US gasoline prices surged to another fresh record, the latest blow to motorists heading into the summer driving season. ...
Biden and Powell will Discuss Inflation and Economic...
President Joe Biden will hold a rare Oval Office meeting on Tuesday with Federal Reserve Chair Jerome Powell amid the hi...
German Inflation keeping alive the ECB discussion on...
The inflation figures increase pressure on the government as households are further squeezed. “Inflation is an enormous ...
New Zealand is Confident in Economy Soft Landing
Paul Conway, the Reserve Bank’s new chief economist, said in an interview Monday in Wellington. “The labor market is str...
US Monetary Policies will Not Weaken the Yen
Bank of Japan Governor Haruhiko Kuroda said interest rate increases by the Federal Reserve won’t necessarily cause the y...
Strong Inflation Could Pressure the ECB to Faster...
The European Central Bank’s debate over how aggressively to tighten monetary policy is likely to intensify this week in ...
Consumers expect prices to rise by about 3%...
US consumers still largely expect the current inflationary shock to be temporary, and for price gains to be low and stab...
Hope is Forming for S&P 500 Investors on...
Dip buyers have been wading back into the market. Stocks have risen in four of five sessions, lifting the index almost 7...
Shanghai Lockdowns had a Profound Impact on Economic...
Shanghai handled fewer currency deals than Beijing in April, to rank second among China’s 36 provinces and municipalitie...