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Inflation, and Housing Costs, Are Set to Turn a Corner
Cooling house prices and rents could tamp down inflation in coming months, nudging the Federal Reserve to pause or even reverse rate increases. Source link
U.S. and China Poised to Drift Further Apart After Investment Ban
What to Read Next Source link
What to Watch in July’s CPI Report: Why an Uptick in Annual Inflation Might Not Worry the Fed
What to Read Next Source link
Sputtering Trade Fuels Fears for a Connected World
Cyclical factors are weighing on commerce, but the specter of global economic divisions lurks in the background. Source link
Why Fitch's Downgrade Matters
U.S. debt is in much riskier territory than when S&P lowered its rating in 2011. Source link
China Slips Into Deflation in Warning Sign for Global Economy
China entered deflationary territory for the first time in two years, pressuring Beijing to avoid a deepening economic malaise. Source link
Chinese Exports Fall at Steepest Pace Since February 2020
Slide in outbound shipments reflects China’s fraying trade ties with the Western world, even as exports to Russia boom. Source link
Wind Industry Hits Rough Seas
More than $30 billion in spending is delayed as crisis hits the renewable-energy sector that governments view as key. Source link
The Era of Ultracheap Stuff Is Under Threat
Factories across Asia are struggling to attract young workers. That’s bad news for Western consumers accustomed to inexpensive goods made in the region. Source link
Rising Money Flows, Fueled by Record Migration, Prop Up Autocrats
Remittances to the developing world hit record $647 billion, aiding the poor but helping keep strongmen from Nicaragua to Tajikistan in power African migrants recently sailed