Tag: Inflation
European Central Bank poised to cut rates again as inflation drops below target
The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, is expected to cut borrowing costs...
Helene and Milton are both likely to be $50 billion disasters, joining ranks of most costly storms
Monstrous hurricanes Helene and Milton caused so much complex havoc that damages are still being added up, but government and private experts say...
UK inflation falls to lowest level in over 3 years, cementing expectations for another rate cut
LONDON -- Inflation in the U.K. has fallen to its lowest level for more than three years, official figures showed Wednesday, a drop...
Stock market today: Asian shares are mostly higher after Wall St powers to more records
BANGKOK -- Asian shares advanced on Tuesday after Wall Street rolled to more records, though markets in China were mostly lower. U.S. futures...
Trump's economic plans would worsen inflation, experts say
WASHINGTON -- With characteristic bravado, Donald Trump has vowed that if voters return him to the White House, “inflation will vanish completely."It’s a...
US consumer sentiment slips in October on frustration over high prices
Americans’ outlook on the economy soured a bit after two months of small gains, according to the University of Michigan’s consumer sentiment index,...