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Stubborn Inflation Means More Pain for the U.K.
Business

Stubborn Inflation Means More Pain for the U.K.

Consumer prices in the U.K. continue to rise at a faster rate than in most other rich countries, threatening fresh hardship for millions of voters

No let up for world stocks as banking worries persist By Reuters
Finances

Bank of Canada seen hiking rates quarter point to tame stubborn inflation By Reuters

© Reuters. FILE PHOTO: A sign is pictured outside the Bank of Canada building in Ottawa, Ontario, Canada, May 23, 2017. REUTERS/Chris Wattie//File Photo By

Cleveland Fed President Reiterates Central Bank’s Resolve to Fight Stubborn Inflation
Business

Cleveland Fed President Reiterates Central Bank’s Resolve to Fight Stubborn Inflation

Federal Reserve Bank of Cleveland President Loretta Mester said Tuesday inflation remains too high and stubborn, and that it could take until 2025 to bring

Rivian to relocate staff to Illinois EV plant to accelerate production
Finances

Stubborn inflation keeps ECB on course for more rate hikes By Reuters

© Reuters. FILE PHOTO: A sign reading “Low prices for you” is seen on a shopping trolley in a supermarket in Nice, France, March 1,

Germany reaches deal with EU on future use of combustion engines By Reuters
Finances

Swedish central bank chief says more rate hikes likely due to stubborn inflation By Reuters

© Reuters. FILE PHOTO: Sweden’s Riksbank Governor Erik Thedeen speaks during a news conference in Stockholm, Sweden, February 9, 2023. TT News Agency/Jonas Ekstromer via