Powell at Jackson Hole, Fed Minutes, Walmart Earnings
Digest more
Inflation, Fed Rate and Raising Hope
Digest more
inflation, Rises
Digest more
While a post-pandemic burst of inflation has abated across much of the developed world, the UK is still stuck with the highest price growth among big Western economies.
Opendoor Technologies has a challenging business model and, on top of that, has executed it poorly. Higher inflation may keep rates elevated, which would work against Opendoor. The company's CEO recently resigned,
6don MSN
Wholesale inflation much hotter than expected in July — throwing possible wrench into rate cut hopes
The Producer Price Index saw its biggest monthly gain since June 2022, the Bureau of Labor Statistics said Thursday.
1don MSN
Sharp rise in airfare and food costs pushed UK inflation higher in July, denting rate cut hopes
Higher food and airfare prices pushed U.K. inflation above expectations in July, official figures showed Wednesday, which has tempered market expectations that the Bank of England will cut interest rates again this year.
Japan's core inflation rate in July likely slowed from the previous month but remained above the Bank of Japan's 2% target, a Reuters poll showed, adding to pressure on the central bank to raise interest rates.
San Diego’s inflation rate was 4% in July — fueled primarily by rising prices for food, medical care and cars — making it highest in the nation.
The BOJ’s cautious hold mirrors the complex picture facing its largest trading partner. The report noted that the US Federal Reserve is maintaining its policy rate at 4.25 to 4.50 per cent amid its own economic shifts.
India's monetary policy committee members flagged evolving risks from global trade tensions and tariffs as a key drag on growth but said the economy remains resilient with the inflation outlook benign,