Investors caught off guard as Bank of Canada’s inflation indicator fails Even while the Bank of Canada claimed it was sticking with its core measures, substantial and frequent changes have damaged ...
Global recession danger is increasing as consumer price inflation takes a toll According to surveys released on Tuesday, the probability of a worldwide recession is rising as consumers cut down on purchases ...
China’s consumer rates hike as factory inflation slumps at 17-month decline Although slower domestic building impacted on raw material needs, China's factory-gate inflation dipped to a 17-month trough in July, bucking ...
Inflation strikes U.S. young, low-income individuals’ finances Young and low-income customers are beginning to experience financial strain as high inflation compels Americans to pay more on gasoline ...
As inflation takes a pinch, the U.S. economy moderately recovered in the second quarter As businesses increased exports and kept up a robust pace of equipment expenditure, the U.S. economy allegedly had a modest ...
UK banks to be more accommodating toward borrowers, FCA on duty Lenders in Britain received a stream of letters (3,500) as the country’s Financial Conduct Authority (FCA) reached out to thousands ...
Bank of England aims to print books The Bank of England will publish a book aimed at improving the British public’s understanding of economics later this year. ...
Credit Suisse chairman warns temporary inflation talk Credit Suisse Chairman Antonio Horta-Osorio said that the talking down of speeding inflation as a temporary phenomenon by many central banks ...
Euro zone ministers expect inflation to slow in 2022 The acceleration of euro zone inflation, driven energy prices, is mostly temporary. Then the price growth will slow down again. ...
German inflation could stay above 2% German inflation is likely to accelerate from its already high level. The Bundesbank said in a monthly report, that it will ...