The spring of 2022 was rough for the US economy. Markets plunged while inflation spiked. “Stagflation” was the word of the day, and for a period of time, there was some merit to that outlook. […]
Pound Sterling is still inside the woods as investors are sidelined ahead of inflation data. United Kingdom’s inflation is expected to soften slowly as labor market conditions are extremely tight. The Bank of England is expected to raise […]
LONDON, June 16 (Reuters) – The Bank of England looks set to raise interest rates by a quarter point to a 15-year high of 4.75% on June 22, its 13th straight rate rise as it […]
As consumer price growth continued its slowdown in May, some are asking whether it could mean the American economy is on the rebound. The Bureau of Labor Statistics reported Tuesday that the inflation rate fell to […]
US consumer prices barely rose in May and the annual increase in inflation was the smallest in more than two years, though underlying price pressures remained strong, supporting the view that the Federal Reserve would […]
LONDON/SINGAPORE, June 13 (Reuters) – The Dollar fell slightly on Tuesday as investors awaited U.S. inflation data, while China’s yuan slipped to a six-month low after the central bank lowered a short-term lending rate to […]
The inflation rate cooled in May to its lowest annual rate in about two years, the Labor Department reported Tuesday. The consumer price index, which measures changes in a multitude of goods and services, increased just […]
Central bankers, who once considered obscurity central to their craft, are trying to wean the world from the predictability they’ve nurtured over 15 years of concrete guidance about their intentions and return to a time […]
WASHINGTON, June 8 (Reuters) – The International Monetary Fund on Thursday urged the U.S. Federal Reserve and other global central banks to “stay the course” on monetary policy and remain vigilant in combating inflation. IMF spokesperson Julie […]
LONDON — The U.K. will experience the highest level of inflation among all advanced economies this year, according to data from the Organization for Economic Cooperation and Development. The U.K. is set to report a […]
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