Economy - Page 62

The recent slowdown in inflation is a trend and not a “one-month blip,” Chicago Fed President Austan Goolsbee said Monday. In an interview with

Canadian inflation slowed to an annualized 3.8% in September, marking the end of a two-month surge in price pressures across sectors such as travel

By Stuart Condie SYDNEY–The Reserve Bank of Australia continues to warn that further interest-rate increases may be needed if it sees signs that inflation

On Tuesday, amid the escalating Arab-Israeli conflict sparked by a Hamas assault on Israel, the Bank of Israel initiated measures to stabilize the shekel

It wasn’t clear Tuesday if Rep. Jim Jordan would be successful in his push to become the next speaker of the U.S. House of

(Reuters) -The Federal Reserve held its benchmark overnight interest rate steady at the Sept. 19-20 policy meeting. Data since then will influence whether the

“ Fed Chairman Jerome Powell is essentially telling us that  monetary policy may work its wonders if we are just patient.” A Federal Reserve

U.S. retail sales have seen an unexpected rise of 0.7% in September, due to high demand at auto dealerships, online stores, and increasing gasoline

“ It is naïve to assume that the largest credit-fueled bubble in half a century can continue indefinitely or be deflated without pain. ”

(Reuters) – Richmond Federal Reserve Bank chief Thomas Barkin on Tuesday said that higher long-term borrowing costs are putting downward pressure on demand but