Bank of Canada on Alert for Quick Change in Inflation Dynamics, Minutes Say
Bank of Canada officials agreed on the need to change course quickly on rate policy depending on developments in the […]
Finance
Fed’s Collins Says She Could Envision the Need for Rate Hikes
Boston Federal Reserve President Susan Collins said she envisions a prolonged stretch of steady interest rates, and could envision a
Wholesale Inflation Shot Higher in April
Prices charged by producers rose by 1.4% in April from the month before, blowing past March’s 0.7% increase, according to
Longer Working Lives and Immigration Keep Eurozone Economy Growing, ECB Says
Rising employment—partly from people working longer—has accounted for about half of the growth recorded in the eurozone since the third
Eurozone Industrial Production Inched Higher in March
Output rose 0.2% on month, though the war in the Middle East is expected to increasingly weigh on manufacturers as
Inflation is overtaking Americans’ pay gains, largely because of the cost of filling up at the gas station
Americans’ hourly wages are up. The problem? Inflation is up even more. Source link
Inflation is overtaking Americans’ pay gains, largely because of the cost of filling up at the gas station
Americans’ hourly wages are up. The problem? Inflation is up even more. Source link
The Average Student-Loan Defaulter Is Nearly 40 Years Old
Older student-loan borrowers have been falling behind since the federal government ended its pandemic-era payment pause. Source link
Consumer prices rose 3.8% in April from a year earlier, a clear impact of higher gas prices since the start of the war with Iran
Prices were up 0.6% from the previous month. Energy accounted for over 40% of that increase. Source link
Australia’s Budget Sparks Tentative Hope That Economic Reform Has Arrived
Australia’s treasurer touted the latest budget as reform-focused and the most ambitious in a generation. Economists hope that he is