Inflation
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World
South Korea’s inflation climbs in November, but misses expectations
Pedestrians walk past food stalls and shops in the Myeongdong shopping district of Seoul on March 26, 2024. Anthony Wallace…
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World
Fed officials see interest rate cuts ahead, but only ‘gradually,’ meeting minutes show
Federal Reserve officials expressed confidence that inflation is easing and the labor market is strong, allowing for further interest rate…
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World
Why the U.S. is growing less food
The United States’ fruit and vegetable production, as well as the number of farms in the country, has been declining…
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World
Number of Americans filing for unemployment falls to lowest level in 6 months
The number of Americans applying for unemployment benefits fell to their lowest level in six months last week as layoffs…
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World
Wholesale prices rose 0.2% in October, in line with expectations
Wholesale prices nudged higher in October, though largely in line with expectations and consistent with the Federal Reserve cutting interest…
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World
India’s central bank chief warns growing risk of global inflation returning
Shaktikanta Das, governor of the Reserve Bank of India (RBI), during an event at the Peterson Institute of Economics (PIIE)…
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World
Amid rising prices, Nigerians seek bargains at thrift stores
With prices rising, Nigerians are becoming creative. Thrift shopping is booming, offering affordable options. Gibson Emeka from Abuja looks at…
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World
‘The market is right’: Former Fed policymaker Mester sees fewer rate cuts next year after Trump’s victory
Federal Reserve chair Jerome Powell speaks during a news conference on Sept.18, 2024 in Washington, DC. Anna Moneymaker | Getty…
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World
Fed’s Kashkari says Trump tariffs could reheat inflation if they provoke global trade ‘tit for tat’
Neel Kashkari, President and CEO, Federal Reserve Bank of Minneapolis, speaks at the Milken Conference 2024 Global Conference Sessions at…
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World
Inflation data will be key hurdle to get through next week after stock market’s historic postelection rally
Inflation data in the week ahead could determine whether a stock market that surged to all-time highs after Donald Trump…
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