Iran war squeezes Europe’s economy as growth slumps, prices surge
The energy shock from the Iran war is seeping ever deeper into the European economy, presenting policy-makers with…
Europe is considering price caps to control inflation. CEOs are shaking their heads in despair
When the supply of toilet paper started running out back in 2013, the Venezuelan authorities came up with a novel explanation. “95% of…
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…
Inflation drops back by more than forecast as energy offsets Iran war fuel hit
Inflation fell back to its lowest level for more than a year last month as a drop in…
UN lowers forecast for global economic growth in 2026 over Mideast energy crisis – The Washington Post
UN lowers forecast for global economic growth in 2026 over Mideast energy crisis The Washington PostEconomic Outlook at Risk…
Russians Fail to Feel Inflation Slowdown, Survey Shows
Russia’s inflation slowdown is not yet changing how consumers perceive rising prices, according to a Central Bank-commissioned survey,…
Forget tariffs and the Iran oil shock—the Fed may be missing the real inflation threat
The distressing inflation data just released raises the crucial question on whether all the good things we’re seeing…
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…
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…
Powell’s tenure as Fed chair marked by inflation battle, independence tests
Eight years ago, when Jerome Powell became Chair of the Federal Reserve (Fed), economists worried that inflation and…
G7 ministers to meet amid warning of consequences of Hormuz closure
An aerial photograph shows the Greek-flagged crude oil tanker “Asahi Princess” off the coast of the Syrian Baniyas…
Top ECB official warns oil shock may force interest rate hikes – POLITICO
Determined not to repeat the mistakes of 2022, Demarco said policymakers must stop higher energy costs from feeding…