Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Pantheon's"


9 mentions found


Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAll the things pushing inflation up are fading away, says Pantheon's ShepherdsonIan Shepherdson, Pantheon Macroeconomics chief economist, joins 'Squawk Box' to discuss his thoughts on the economy, government funding that could impact inflation, and much more.
Persons: Pantheon's, Ian Shepherdson Organizations: Macroeconomics
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEU inflation will fall faster-than-expected, says Pantheon's Claus VistesenClaus Vistesen, chief eurozone economist at Pantheon Macroeconomics, joins 'Squawk on the Street' to discuss the implications of the election in the Netherlands, the ECB's rate hike outlook, and more.
Persons: Pantheon's Claus Vistesen Claus Vistesen Organizations: Pantheon Locations: Netherlands
Ancient Roman Pantheon to start charging entry from Monday
  + stars: | 2023-06-30 | by ( ) www.reuters.com   time to read: +2 min
[1/3] People queue to enter Pantheon, one of the ancient world's best preserved monuments which from July will start charging visitors an entry fee in Rome, Italy, June 30, 2023. REUTERS/Guglielmo MangiapaneROME, June 30 (Reuters) - Visitors to Rome's Pantheon, one of the ancient world's best preserved monuments, will have to pay a 5 euro ($5.45) entrance fee from Monday, Italy's tourism ministry has said. It remains the world's largest unreinforced concrete dome and has a circular skylight at its crown. The building survived the Barbarian attacks on Rome and was transformed into a Christian church in 609. ($1 = 0.9168 euros)Reporting by Cristiano Corvino; Editing by Crispian Balmer and Angus MacSwanOur Standards: The Thomson Reuters Trust Principles.
Persons: Guglielmo Mangiapane ROME, Emperor Hadrian, Karsten Kohler, Cristiano Corvino, Crispian Balmer, Angus MacSwan Organizations: REUTERS, UNESCO, Thomson Locations: Rome, Italy
Home prices are set to drop 15% over the next year, according to Pantheon Macroeconomics. That's because rates are likely to remain high, helping push down affordability and demand as a result. Some economists think a housing market recovery could be coming in 2024. US home prices have fallen amid higher mortgage rates over the last year, notching their seventh straight month of declines in January. Mortgage rates touched a 20-year-high in 2022 and have stayed elevated, crimping housing affordability and demand while putting downward pressure on prices.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBank credit is the life blood of small businesses, says Pantheon's SheperdsonIan Shepherdson, founder and chief economist of Pantheon Macroeconomics, joins 'Squawk Box' to discuss how close the bank crisis has brought the U.S. closer to a recession, why this economy is in a credit crunch, and more.
German industrial output falls more than expected in December
  + stars: | 2023-02-07 | by ( ) www.reuters.com   time to read: +2 min
Summary Industrial production fell 3.1% on month, 0.7% decline expectedProduction in energy-intensive sectors fell 6.1%Economic slowdown in winter expected to be mild - ministryBERLIN, Feb 7 (Reuters) - German industrial production fell more than expected in December, driven by a plunge in output from energy-intensive sectors, the federal statistics office said on Tuesday. The drop was more severe in energy-intensive industrial sectors, where production decreased by 6.1% in December compared with November. "MISERABLE END TO 2022"For 2022 as a whole, German industrial production was 0.6% lower in calendar-adjusted terms than in 2021 and down 5.0% from the pre-pandemic year of 2019. According to Pantheon's estimates, German industrial production fell by 0.7% in the fourth quarter. While industrial production fell in December, German industrial orders rose by 3.2%, beating forecasts and posting the biggest increase in more than a year thanks to strong domestic and eurozone demand, data showed on Monday.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestor skepticism grows on Fed reaching rate goal, says Pantheon's Ian ShepherdsonIan Shepherdson, Pantheon Macroeconomics, joins 'The Exchange' to discuss the Fed, rate hikes and the economy.
A "deep recession" in the housing market may lead the Fed to hike rates by less than expected in November, said Pantheon Macroeconomics. The Fed may opt to raise rates by 50 basis points instead of 75 basis points, which is what investors were widely pricing in. Still, the housing market is in a "deep recession," and the pain will spread beyond homebuilders soon to depress housing-related retail sales, he warned. The Fed has raised interest rates four times in 2022, leading 30-year mortgage rates to rise above 6% for the first time since 2008. The rate of the Housing Market Index's decline has slowed in recent months but the latest report likely doesn't mark the floor, said Shepherdson.
Higher-than-expected inflation in August means the Fed will likely back another jumbo-sized rate hike next week. Rate increases have already made mortgages, car loans, and credit cards much pricier for Americans. Fed officials have been clear that they'll only pull back on their rate hikes once they see "compelling evidence" that inflation is slowing down. And since it usually takes around one year for rate hikes to be fully felt throughout the economy, those tightening effects are set to only get more intense. Fed officials have also made it clear that they want to avoid the biggest risks that come with monetary tightening.
Total: 9