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…
Interest rates will fall again when inflation returns to target but that could require a painful adjustment
There is a big, fat elephant in the room. The federal government insists it has devoted considerable resources…
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…
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…
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.…
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…
US Inflation Traders Dust Off Obscure Alternative to CPI Data
Traders in a $7 trillion market are grappling with the unprecedented scenario of having to price securities tied…
Bessent Calls on Japan to Give BOJ Space to Fight Inflation
US Treasury Secretary Scott Bessent called on Japan’s new government to give the nation’s central bank the space…