It was only on Tuesday that in an otherwise upbeat assessment of the UK economy, the International Monetary Fund warned of “premature celebration” of sharp falls in the main rate of inflation. There are two […]
While the risk of a default that could precipitate a recession is bad for the United States, investors worried about the repercussions for the global economy have turned away from riskier assets World stocks dropped […]
ORLANDO, Florida, May 23 (Reuters) – A key market-based measure of U.S. inflation expectations is back at 2%, suggesting bond investors, at least, are confident the Federal Reserve’s 500 basis points of interest rate hikes […]
LONDON (AP) — The British economy will avoid falling into recession this year, according to upgraded growth forecasts Tuesday from the International Monetary Fund. In its latest assessment of the U.K. economy, the Washington-based fund said domestic […]
Global equity markets jumped while gold dropped in the past week on growing hopes of a deal in Washington to raise the debt ceiling to avoid a catastrophic default. However, some of the optimism scaled back after […]
Combined with tightening credit for construction lending, which we expect will soon be realized by a slower new project pipeline, we are expecting a significant slowdown in starts later this year,” wrote Fannie Mae economists […]
It’s something economists have expected for months: Consumers are becoming skittish as rising prices and high interest rates put pressure on their wallets. New government data and earnings reports indicate that more Americans are being strategic — hunting for […]
Wholesale prices in the United States are decelerating–the latest sign that inflationary pressures may be easing more than a year after the Federal Reserve started increasing interest rates. This is good news for American consumers. […]
As China’s consumer price index (CPI) approached zero growth in April, the numbers stood in sharp contrast to those of the United States, where inflation remained at a relatively high level of 4.9 per cent and […]
NEW YORK, United States — Stock markets were mixed on Friday as traders weighed a range of issues, including US debt-ceiling hopes, expected central bank calculations and more signs of a slowing economy. Investors hoping […]
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