Economic

Economic Stories

Will act ‘when and as’ wanted, without reference to election

(Reuters) - U.S. Federal Reserve Chair Jerome Powell on Wednesday said the…

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Social Safety is headed down an unsustainable trail: Strategist

The Social Security doomsday clock is ticking on.“If you’re running a prolonged…

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Powell No longer Ready ‘But’ to Say He’s Assured About Inflation

(Bloomberg) -- Federal Reserve Chair Jerome Powell said he believes inflation is…

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Fed’s Powell says stability sheet drawdown nonetheless has some distance to move

By Howard SchneiderWASHINGTON (Reuters) - The Federal Reserve has "quite a ways…

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Argentina inflation observed rushing up in June, finishing five-month streak

By Hernan NessiBUENOS AIRES (Reuters) - Argentina inflation is expected to have…

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Client costs anticipated to have cooled additional in June, bolstering hopes for Fed price cuts

On Thursday, investors will digest one of the most important data points…

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Gen Z shoppers in the United States depend on oldsters as inflation squeezes budgets, learn about displays

By Makailah Gause(Reuters) - Gen Z adults in the U.S. face increasing…

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Brazil Inflation Undershoots Forecasts After Pause to Price Cuts

(Bloomberg) -- Brazil’s annual inflation rate rose less than expected in June…

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Wall Boulevard up forward of day two of Powell testimony, profits and inflation information

Wall Street leaned toward gains before Wednesday's opening bell coming off another…

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Nigeria Takes on Runaway Meals Inflation With 180-Day Motion Plan

(Bloomberg) -- Nigeria announced a series of measures to curb food inflation…

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Egypt Inflation Shrugs Off Bread Hike in Fourth Month of Easing

(Bloomberg) -- Egyptian inflation slowed for a fourth month in June, shrugging…

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Dozens of Sanctioned Russian Oil Tankers Are Sitting Idle All Over the Global

(Bloomberg) -- From the frigid waters of Russia’s Baltic Sea to the…

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