U.S. labor market still tight; monthly producer inflation accelerates
The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, offering…
Browsing: Markets
Fed Chair Powell was the economic hero of the pandemic recovery. Now America has turned on him as inflation torches wallets.
Federal Reserve Chair Jerome Powell was one of the most celebrated policymakers of 2020. Under…
The Fed’s battle to fight inflation could cause more pain than higher prices
Rapidly rising prices have caused economic hardship for millions of Americans. But drastic action to…
Global central banks told not to panic in face of inflation spike
Central bankers should hold their nerve as they watch the global economic recovery slowing, imbalances…
Inflation fears prompt consumers to run down savings, says Bank
Consumers are starting to run down the savings built up during the pandemic in order…
American wallets are being hammered by inflation- is relief in sight?
Everywhere ordinary Americans turn, it seems, the spectre of inflation haunts their everyday lives. Everything…
US could face more inflation ‘surprises': Fed’s Jerome Powell
The US economy is strong but faces an “uncertain” global environment and could see further…
Why is inflation happening in the US and how can it be stopped?
The United States has been experiencing a period of price increases recently, but President Biden…
U.S. producer prices accelerate amid broadening inflation pressures
U.S. producer prices increased by the most in eight months in January amid a surge…
U.S. imposes sanctions on Russian banks, sovereign debt and elites after Ukraine invasion
President Joe Biden announced a raft of new sanctions against Russia he said would cut…