Inflation Outpaces Wage Growth For Over 40% Of Americans
Topline Wage growth for a large swath of Americans is being outpaced by the rate of inflation, according…
Strategist Vincent Deluard Predicts Slump in Stocks, No Recession
The record-breaking stock market will tumble before September, but a recession effectively is “canceled,” a leading strategist told…
Milei tames inflation, but Argentines still struggle to afford basics | Inflation
Cesar Martinez, 45, works full-time at a butcher shop in Buenos Aires, but in the last year, he…
Russia Opts for Deeper Key Rate Cut to 18% as Economy Cools
Russia’s central bank slashed its key interest rate to the lowest level in nearly a year amid slowing…
UK Faces Significant Challenges to Growth Plan, IMF Says – Bloomberg.com
UK Faces Significant Challenges to Growth Plan, IMF Says Bloomberg.comReeves should consider ending pension triple lock and charging for…
Japan’s Tokyo CPI inflation eases to 2.9% YoY in July
The headline Tokyo Consumer Price Index (CPI) for July rose 2.9% YoY as compared to 3.1% in the previous month,…
Russia’s Growing Economic Woes Set Stage for Deeper Key Rate Cut
The Bank of Russia has room for a deeper cut to its key interest rate amid slowing inflation…
International students have not driven rents and inflation higher, RBA says
The rapid growth in international student numbers post-pandemic has not been a major driver of higher rents and…
RBA governor Michele Bullock says unemployment jump would not have changed interest rate hold
Reserve Bank governor Michele Bullock says, despite last month’s surprise jump in the unemployment rate, the numbers matched…
Housing market recovery stalled, council rates will continue rising, new ANZ economic report finds
The level of house prices now sits just 1.1% above its most recent low last October. The ANZ…
Kraft Heinz’s (KHC) $4.3 Billion Pension Gives It Leverage as It Weighs Options
Hidden among Kraft Heinz Co.’s brightly colored assets exists an unusual source of value: an over-funded pension plan.…
Inside Economics: Why inflation is back and why the Reserve Bank can probably ignore it
The reason I ask is that the discretionary spend in New Zealand is very subdued (who would be…