US Consumer Borrowing Rises at Slowest Pace Since Late 2020
US consumer borrowing slowed to a more than two-year low in May, reflecting the first decline in non-revolving
2023-07-11 03:45
Fed Officials Say Higher Interest Rates Are Needed to Reach 2% Inflation Goal
Three Federal Reserve officials on Monday said policymakers will need to raise interest rates further this year to
2023-07-11 00:23
Israel Holds Rates for First Time in Over a Year Despite Shekel
Israel left interest rates unchanged for the first time in over a year, halting a record cycle of
2023-07-10 21:23
Raise Taxes to Curb Inflation, Leading UK Economist Tells Sunak
The UK government should raise taxes to help the Bank of England tame soaring prices if it’s serious
2023-07-10 20:54
Norway’s Underlying Inflation Unexpectedly Accelerates to Record
Norway’s underlying inflation unexpectedly accelerated to a record-high pace, vindicating the central bank’s half-point interest-rate increase last month
2023-07-10 14:53
Israel Seen Caught Between Fed and Shekel After Rate Hikes
Israel has the option of breaking with the Federal Reserve after closely tracking the US central bank during
2023-07-10 14:17
Egypt’s Inflation Soars to Record as Food Drives Surge Past 35%
Consumer prices in Egypt soared at a record pace, a reflection of pressures on food costs after the
2023-07-10 13:55
China’s Inflation Rate Slows to Zero as Economic Woes Mount
China’s consumer inflation rate eased to zero in June while factory-gate prices fell further, underlining continued weakness in
2023-07-10 09:47
ECB’s Centeno Sees Inflation Slowing With Core Prices to Follow
European Central Bank Governing Council member Mario Centeno said he’s confident inflation has peaked and is quickly receding,
2023-07-09 22:27
Charting the Global Economy: Employers in US Temper Hiring Pace
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. US employers
2023-07-08 17:15
Summers Warns on Inflation Complacency, Sees More Bond Declines
Former Treasury Secretary Lawrence Summers warned against any sense of achievement by policymakers in bringing inflation down notably
2023-07-08 08:27
Chile’s Prices Unexpectedly Fall, Paving Way for Rate Cut
Chile’s consumer-price index unexpectedly fell in June, fueling bets that the central bank will start lowering its benchmark
2023-07-07 22:26