‘We Still Have an Inflation Problem.’ A Fed Newcomer Wants to Go Slow on Rate Cuts.
The central bank’s recent infusion of financial-market brawn includes Beth Hammack, who worked for three decades at Goldman ...
Will US inflation ever go below 3%?
Reports of the demise of US inflation have been greatly exaggerated. Today on the show, Rob Armstrong and Aiden Reiter ...
Wall Street mostly rises after encouraging inflation data despite Lilly’s drag
Most U.S. stocks rose following an encouraging update on inflation, but drops for Eli Lilly and some other influential stocks ...
Inflation: still quite annoying
Unhedged feels only a little reassurance. We thought inflation was all but beaten four months ago, and were wrong; once burnt, and all that. Despite this good report, however you look at it, core ...
Stock market today: Wall Street mostly rises after encouraging inflation data despite Lilly’s drag
Asian shares are mixed after gains for oil and gas producers helped offset drops for Nvidia and other Big Tech companies on ...
Is US inflation set to rise further?
Economists polled by Reuters expect Wednesday’s US consumer price index to show inflation of 2.8 per cent in December, up from 2.7 per cent a month earlier. They anticipate that core inflation, which ...
Transcript: Israel and Hamas agree ceasefire
Israel and Hamas agreed to pause fighting yesterday and US banks had some good news to report. Plus, inflation in the US and UK is proving to be pretty sticky. But the latest figures offer some hope.
US consumers ‘resilient and strong’ in face of high prices and interest rates
Earlier in the month, warehouse club chain Costco reported a 9.3 per cent year-on-year rise in US same-store sales in December, with the strongest gains coming from non-food departments such as ...
Known unknowns
Yields down, stocks up. After government bonds sold off sharply the week before, buyers were back after favourable inflation prints calmed investors’ nerves in the US and UK in the past week. As far ...
Employment, not prices, will shape Bank of England rates as tax rises bite
The good news is not expected to last as inflation creeps up in the coming months as the rise in employer’s national ...
On hawks, doves and pigeons
Then there are the doves — those who fixate more on maximising employment and output growth while tolerating greater inflation risk. Hawks prefer to keep interest rates high while doves prefer them ...
ErdoÄŸan turns a page in Turkey
President Recep Tayyip Erdoğan of Turkey, who turns 71 next month and is in his third decade as the nation’s leader, has an appetite for power that appears as healthy as ever. On Monday, he declared ...