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Bank Of England Chief Bailey Signals Further Rate Hikes

Bank of England Governor Andrew Bailey said further increase in the interest rate might be required to achieve the UK inflation target on a sustainable basis. At Brunswick Group's Cost of Living Conference in London, Bailey said, "Some further increase in Bank Rate may turn out to be appropriate, but nothing is decided."
RTTNews | 725 일 전
UK Manufacturing Signals Resilience Amid Easing Supply Bottlenecks, Inflationary Pressures

UK Manufacturing Signals Resilience Amid Easing Supply Bottlenecks, Inflationary Pressures

The British manufacturing sector indicated a resilient performance at the middle of the first quarter as the activity neared stabilization, led by a renewed rise in output on the back of sustained client demand and improved supply chains along with easing inflationary pressures, the final results of the purchasing managers' survey by S&P Global showed Tuesday.
RTTNews | 725 일 전
Wendy's Co. Guides FY22 Adj. EPS In Line; Q4 Results Top Estimates

Wendy's Co. Guides FY22 Adj. EPS In Line; Q4 Results Top Estimates

While reporting financial results for the fourth quarter on Wednesday, The Wendy's Co. (WEN) initiated its adjusted earnings and global systemwide sales growth guidance for the full-year 2023. The company also initiated long term systemwide sales growthoutlook in the mid-single digits for 2024-25.
RTTNews | 725 일 전
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German Unemployment Remains Stable Despite Challenging Conditions

German Unemployment Remains Stable Despite Challenging Conditions

Germany's jobless rate remained stable in February underscoring the strength of the labor market despite strong signs of recession, official data showed Wednesday. The unemployment rate held steady at 5.5 percent in February, the Federal Labor Agency reported. The rate also came in line with expectations.
RTTNews | 725 일 전
Australian, NZ Dollars Higher On Solid China Data

Australian, NZ Dollars Higher On Solid China Data

The Australian and NZ dollars climbed against their major counterparts in the Asian session on Wednesday, as strong factory activity data out of China lifted risk sentiment.
RTTNews | 725 일 전
UK House Prices Log First Fall Since Mid-2020 - Nationwide

UK House Prices Log First Fall Since Mid-2020 - Nationwide

UK house prices registered the first annual fall since June 2020 as squeeze on household income from higher interest rates and inflation damped demand in the property market, data from Nationwide Building Society showed Wednesday. House prices declined 1.1 percent on a yearly basis in February, offsetting the 1.1 percent increase in January. Economists had forecast a 0.9 percent fall.
RTTNews | 725 일 전

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