Fed seen holding rates steady this week after inflation data
Federal Reserve policymakers were seen as more likely to skip raising interest rates this week, after government data
2023-06-13 20:49
Hot core services summer could spoil the Fed's repose
By Howard Schneider WASHINGTON Hotel executives see no letup in demand even with the Federal Reserve trying to
2023-06-13 18:22
Why is inflation cooling — and why isn't it coming down more
Ahead of May's closely watched Consumer Price Index, set to be released Tuesday morning, economists are expecting yet another month of smaller price increases.
2023-06-13 06:16
Argentina inflation seen speeding up in May, bucking regional trend
By Hernan Nessi BUENOS AIRES Argentina's monthly inflation rate likely sped up to 8.8% in May, according to
2023-06-13 01:52
Giant rubber duck deflated in Hong Kong's harbor amid fierce heat
One of two giant rubber ducks on display in Hong Kong's Victoria Harbor was deflated on Saturday to protect it from sweltering temperatures.
2023-06-11 18:52
Kong Yiji: The memes that lay bare China's youth disillusionment
A short story from 1919 becomes a code word for discontent among jobless graduates.
2023-06-11 06:22
Why do businesses keep raising their prices?
What's behind inflation? Some economists cite pandemic-era supply chain bottlenecks, the war in Ukraine and US economic policies; others corporate greed. But a new survey suggests the strength of customer demand has outsized influence on prices.
2023-06-09 20:23
France strong-arms big food firms into cutting prices
By Benoit Van Overstraeten and Leigh Thomas PARIS (Reuters) -The biggest food industry companies in France have pledged to cut
2023-06-09 19:50
China's factory gate deflation speeds up in May as demand wanes
BEIJING China's factory gate prices fell at the fastest pace in seven years in May and quicker than
2023-06-09 10:55
IMF urges Fed, central banks to keep tightening to reduce inflation
WASHINGTON The International Monetary Fund on Thursday urged the U.S. Federal Reserve and other global central banks to
2023-06-09 00:49
White House hails the end of the supply chain nightmare
White House officials on Thursday hailed the unclogging of supply chains and suggested that further easing of bottlenecks will help cool inflation.
2023-06-08 22:15
Brazil's inflation falls to more than 2-year low amid calls for rate cuts
By Gabriel Araujo SAO PAULO Consumer prices in Brazil decelerated more than expected in May, government data showed
2023-06-08 01:20