Japan’s consumer inflation sticks at 3% in September
admin TOKYO — Japan’s overall consumer inflation rose 3% from a year earlier in September, exceeding…
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Why the housing market should brace for double-digit mortgage rates in 2023
Even if Federal Reserve Chairman Jerome Powell and his cohorts stopped hiking policy rates soon,…
Read MoreSoaring U.S. dollar spikes above key 150 yen level as Japanese currency slides to 32-year low
A strong U.S. dollar continued to bulldoze the Japanese yen Thursday, prompting another threat of…
Read MoreTen-year Treasury yields highest since 2007 as traders price more Fed hikes
Benchmark U.S. bond yields rose to fresh 14-year peaks as investors continued to fret about…
Read MoreIndonesia’s central bank raises rates further in bid to cool inflation
Indonesia’s central bank raised its benchmark interest rate further on Thursday in a bid to…
Read MoreChina’s central bank keeps benchmark lending rates unchanged
China’s central bank on Thursday held the benchmark lending rates unchanged as expected, as the…
Read MoreFed’s Bullard thinks inflation can come down without throwing a wrench in strong labor market
The Federal Reserve can get inflation back down to its 2% target without throwing a…
Read MoreInflation still high but easing Fed’s Beige Book finds, as recession fears grow
Inflation eased a bit in the early fall, a Federal Reserve survey found, but prices…
Read MoreAlly Financial cuts view as it prepares for more auto loans that won’t be repaid
Ally Financial Inc. ALLY, -8.64% on Wednesday missed its third-quarter earnings and revenue targets and…
Read MoreStock-market selloff may mean another 20% drop for S&P 500, says Wall Street veteran
“‘I generally believe that rates are going to continue to go higher and inflation is…
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