Finance
ECB Credibility Hinges on June Rate Hike, Stournaras Warns
ECB Governing Council member Yannis Stournaras states a June interest-rate hike is likely inevitable to preserve the bank's credibility amid worsening inflation...
#Inflation 160 articles
Stocks
Pump Prices Jump 30% Ahead of Memorial Day, Storage Concerns Rise
U.S. gasoline prices averaged $4.55/gal on Friday, nearly 30% higher than last year, ahead of Memorial Day. Tightening storage levels suggest prices...
Economy
Walmart Uses Tariff Refunds for Price Cuts as Shoppers Feel Gas Price Squeeze
Walmart plans to use tariff refunds to lower prices, responding to consumer stress from rising gas costs. CFO John David Rainey noted...
Economy
UK Inflation Dips to 2.8%, but Analysts Foresee Future Rise
UK inflation unexpectedly fell to 2.8% in April, driven by lower energy bills. However, experts predict a rebound to around 4% by...
Stocks
Asian Shares Dip as Bond Yields Pressure Tech Rally
Asian markets mostly declined, mirroring Wall Street's retreat as rising bond yields dampened enthusiasm for technology stocks and raised inflation concerns.
Finance
Fed Data: Households Maintain Big Purchase Plans Despite Inflation
New Federal Reserve data reveals consumers intend to maintain spending on major purchases, with a focus on managing payments to absorb costs.
World Business
OECD Warns of Worsening Global Economic Outlook Amid Middle East Conflict
The OECD Secretary General stated that the ongoing Middle East conflict is increasing inflation and dampening global economic growth, with a formal...
Investing
US Yields Near 2007 Peaks Divide Investor Sentiment
Soaring US Treasury yields are creating a dilemma for global investors, balancing attractive rates against the risk of further declines. Divergent economic...
Economy
Japan’s Economy Grows 2.1% Annually on Consumer Spending
Japan's economy expanded at a 2.1% annualized rate in the January-March quarter, driven by robust consumer and business spending, government data shows.