Forget tariffs and the Iran oil shock—a top economist says the Fed is blind to the real inflation threat
The distressing inflation data just released raises the crucial question on whether all the good things we’re seeing…
Russian Economy Shrinks in the First Quarter
Russia’s economy contracted at the beginning of the year as weak business activity and declining oil and gas…
Mexican headline inflation eases for the first time since December, paves way for rate cut
By Aida Pelaez-Fernandez MEXICO CITY, May 7 (Reuters) – Mexico’s annual headline inflation rate decelerated in April for…
FOMC Updates: Fed Holds Interest Rates, Powell’s Last Fed Meeting
It’s the third Fed day of the year — and it’s set to be Jerome Powell’s swan song.…
Interest rates, inflation: Crucial two weeks loom for Aussie households
Australian households face a critical fortnight with inflation data, the RBA interest rate decision and the federal budget…
Putin Demands Answers as Russia’s Economy Undershoots Expectations
President Vladimir Putin on Wednesday demanded explanations from the government and Central Bank over why Russia’s economy is performing…
US job market likely thawed out this month after February chill
(Bloomberg) — US employment probably rebounded in March after one of the biggest pullbacks in payrolls since the…
Fed expected to hold rates steady as global uncertainty looms
The Federal Reserve will announce its latest interest rate decision Wednesday. The last time the Fed changed the…
Sweden’s central bank is urging citizens to hoard cash for ‘worst case’ of war. Should Canadians do the same?
Firefighters putting out a fire As geopolitical tensions rise and digital payments underpin nearly every transaction Canadians make,…
US Inflation Gauges Likely Diverged Before War in Iran
(Bloomberg) — A pair of inflation reports, including the Federal Reserve’s preferred price gauge, surface in the coming…
Fading US dollar trust threatens world economy, ex-IMF official Zhu Min warns
Dwindling global trust in the US dollar is one of the most prominent risks facing a vulnerable world…
Russian Central Bank Trims Key Rate, Sees a More Balanced Economy Ahead
Russia’s Central Bank lowered its key interest rate to 15.5% from 16% at its first rate-setting meeting of…