Asian stocks cheer inflation’s retreat
Asian stocks rose on Friday as investors cheered a slowdown in U.S. inflation, while the yen hit a seven-month high and Japanese bond yields broke above the central bank's target as markets…
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inflations
Inflation’s harsh realities on display as Fed officials meet
By Christopher Rugaber Jackson Hole (US), Aug 25 (AP) A half-hour drive or so from the resort where the high priests of international finance - leading economists and central bank officials…
Verizon Loses Subscribers and Warns of Inflation’s Toll
Verizon
VZ -5.64%
Communications Inc.’s first-quarter profit fell 13%, and executives warned that higher consumer…
Chicago Fed’s Charles Evans cautions on inflation’s hit to small…
Small businesses will be facing growing challenges from inflation and higher wages, Chicago Federal Reserve President Charles Evans said Friday.Even with average earnings flattening out in…
Inflation’s shock to economy complete as small business tipping point reached
Joe Raedle | Getty Images News | Getty ImagesThe latest Consumer Price Index reading, the highest in four decades, isn't the only sign that inflation is extending rather than giving up its…
Sensex surges over 400 points in early trade
PowerGrid was the top gainer in the Sensex pack, rising over 2 per cent, followed by ITC, Axis Bank, Kotak Bank, Bajaj Finance, IndusInd Bank and Bajaj Finserv.
Equity benchmark Sensex…
How full is the U.S. recovery? Inflation’s impact obscures the answer.
Here’s a notable fact about the U.S. economic recovery: Inflation-adjusted output last quarter was just 1 percent below where it would have been if the pandemic had never happened.Here’s…
Jerome Powell will tell senators that Fed policymakers see high inflation’s toll.
Jerome H. Powell, the Federal Reserve chair whom President Biden has nominated for a second four-year term, is set to tell senators on Tuesday that central bankers will use their economic…