The US has no immediate way to slash the price Americans are paying for gasoline, and is considering other proposals suc...
Russian Oil Ban and China Recovering Could Increase...
Europe’s planned ban on Russian oil imports and the easing of Covid-19 restrictions in China threaten to add a fresh jol...
Stocks Have Bounced Back Pressuring Jerome Powell
Morgan Stanley’s Michael Wilson wrote in a report Tuesday: “The more equity prices rise, the more hawkish the Fed will b...
Record US Gasoline Prices Ahead of Summer Driving...
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 ...