New Zealand’s history of inflation, recessions and unemployment offer clues to what might happen next. Coupled with global ...
The core rate excluding volatile food and energy is also penciled in at 2.6% ... and a firming recovery in the latter. Meanwhile, the inflation picture is diverging in the opposite direction. Eurozone ...
Rolling coverage of the latest economic and financial news. 16:17 Today’s speech by Bank of England chief ...
Rolling coverage of the latest economic and financial news ...
Market Roundup Canada Feb Foreign Securities Purchases by Canadians 24.19B, -7.59B previous Canada Feb Foreign Securities Purchases -8.78B,10.10Bforecast,8.88B previous US Gasoline Production-0.025M, ...
City investors trim their forecasts for rate cuts this year, after inflation falls by less than expected to 3.2%. 14:56 Over in Washington, my colleague Larry Elliott has asked the IMF ...
The 10-year U.S. Treasury-German Bund yield spread rose above 220 basis points, a level last seen in 2015-2019, when the Fed was raising interest rates while the ECB was cutting rates and running ...
Rolling coverage of the latest economic and financial news, as Brent crude dips to $90 per barrel but Wall Street set to open ...
The trouble is that an extended period of higher rates could be very damaging because there’s so much debt in the system. In ...
Gold prices retreated from their record highs on Wednesday as the U.S. dollar strengthened and Treasury yields rose. This movement came in response to a robust inflation report, which tempered ...
U.S. electricity and gasoline prices increased sharply in March, with electricity up 0.9% and gasoline up 1.7%, leading the energy sector to far outpace broader inflation for the month ...
Energy prices have shot up by more than a third since President Biden assumed office in 2021 as stubborn inflation continues to tax Americans. The Labor Department's new Consumer Price Index ...