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China Slips Into Deflation in Warning Sign for Global Economy
Business

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
Business

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
Business

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

While Everyone Else Fights Inflation, China's Deflation Fears Deepen
Business

While Everyone Else Fights Inflation, China's Deflation Fears Deepen

Signs of deflation are becoming more prevalent across China, heaping extra pressure on Beijing to reignite growth or risk falling into an economic trap it

Why the Drivers of Lower Inflation Matter
Business

Why the Drivers of Lower Inflation Matter

Competing effects of central banks, healing supply chains affect recession odds. Source link

Bernanke Tapped to Find Out Why U.K. Central Bank Misjudged Inflation
Business

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

Federal Reserve Raises Interest Rates to 22-Year High
Business

Federal Reserve Raises Interest Rates to 22-Year High

Officials have slowed the pace of increases this year but aren’t sure they have fully tackled inflation. Source link

Why the Fed Isn't Ready to Declare Victory on Inflation
Business

Why the Fed Isn't Ready to Declare Victory on Inflation

Officials remain concerned about whether wages and price growth can slow enough without an economic downturn. Source link