’s inflation slowed slightly in February from the previous month as price pressures stayed largely muted, data showed on Friday, giving the central bank some space to cut rates if needed amid growing economic risks.
TORONTO- Canada’s banks are already seeing the benefits of pro-growth policies pursued by President Trump’s new U.S. administration, executives said, with expectations of tax cuts, lighter regulation and fiscal stimulus boosting market confidence.
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