Economy
Australian Consumer Sentiment Plunges to Deep Pessimism
Australian consumer sentiment has fallen into 'deeply pessimistic' territory as households grapple with rising living costs and housing market uncertainties.
#Inflation 109 articles
Stocks
Korea’s AI Boom Drives Government Bond Yields to 2023 High
South Korea's government bonds have lost 7.5% this year, the worst among 44 markets, as AI-driven economic growth fuels inflation and rate...
Markets
ECB Primed for Quarter-Point Hike, Leads G7 Tightening Efforts
The European Central Bank is set to deliver a quarter-point interest-rate hike this week, positioning it as the G7's lead hawk in...
Markets
Amazon Prime Day Returns Early, Signals Consumer Health
Amazon's Prime Day event kicks off June 23, earlier than its usual July slot, as inflation climbs toward 4%. The four-day sale...
Economy
U.S. Adds 172,000 Jobs, Labor Market Gains Steam Amid Inflation Challenge
U.S. employers added 172,000 jobs in May, marking the third consecutive month of gains as the labor market strengthens. However, wage growth...
Markets
India’s Economic Recovery Imperiled by Fuel Shocks, Inflation
India's economic recovery faces headwinds as global energy shocks and rising domestic prices curb middle-class spending. This threatens consumption growth, compounding existing...
Finance
US Mortgage Rate Dips to 6.48%, Retreats From 9-Month High
The average long-term U.S. mortgage rate fell to 6.48% this week, easing from its highest level in nine months and offering relief...
World Business
G7 Ministers Confront Global Economic Headwinds in Paris
G7 finance ministers and central bankers convene in Paris amidst escalating global economic threats, including the US-Iran conflict, bond market volatility, and...
Markets
Margin Compression Looms for Consumer Brands, Fed Warns
The Federal Reserve's May Beige Book reveals consumer brands are struggling to pass on rising costs amid growing affordability pressures, leading to...