World Economy Latest: Fed’s Powell Reins in Rate-Cut Expectations
Central bankers in North America’s two largest economies lowered borrowing costs this week, though yields on government debt…
Fed’s Schmid Cites Inflation Risks in Dissent Against Rate Cut
Federal Reserve Bank of Kansas City President Jeff Schmid said he voted against the US central bank’s decision…
Şimşek says recent price data don’t alter disinflation perception
Türkiye’s disinflation process remains on track despite recent price data, Treasury and Finance Minister Mehmet Şimşek said on…
Inflation in Greece falls to 1.7%
Greece’s European Union-harmonized inflation fell to 1.7% year-on-year in October from 1.8% in September, according to Eurostat preliminary…
AI Boom Drives US GDP Growth
I’m Ben Holland, an economics editor in Washington. Today we’re looking at the US AI boom and its…
Prices of 143 food items to rise in Japan in November
Prices of 143 products from 195 major food and beverage makers in Japan are set to rise in…
Non-price inflation: When numbers lose all meaning
We hear the word “inflation” and think of prices (of food, fuel, medication, rent). But inflation’s reach goes…
Jerome Powell says the AI hiring apocalypse is real: ‘Job creation is pretty close to zero.’
Federal Reserve Chair Jerome Powell drew a stark picture of a labor market that looks fine on the…
ECB Holds Rates With Inflation Near 2% and Economy Expanding
The European Central Bank left interest rates unchanged for a third meeting, with inflation in check and the…
Our chocolate, coffee and oats have been getting smaller for years
Over the years, prices have gone up as products have got smaller. Experts examine how long the trend…
Powell cuts rates in the dark in historic move, with no jobs data and Trump heckling from abroad
The Federal Reserve lowered its benchmark interest rate by a quarter of a percentage point on Wednesday, a…
Why an Old Multiple Sclerosis Drug Costs More Than Ever in the US
When Jean Kay started a brand-new multiple sclerosis treatment called Rebif in 2003, it cost $17,500 a year.…