Tag: Inflation
Russian central bank hikes rates to fight inflation fueled by military spending in growing economy
MOSCOW -- Russia's central bank raised its key interest rate by a full percentage point to 19% to combat high inflation as government...
Asian markets trade mixed after Wall Street climbs closer to its record high
HONG KONG -- Asian stocks were mixed Friday after stocks in the United States pulled closer to their records following a couple of...
Wholesale inflation mostly cooled last month in latest sign that price pressures are slowing
WASHINGTON -- U.S. wholesale price increases mostly slowed last month, the latest evidence that inflation pressures are cooling enough for the Federal Reserve...
Rate cuts are coming from the European Central Bank and the Fed. Experts say the pace will be mild
FRANKFURT, Germany -- With inflation subsiding, the European Central Bank will likely cut interest rates again on Thursday to prop up tepid growth...
Stock market today: Global benchmarks mostly dip after Wall Street's mixed finish
TOKYO -- Global shares traded mostly lower Wednesday after Wall Street drifted to a mixed finish. France's CAC 40 added 0.3% in early...
US inflation likely fell further last month as Fed prepares to cut rates next week
WASHINGTON -- Inflation in the United States may have hit a three-year low in August, underscoring that the rate of price increases is...