Economy Despite higher interest rates, the OECD sees the global economy avoiding recession in 2023 Source link Source link
Read MoreTag: inflation figures
Inflation is souring the holiday season, a crucial time when companies, charities and nonprofits typically collect their biggest haul of the year. “I can’t give the way I want to this year.” Source link Source link
Read MoreTweaking the famous “Misery Index” may help it better fit political events. Source link Source link
Read MoreEconomy U.S. Economy Shoppers faced higher prices in October while inflation, still elevated, eased from the summer’s 40-year high Source link Source link
Read MoreKANSAS CITY, Mo.— Inflation is at risk of growing entrenched in the economy due to an overheated job market, and that will make it increasingly difficult for the Federal Reserve to bring inflation down without a recession, a central bank official said in an interview. “I’m looking at a labor market that is so tight, […]
Read MoreConsumer prices were 11.1% higher than a year earlier, but a price cap on energy and a looming recession means any further increases to inflation in coming months are set to be more modest. Source link Source link
Read MoreEconomy U.S. Economy Producer-price index gains have moderated in recent months Source link Source link
Read MoreInflation eased last month to the slowest pace since January but remained high, which could keep Federal Reserve officials on track to start slowing the pace of interest-rate rises aimed at taming price pressures. The Labor Department on Thursday said that its consumer-price index increased 7.7% in October from the same month a year ago, […]
Read MoreEconomy Economic Data Prices for alcohol, restaurants rose while electronics, beef costs dropped, according to October statistics Source link Source link
Read MoreEconomy U.S. Economy Consumer-price increases have eased in recent months but inflation remains near a four-decade high Source link Source link
Read MoreEconomy Capital Account Though Republicans blame President Biden’s policies, inflation has deeper roots, as reflected in high price pressures and tight job markets worldwide Source link Source link
Read MoreWorld Europe Economists fear high inflation and rising interest rates will make it harder for the continent to spend its way out of this downturn Source link Source link
Read MoreWorld Asia China Consumer-price inflation also slowed to a five-month low, a reflection of the economic toll from Covid restrictions and a real-estate slide Source link Source link
Read MoreEconomy Central bank identifies near-term threats in Financial Stability Report Source link Source link
Read MoreMarkets Treasurys Federal Reserve Chairman Jerome Powell warned it is too soon to think about a pause in inflation fight Source link Source link
Read MoreEconomy U.S. Economy Officials signal a possible slowdown in the pace of rate rises by acknowledging how increases influence the economy with a lag Source link Source link
Read MoreEconomy Capital Account Expect to hear more about the ‘fiscal theory of the price level’ as governments struggle with both rising debt and inflation Source link Source link
Read MoreThe annual rate of consumer-price inflation in the eurozone increased to double digits in October, reaching a record and highlighting the challenges facing the European Central Bank. Source link Source link
Read MoreFederal Reserve officials worry that rising wages will lock the economy into a high-inflation regime. The question facing policy makers is how much of a risk of that happening there actually is. Fed policy makers seem all but certain to raise their target range on overnight rates by three-quarters of a percentage point when they […]
Read MoreMonday The European Union’s statistics agency releases third-quarter gross-domestic product information and the October consumer-price index. The 19-nation eurozone faces an uncertain outlook from the war in Ukraine and is struggling with high inflation. Tuesday The Labor Department releases September figures on job openings, hires, quits and layoffs. Job openings fell 10% in August to […]
Read MoreWages and prices continued to rise rapidly in the late summer, keeping the Federal Reserve on track for more interest-rate increases as it attempts to cool economic growth and bring down high inflation. The latest figures add to a picture of an economy losing some momentum but still growing as the labor market, consumer spending […]
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