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Global Commodity Prices Level Off, Hurting Prospects for Lower Inflation

Global commodity prices are leveling off after a steep descent that played a decisive role in whittling down overall inflation last year, which could make it harder for central banks to cut interest rates quickly, according to the World Bank’s latest Commodity Markets Outlook.

World bankDistrict of columbiaUnited statesIndermit gillAyhan koseWorld bank groupWorld bank group deputyProspects groupCommodity marketsMiddle eastChief economistSenior viceDeputy chief economist

California home prices climb higher, but sales stall

Sales of existing single-family homes in California dipped in March as mortgage rates once again edged higher, according to new data from the California Association of Realtors. After two consecutive months of double-digit increases, statewide home sales fell by 7.8% month over month and were down 4.4% percent from March 2023 on a seasonally adjusted […]

United statesSan francisco bayCentral valleyFreddie macLos angelesOscar weiFederal reserveCalifornia association of realtorsCalifornia associationSan francisco bay areaGolden stateCentral coastSouthern californiaMedian sold priceExisting single familyDeputy chief economist

Manufacturing sales to slightly decline, margins improve this year, according to FCC Food & Beverage Report

A change in consumer spending habits, lower commodity prices, and inflation all factor into Farm Credit Canada's outlook for Food & Beverage manufacturers. In their annual Food & Beverage Report, FCC is forecasting a slight drop of 1.4 percent in manufacturing sales this year to $162.6-m

Desmond soboolFarm credit canadaBeverage reportDeputy chief economist

Manufacturing sales to slightly decline, margins improve this year, according to FCC Food & Beverage Report

Manufacturing sales to slightly decline, margins improve this year, according to FCC Food & Beverage Report
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Desmond soboolFarm credit canadaBeverage reportDeputy chief economist

M Ayhan Kose

M Ayhan Kose
worldbank.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from worldbank.org Daily Mail and Mail on Sunday newspapers.

United statesAyhan koseBrandeis international business schoolEconomic policy researchUniversity of chicago booth school businessBilkent universityBrookings institutionUniversity of iowaResearch departmentTippie college of businessInternational economicInternational monetary fundEconomist of the world bank groupJournal of development economicsWorld bankMultilateral surveillance division