Prices rose at the slowest rate since before the Ukraine war, as inflation in fuel and food eased.
Category: Inflation (Economics)
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European Central Bank Is Studying A.I. as a New Tool
Artificial intelligence may help policymakers understand inflation and regulate big lenders, the central bank said.
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New York Is Rebounding for the Rich. Nearly Everyone Else Is Struggling.
The huge income gap between rich and poor in Manhattan is the latest sign that the economic recovery from the pandemic has been lopsided in New York City.
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How West Africa Can Reap More Profit From the Global Chocolate Market
Resource-rich countries like Ghana are often cut out of lucrative parts of the business like manufacturing. The “fairchain movement” wants to change that.
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One Casualty of a Shutdown: Government Data
A lapse in funding would delay data on unemployment and inflation as policymakers try to avoid a recession.
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Oil Prices on a March Toward $100 a Barrel
Analysts have raised their forecasts for oil prices, as they try to understand Saudi Arabia’s intentions with recent production cuts.
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U.S. Government Shutdown Is Unlikely to Cause an Immediate Recession
White House and Wall Street estimates suggested the economy could withstand a brief shutdown, with risks mounting the longer it lasts.
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As Fed Battles Inflation, the Dollar Keeps Its Swagger
The U.S. currency has been on a tear, and the Fed’s decision to keep interest rates steady is likely to keep the dollar “higher for longer,” our columnist says.
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Federal Reserve Officials See Rates Staying High
Federal Reserve officials forecast higher interest rates through 2026 this week, a sign that borrowing costs are not heading back to the rock-bottom levels normal before the pandemic.
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Bank of England Keeps Rates Steady for First Time in Nearly Two Years
After 14 consecutive interest rate increases, the central bank’s long fight against persistent inflation in Britain is entering a new phase.
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What to Watch at the Fed’s September Meeting
The Federal Reserve is unlikely to declare victory in its war on inflation. But investors will watch for any hint that rate increases might be over.
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$100 Oil Could Scramble the Fed’s Efforts to Ease Inflation
Goldman Sachs and others are predicting that crude will hit triple-digit prices, a scenario that could impact global economic growth.