US Labor Department Confuses Analysts With Email on CPI Factor

‘Super users’ received note before BLS tried to retract Jump in rent gauge spurred higher-than-expected inflation The US Labor Department’s statistical agency emailed a group of analysts about a key factor behind the jump in January’s consumer price index before...

Apple’s iPhone Steeply Discounted in China on Weak Demand

Latest price cut is deeper than February discounts a year ago Apple’s sales in China in the past quarter missed estimates Apple Inc.’s resellers in China are slashing the price of iPhone 15 models by as much as $180, signaling an unusually prolonged slump in demand....

BOJ Signals Rate Hike That May Roil Markets Is Getting Closer

Seven of 15 economists see a March policy shift as possible BOJ price target ‘coming into sight,’ board member Takata says The Bank of Japan sent one of the strongest signals yet that the end is near for its negative interest rate policy — an event for which the...

Sweden’s GDP Unexpectedly Shrinks for Third Straight Quarter

Fourth-quarter GDP fell 0.1% on quarter, trailing forecasts Data shows Sweden’s economy is less resilient to rate hikes Sweden’s economy fared worse in the final quarter of last year than seen previously, upending a narrative in which the biggest Nordic nation had...

Malaysia on Brink of Intervention as Ringgit Nears Threshold

Government committed to strengthening the ringgit’s position Central bank may intervene around 4.8 per dollar: State Street Malaysia’s central bank is “always ready” to curb the ringgit’s volatility, a senior finance official said, as investors eye a key threshold in...