ECONOMY & MARKETS

Goods, Services Boost U.S. Producer Prices In January

Container trucks , ships and cranes are shown at the Port of Long Beach as supply chain problem continue from Long Beach, California, U.S. November 22, 2021.
U.S. producer prices increased by the most in eight months in January amid a surge in the cost of hospital outpatient care and goods such as food and motor vehicles, another sign that high inflation could persist through much of this year.
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A screen shows Nikkei index after a ceremony marking the end of trading in 2021 at the Tokyo Stock Exchange (TSE) in Tokyo, Japan December 30, 2021.

Stocks Rally, Oil Slips As Russia-Ukraine Tensions Ease

Stocks on Wall Street and in Europe rebounded on Tuesday while oil prices fell after Russia indicated it was withdrawing some troops from exercises near Ukraine and President Vladimir Putin said he saw room for further discussion with the West.
The European Central Bank (ECB) logo in Frankfurt, Germany, January 23, 2020.

ECB To Raise Deposit Rate To -0.25% By Year-end- Reuters Poll

The European Central Bank will raise its deposit rate in the second half of this year, and not wait until 2023 as previously expected, according to a Reuters poll of economists who also sharply upgraded their inflation forecasts for this year.
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G20 To Warn On Spillover From Monetary Tightening-document

Emerging markets must brace for monetary tightening in the United States and Europe while central banks must be clearer in their policy communication to avoid confusion, financial leaders of the world's 20 biggest economies are likely to warn this week.

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