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FTSE 100 Declines As Rate Cut Hopes Fade

FTSE 100 Declines As Rate Cut Hopes Fade

U.K. stocks slipped into the red on Thursday after Bank of England (BoE) policymaker Megan Greene said interest rate cuts in the U.K. should be a way off" and that Britain has a higher risk of persistent inflation than the U.S.
RTTNews | 519 gün önce
Potato Salad, Ice Cream Sandwiches & Gelato Recalled For Undeclared Allergens

Potato Salad, Ice Cream Sandwiches & Gelato Recalled For Undeclared Allergens

The U.S. Food and Drug Administration announced recalls of Kowalski Simply Sides - Jack's Potato Salad by Hamtramck, Michigan-based Home Style Foods, Inc. as well as Ice Cream Sandwiches and Gelato by Fort Myers, Florida-based Belgian Yummies, citing undeclared allergens. Kowalski Simply Sides - Jack's Potato Salad may contain undeclared egg...
RTTNews | 519 gün önce
DAX Edges Lower Ahead Of ECB Decision

DAX Edges Lower Ahead Of ECB Decision

German stocks edged down slightly on Thursday as investors looked ahead to a monetary policy decision by the European Central Bank and remarks by president Christine Lagarde for clues on the timeline for interest-rate cuts.
RTTNews | 519 gün önce
China Inflation Eases More Than Expected; Producer Prices Fall Further

China Inflation Eases More Than Expected; Producer Prices Fall Further

China's consumer price inflation slowed more than expected in March and producer prices continued to decline, reflecting the existence of deep deflationary pressures. The consumer price index gained only 0.1 percent on a yearly basis in March, the National Bureau of Statistics said Thursday. This was slower than the 0.7 percent rise in February and also weaker than economists' forecast.
RTTNews | 519 gün önce
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European Economic News Preview: ECB Policy Decision Due

European Economic News Preview: ECB Policy Decision Due

The monetary policy announcement from the European Central Bank is the top event due on Thursday. The ECB is widely expected to keep its main refinancing rate unchanged at 4.50 percent today. Markets anticipate first rate cut in June as policymakers await to see fresh round of staff projections, GDP growth and wage growth figures for the first quarter.
RTTNews | 519 gün önce
Oregon Spice, Baron Spices Recall Seasonings For Undeclared Allergens

Oregon Spice, Baron Spices Recall Seasonings For Undeclared Allergens

Portland, Oregon-based Oregon Spice Co. and St. Louis, Missouri-based Baron Spices, Inc. are recalling select seasonings citing undeclared allergens, according to the U.S. Food and Drug Administration. Oregon Spice's Johnny's Parmesan Garlic Seasoning 5oz may contain undeclared sesame, while Baron Spices' Blues Hog Sweet & Savory Seasoning is likely to contain undeclared soy and wheat.
RTTNews | 519 gün önce
Asian Markets Track Wall Street Lower

Asian Markets Track Wall Street Lower

Following the broadly negative cues from Wall Street overnight, Asian stock markets are trading mostly lower on Thursday, amid fading hopes of an interest rate cut anytime soon by the US Fed after latest data showed a bigger than expected increase in U.S. consumer price inflation in March. The inflation data also caused a surge in treasury yields. Asian Markets closed mixed on Wednesday.
RTTNews | 519 gün önce

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