La actividad económica brasileña supera las expectativas en abril

BRASILIA, 16 jun (Reuters) -La actividad económica de Brasil arrancó el segundo trimestre con un impulso mayor de lo esperado, mostró el viernes un índice del Banco Central, tras las sorpresas positivas de los tres primeros meses, impulsadas en gran medida por el sector agrícola. El índice de actividad económica IBC-BR, un indicador clave del …

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Fed’s Barkin says “comfortable doing more” if inflation does not fall

By Howard Schneider WASHINGTON (Reuters) – Richmond Federal Reserve president Thomas Barkin said Friday he is comfortable with further interest rate increases if coming data does not show that weakening demand for goods and services is feeding through to slower inflation. “I am still looking to be convinced of the plausible story that slowing demand …

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VW masters dry-coating battery process with potential to slash cell costs

BERLIN (Reuters) – Volkswagen and a technology partner have mastered a battery manufacturing process called dry coating which if scaled up could cut the cost of cell production by hundreds of millions of euros a year, its battery chief said on Friday. The carmaker, which is working with printing press manufacturer Koenig & Bauer AG …

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Turkey’s central bank to hike policy rate to 20% in policy U-turn: Reuters poll

By Ali Kucukgocmen and Ezgi Erkoyun ISTANBUL (Reuters) – Turkey’s central bank is expected to raise its policy rate by a huge 1,150 basis points next week, from 8.5% to 20%, a Reuters poll showed on Friday, in a policy U-turn after rate cuts under President Tayyip Erdogan led to a cost-of-living crisis. The central …

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Waller de la Fed dice que no está claro que quiebras bancarias afectaran al endurecimiento del crédito

Por Howard Schneider WASHINGTON, 16 jun (Reuters) – Los cambios en las condiciones crediticias desde la quiebra del Silicon Valley Bank a principios de marzo están “en línea” con el endurecimiento financiero de la Reserva Federal que ya estaba en marcha, dijo el viernes el gobernador de la entidad, Christopher Waller. “Aunque las condiciones de …

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BOJ to weigh pros and cons of its tool-kit in review -governor

By Leika Kihara TOKYO (Reuters) -The Bank of Japan will scrutinise the effects and side-effects of its unconventional monetary policy tools deployed during a 25-year battle with deflation in a scheduled long-term review, Governor Kazuo Ueda said on Friday. Japan’s bitter memories of its decades-long battle with deflation hang heavily over the central bank’s deliberations …

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ECB’s Centeno: international market price falls yet to reach consumers

By Sergio Goncalves LISBON (Reuters) -Declines in the international market prices of raw materials, energy and foods will need to start making their mark on consumer goods or interest rates will have to be raised further, ECB Governing Council member Mario Centeno said on Friday. “The overwhelming majority of inflationary shocks, if not all, have …

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