U.K. to See Slowdown in Growth, Higher Inflation Due to Mideast Conflict
U.K.’s leading economic research body has lowered its growth forecast for this year to 0.9% from 1.4%, and raised its […]
Economics
Shoppers are buying less where prices are rising fastest, showing that inflation isn’t being driven by demand but by companies passing on costs
Shoppers are buying less where prices are rising fastest, showing that inflation isn’t being driven by demand but by companies
Bank of Canada to Hold Rates Steady While War Worries Brew
The central bank will likely will keep its main interest rate unchanged Wednesday, but there is growing doubt that officials
U.S. Home Price Growth Slowed in February
U.S. home-price growth slowed in February as affordability pressures shaped home buyer decisions. Source link
Federal Reserve officials are watching how the U.S. economy digests its fourth supply shock in five years—the pandemic reopening, Russia’s invasion of Ukraine, tariffs and now the Middle East
Fed officials are set to hold rates steady this week. The harder question is whether to signal that cuts have
Eurozone Inflation Expectations Jumped in March, But Pay Growth Outlook Unchanged
Households expect consumer prices to rise by 4% over the next 12 months, a jump from the 2.5% seen in
Japan’s Central Bank Makes Hawkish Hold as Board Split Widens
The Bank of Japan extended its rate pause but signaled that hikes are firmly on the table as it raised
Moody’s Upgrades China’s Outlook, Citing Resilience in Face of Challenges
Moody’s Ratings has upgraded China’s credit outlook to stable from negative, citing its economic and fiscal strength to navigate challenges
The Federal Reserve succession drama now comes down to a decision only Jerome Powell can make: Will he give up his seat on the Fed’s board when his chairmanship ends or stay on as a governor?
With Kevin Warsh’s confirmation back on track, the last unresolved question is whether Powell will give up his seat on
German Consumer Sentiment Slumps to Three-Year Low on Iran War Impact
The conflict in the Middle East dimmed income expectations and hopes for a tentative economic rebound this year amid surging