Inflation

The average gross monthly wage for Israeli employees increased by 6.7% to reach 13,309 shekels in October 2024 compared to October 2023. The average gross monthly…

In an attempt to stave off severe inflation, the Russian Central Bank has suspended all foreign currency purchases for the remainder of the year, while actively selling the Chinese yuan, in the hope of supporting the ruble. The ruble -…

In an attempt to stave off severe inflation, the Russian Central Bank has suspended all foreign currency purchases for the remainder of the year, while actively selling the Chinese yuan, in the hope of supporting the ruble. The ruble -…

The latest reading of the Fed's preferred gauge of inflation showed that price increases were flat in October compared with the previous month, raising questions about whether progress in reaching the central bank's 2% target has…

Breadcrumb linksBMN BusinessNext week's US inflation figures showing stubborn price pressures will reinforce the Fed's cautionary stance towards future interest rate cuts.Article writer:Bloomberg NewsVince Juhl and Craig SterlingPosted on…

UK inflation rose to a six-month high in October, exceeding the Bank of England's 2% target, driven primarily by rising household energy bills. The Office for National Statistics (ONS) reported that the annual CPI rose to 2.3% last…

Breadcrumb linksBMN BusinessUK inflation accelerated more than expected in October to far exceed the Bank of England's 2% target, a rebound that investors saw as further dimming the odds of further interest rate cuts in the coming…

Breadcrumb linksPMNBMN BusinessArticle writer:Canadian PressIan BeckesPosted on November 17, 2024 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account.The latest inflation reading…

US stocks were mixed in early trading on Wednesday, as investors weighed new consumer inflation data that looked set to keep the Federal Reserve on track to cut interest rates again next month. The Dow Jones Industrial Average (^DJI)…

Good morning! South Dakota Governor Kristi Noem will take over as Secretary of Homeland Security, 23andMe is cutting 40% of its workforce, and the International Monetary Fund's Gita Gopinath sees the much-discussed disconnect between the US…