US wholesale inflation heated up again last month – CNN
A key US inflation gauge increased last month at its fastest pace since April 2023, showing that underlying price pressures remain persistent. The Producer Price...
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ECB to Hold With First Cut Locked In for June: Decision Guide – Bloomberg
The European Central Bank is set to keep borrowing costs on hold for a fifth meeting while further readying the ground for cuts to begin...
Markets slash bets on rate cuts after US inflation rises to 3.5% – The Financial Times
Traders slashed bets on Federal Reserve interest rate cuts on Wednesday after US inflation surpassed expectations and Joe Biden acknowledged there was “more to do”...
Race for AI Supremacy in Middle East Is Measured in Data Centers -Bloomberg
One of the best places to view the Gulf states’ unfolding rivalry over artificial intelligence is inside an unmarked building in an industrial park near...
Inflation keeps coming in hot, likely delaying interest rate cuts -The Washington Post
Inflation ticked up again in March compared with the year before — in yet another sign that the economy doesn’t need high interest rates to...
Global inflation and interest rates tracker: see how your country compares – The Financial Times
Central banks around the world are expected to lower borrowing costs as global inflation eases from the multi-decade highs reached in many countries over the...
How AI is helping to prevent future power cuts – BBC news
Amid ever increasing demand for electricity, artificial intelligence (AI) is now being used to help prevent power cuts. “I woke up in the middle of...
The rich world faces nightmare budget deficits – The Economist
A decade ago finance ministries were gripped by austerity fever. Governments were doing all they could to cut budget deficits, even with unemployment high and...
March Inflation Data to Prolong Drama Around Fed Rate-Cut Timing – Bloomberg
A monthly report on consumer prices due Wednesday is unlikely to settle the debate around the timing of Federal Reserve interest-rate cuts, with forecasters expecting some moderation...
Every month, economists expect the labor market to slow. Will it ever? – CNN
Almost every month, economists expect the hot US labor market to start showing signs of exhaustion. Instead, it plows forward full steam ahead. Last month...