Inflation

Fed’s key inflation gauge rose 2.5% in June from a year ago, in line with expectations
People shop at a grocery store in Brooklyn on July 11, 2024 in New York City. Spencer Platt | Getty Images An important gauge for the Federal Reserve showed inflation eased slightly from a year ago in June, helping to open the way for a widely anticipated September interest rate cut. The personal consumption expenditures […]
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BOJ to weigh rate hike next week, detail plan to halve bond buying, Reuters reports
The flag of Japan flutters at the Bank of Japan headquarters in Tokyo on Dec. 19, 2023. Kazuhiro Nogi | AFP | Getty Images The Bank of Japan is likely to debate whether to raise interest rates when it meets next week and unveil a plan to roughly halve bond purchases in coming years, sources said, signaling its resolve to steadily unwind its massive monetary stimulus. […]
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‘Just buying, buying, buying’: What the recent small-cap boom suggests about the appetite for risk
ETF Edge ‘Just buying, buying, buying’: What the recent small-cap boom suggests about the appetite for risk Published Sat, Jul 20 202411:00 AM EDT Ellie Stevens@elliestevens02 WATCH LIVE Source
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Fed Governor Waller sees central bank ‘getting closer’ to an interest rate cut
Key Points Keeping with statements from other policymakers, Waller’s sentiments point to an unlikelihood of a rate cut when the Federal Open Market Committee meets later this month, but a stronger likelihood of a move in September. Central bankers have become more optimistic by data in recent months that has shown inflation easing after a […]
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Wealth in Turkey grew the most in the world at 157% despite soaring inflation, according to ranking
Golden Horn and Bosphorus at sunset, Istanbul, Turkey Matteo Colombo | Digitalvision | Getty Images Turkey came out miles ahead of the rest of the world in an annual global wealth ranking — in a result that may come as surprising, given the country’s high levels of inflation. “Türkiye stands out with a staggering growth […]
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