Energy inflation has been more persistent than expected: Fed’s Goolsbee
Austan Goolsbee, president of the Federal Reserve Bank of Chicago, speaks during the 29th annual Milken Institute Global…
UK household energy bills to jump 13% amid Iran war energy shock
Natural gas burners on a gas stove. Nurphoto | Nurphoto | Getty Images Supply constraints sparked by the…
Headline inflation eases to 4.2 per cent in April as fuel prices fall
Headline inflation decelerated in April, with consumer prices increasing at an annual pace of 4.2 per cent, down…
ECB inflation outlook: Villeroy says bank ready to act
The European Central Bank “will do what is necessary” to keep inflation on target, one of its top…
ECB’s Stournaras says more restrictive monetary policy may be needed
Yannis Stournaras, governor of Bank of Greece, speaks at the European Central Bank (ECB)’s International Women’s Day 2026…
Russia’s economy is much worse than it seems, and ‘elites are increasingly alarmed’ as GDP contracts
The Swedish government has come up with some drastically different economic figures on Russia that make the Kremlin’s…
Rising global costs threaten Mexico’s production costs and food stability | Inflation
Monterrey, Mexico – At the Mercado de Abastos, a wholesale food market in Nuevo Leon, Mexico, staples like tomatoes,…
Why the 2.8% Social Security COLA Is Already Losing Ground to Inflation in 2026
When the Social Security Administration announced that benefits would be getting a 2.8% cost-of-living adjustment (COLA) in 2026,…
Some Queen’s University retirees say new UPP plan is leaving them shortchanged on inflation
Not all pension payouts are indexed to help keep up with inflation, but Queen’s had a formula for…
EU cuts growth forecasts as Middle East war drags on – POLITICO
The severity of the energy shock will depend on when the Strait of Hormuz — which channels 20…
UN lowers forecast for global economic growth in 2026
UNITED NATIONS (AP) — Responding to Middle East crises and rising oil prices, the United Nations on Tuesday…
Brazil lifts inflation outlook on oil shock, sees shallower rate-cut cycle
BRASILIA, May 18 (Reuters) – Brazil’s Finance Ministry on Monday sharply raised its inflation forecast for this year…