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What Wall Street’s Top Recession Gauge Is Saying Now
Listen to article (1 minute) Wall Street is growing confident the U.S. can avoid a recession. But one key market indicator is still sending seemingly
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
What to Watch in July’s CPI Report: Why an Uptick in Annual Inflation Might Not Worry the Fed
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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
Rising Oil Prices Are Bad News for Drivers—and the Fed
America faces a familiar foe in its fight against inflation, with crude prices up more than 18% over the past month. Source link
Bank of England Raises Key Interest Rate by Quarter Point
The central bank increased its key rate for the 14th time in a row and said it may do so again as it tries to
Why the Drivers of Lower Inflation Matter
Competing effects of central banks, healing supply chains affect recession odds. Source link
How the Bank of Japan's Shift Could Play Out in U.S. Markets
The Bank of Japan has signaled it would tolerate higher yields on longer-term Japanese government bonds—which could affect investors worldwide.. Source link
Bernanke Tapped to Find Out Why U.K. Central Bank Misjudged Inflation
The appointment of the former Fed chair is one of the first steps taken by a leading central bank to understand why they underestimated a