inflation

Business News

European shares slip as Fed officials focus on inflation

European equities edged lower on Wednesday after hawkish comments from the US Federal Reserve clouded market expectations that an economic…

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Business News

West eases efforts to restrict Russian oil trading as inflation and energy fears grow

European governments have eased back on efforts to curb trade in Russian oil, delaying a plan to shut Moscow out…

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Business News

Bill Gates was among a ‘wide range’ of CEOs and labor bosses who lobbied to change Manchin’s mind on the Inflation Reduction Act: report

Bill Gates was among those who lobbied US Sen. Joe Manchin—a frequent key Democratic holdout—to support an economic package focusing…

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World News

Inflation and an energy crunch, what’s next for Europe’s economy? | Business and Economy

From: Counting the Cost The European Central Bank raises interest rates for the first time in more than a decade.…

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World News

Top economic takeaways as US wrangles with recession fears | Inflation News

Back-to-back GDP slowdown, Fed doubling down, a cooling jobs market, red-hot prices and tech’s big bang, here are the main…

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Business News

Central bankers have been incompetent for decades and inflation is our ‘big hangover’, well-known financial historian says

Who or what is responsible for the rampant inflation plaguing the global economy? President Biden has argued that the key…

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World News

US consumer spending rises in June as inflation takes a bigger bite Business and Economy News

US consumer spending barely rose in June after falling in the previous month, underscoring how decades-high inflation has eroded Americans’…

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World News

Spain inflation highest since 1984; new record for eurozone area | Inflation News

European countries facing inflation surge due to fallout from war in Ukraine and reopening of economies after lockdowns. Spanish consumer…

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World News

Some Asian economies need rapid rate hikes to cool inflation: IMF | International Monetary Fund

The IMF director for Asia and the Pacific says rapid increases are needed to prevent an “upward spiral” in inflation.…

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Business News

Larry Summers was partially behind Sen. Joe Manchin’s support of the Inflation Reduction Act

In an unexpected turn of events, Sen. Joe Manchin (DW.Va.) announced on Wednesday that he’d reached an agreement with Senate…

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