Consumers' Near-Term Inflation Concerns Remain Steady
A Federal Reserve report finds consumers have a stable short-term inflation outlook but a cautious view for the medium to long term.
Source: pymnts.com
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'Lending to stay tepid while rates are high'
BANK lending to both households and corporate borrowers could remain tepid as long as the Bangko Sentral ng Pilipinas (BSP) keeps key policy rates high, according to US-based Global Source Partners. In a brief, Global Source Partners country analyst Diwa Guinigundo said that due to the high rates, there has…
Source: businessmirror.com.ph
The Week Ahead: Forex Markets Brace for Volatility Amidst Monetary Policy Uncertainty
Service PMIs are in focus for the EUR, GBP, and USD, with the ECB, the Fed, and the PBoC also under the spotlight in the week ahead.
Source: fxempire.com
A 'great comeback' or continued woes for Sri Lanka
At a time when consumer confidence is at its lowest in Sri Lanka since receiving a bailout from the International Monetary Fund (IMF), Donald Lu Assistant Secretary of State for South and Central Asian Affairs claimed that "Sri Lanka was a grea come back story".
Source: tamilguardian.com