RBA cuts GDP, unemployment forecasts and ramps up inflation expectations
admin SYDNEY — The Reserve Bank of Australia has lowered its 2022 unemployment forecast, highlighting the…
Read MoreInflation Figures/Price Indices
Fed’s Mester backs higher interest rates until inflation begins to fade
The president of the Cleveland Federal Reserve said Thursday that the central bank needs to…
Read MoreU.K. recession looms warns Bank of England as it hikes interest rates by most in 27 years
The Bank of England hiked interest rates by the most in 27 years on Thursday…
Read MoreMary Daly: ‘I don’t feel the pain of inflation anymore,’ here’s the full context
Inflation is hurting some Americans more than others — just ask Mary Daly. “‘I don’t…
Read MoreOpinion: Higher prices lead to higher wages, which fuel higher prices. The Fed must break this cycle with aggressive rate increases.
CAMBRIDGE, Mass. (Project Syndicate)—Recent price- and wage-growth data make it increasingly clear that the U.S.…
Read MoreOpinion: The Fed’s inflation promises are simply not credible
With inflation running high for the last 14 months, we can sadly conclude it’s entrenched,…
Read MoreTurkey annual inflation rate reaches nearly 24-year high
Turkey’s annual inflation rate accelerated again in July, marking its highest print since September 1998,…
Read MoreFed’s Bullard says U.S. can conquer high inflation and avoid a recession
The president of the St. Louis Federal Reserve contends the central bank can restore inflation…
Read MoreTop Fed officials say U.S. interest rates to keep rising until high inflation eases
Two top officials at the Federal Reserve on Tuesday said the U.S. central bank needs…
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Opinion: Food inflation remains stubbornly high in U.S. and Europe
The pace at which food prices rise matters not just because it directly impacts household…
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