US inflation continued to slow in December, adding to evidence price pressures have peaked and putting the Federal Reserve on track to again slow the pace of interest-rate hikes.Source: Bloomberg
The chronic labor shortage in the US and European consumer-goods industry is likely over, according to a Deloitte survey.Source: Bloomberg
The price cap on Russian oil is costing the Kremlin €160 million ($172 million) a day, as the West tries to hobble Moscow’s war machine, a Finnish researcher said.Source: Bloomberg
Central banks aren’t giving up their inflation fight yet with the peak in interest rates still to come in most economies, but pauses will come at some point in 2023 — and perhaps even pivots.Source:...
US inflation data in the coming week are expected to stay consistent with a gradual step-down in cost pressures, and will help determine the size of the Federal Reserve’s next interest-rate increase....
Federal Reserve officials last month affirmed their resolve to bring down inflation and, in an unusually blunt warning to investors, cautioned against underestimating their will to keep interest...
Chinese authorities are planning to usher in further support measures to ease liquidity stress at some of the nation’s too-big-to-fail developers as the property downturn persists, according to...
The latest US employment report is anticipated to highlight the resilience of the nation’s labor market through 2022, despite the most aggressive pace of monetary tightening in decades.Source:...
A Democratic-controlled U.S. House of Representatives committee released six years of former President Donald Trump's tax returns to the public on Friday in an extraordinary move days before...
Contracts to buy U.S. previously owned homes fell far more than expected in November, diving for a sixth straight month in the latest indication of the hefty toll the Federal Reserve's interest rate...