3 things that will help reduce the sting of high inflation – CNN
There’s really nothing nice to say about inflation when it comes to your bottom line. It’s hard on your wallet. It’s hard on your savings...
Author : Nelli Avetisyan
How to Save Emerging Economies from Another Crisis
As the world grapples with an inflationary surge fueled by the COVID-19 pandemic, Sino-American trade frictions, and the war in Ukraine, the United States has...
Interest rates unlikely to rise above 5%, says Bank of England official – The Guardian
Interest rates set by the Bank of England are unlikely to rise above 5% as markets previously expected, a senior official has suggested, saying the...
ECB Seen Sending Rates to Higher Peak in Face of Recession Risk – Bloomberg
The European Central Bank will act much more forcefully than previously anticipated to rein in record inflation, even as the euro zone succumbs to a...
Investors now expect Fed to raise rates to 5% next year – The Financial Times
Investors now expect the Federal Reserve to raise interest rates to 5 per cent next year, suggesting that it will need to hammer the brakes...
Jobless Claims Fell Last Week in Still-Tight Labor Market – WSJ
U.S. worker filings for jobless benefits fell last week, a sign layoffs remain low in a tight labor market. Initial jobless claims, a proxy for...
Amazon could pay UK shoppers £900m compensation – BBC News
Amazon shoppers in the UK could receive a share of £900m in compensation, once a legal claim is submitted against the technology giant. The proposed...
Pound rises as Liz Truss announces resignation – BBC News
The pound rose against the dollar and government borrowing costs dipped as the markets reacted to Prime Minister Liz Truss’s resignation. Sterling hit $1.13 as...
Latest Global Growth Forecasts Show Challenges Facing Economies
The IMF’s World Economic Outlook released last week forecasts that global economic growth will slow from 3.2 percent this year to 2.7 percent next year....
PODCAST: How High Inflation Could Boost Your Paycheck
Every year, inflation triggers adjustments to many of the nation’s tax laws. WSJ tax reporter Richard Rubin joins host J.R. Whalen to discuss how this...