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Trump tariffs likely to lead to higher U.S. interest rates, head of Institute of International Finance says

Trump tariffs likely to lead to higher U.S. interest rates, head of Institute of International Finance says

Extreme tariffs proposed by U.S. presidential candidate Donald Trump would interrupt the path of disinflation and could lead to higher interest rates, according to the head of the Institute of Interna...

Oct 23 0 views
IMF warns on China's property market worsening as it cuts country's growth outlook

IMF warns on China's property market worsening as it cuts country's growth outlook

Chinese flags for sale on Nanjing East Road in Shanghai, China, on Wednesday, Oct. 2, 2024. Qilai Shen | Bloomberg | Getty Images The International Monetary Fund (IMF) warned of a possible worsening o...

Oct 23 0 views
IMF says global fight against inflation is 'almost won' but warns of rising risks

IMF says global fight against inflation is 'almost won' but warns of rising risks

A man walks past signage for the the 2024 IMF/World Bank Annual Meetings outside of the headquarters of the International Monetary Fund in Washington, DC on October 18, 2024. Daniel Slim | AFP | Getty...

Oct 22 0 views
IMF hikes UK growth outlook amid lower inflation and interest rates

IMF hikes UK growth outlook amid lower inflation and interest rates

General view of the City of London skyline, the capital’s financial district, in October. Sopa Images | Lightrocket | Getty Images LONDON — The International Monetary Fund on Tuesday raised its 2024 g...

Oct 22 0 views
Here's why inflation may look like it's easing but is still a huge problem

Here's why inflation may look like it's easing but is still a huge problem

A family shops for Halloween candy at a Walmart Supercenter on October 16, 2024 in Austin, Texas. Brandon Bell | Getty Images Just because the Federal Reserve is nearing its inflation goal doesn’t mea...

Oct 19 0 views
U.S. deficit tops $1.8 trillion in 2024 as interest on debt surpasses trillion-dollar mark

U.S. deficit tops $1.8 trillion in 2024 as interest on debt surpasses trillion-dollar mark

The U.S. Treasury building in Washington, D.C., on Aug. 15, 2023. Nathan Howard | Bloomberg | Getty Images The Biden administration rang up a budget deficit topping $1.8 trillion in fiscal 2024, up mo...

Oct 18 0 views
Retail sales rose 0.4% in September, better than expected; jobless claims dip

Retail sales rose 0.4% in September, better than expected; jobless claims dip

Consumer spending held up in September, underscoring a resilient economy that is now getting a boost from the Federal Reserve, the Commerce Department reported Thursday. Retail sales increased a seaso...

Oct 17 0 views
UK inflation falls sharply to 1.7%, below Bank of England's target for first time in over three years

UK inflation falls sharply to 1.7%, below Bank of England's target for first time in over three years

A wet Piccadilly Circus during a rainy morning in the West End, on 26th September 2024, in London, England. Richard Baker | In Pictures | Getty Images LONDON — Inflation in the U.K. dropped sharply to...

Oct 16 0 views
The Federal Reserve may have pretty much just hit its 2% inflation target

The Federal Reserve may have pretty much just hit its 2% inflation target

Federal Reserve Chairman Jerome Powell arrives to a news conference following the September meeting of the Federal Open Market Committee at the William McChesney Martin Jr. Federal Reserve Board Build...

Oct 11 0 views
Wholesale prices were flat in September, below expectations

Wholesale prices were flat in September, below expectations

A measure of wholesale prices showed no change in September, pointing to a continued easing in inflation, the Labor Department reported Friday. The producer price index, which measures what producers ...

Oct 11 0 views
French budget surprises with focus on tax hikes as analysts warn of ratings downgrades

French budget surprises with focus on tax hikes as analysts warn of ratings downgrades

France’s newly-installed government on Thursday presented a draft budget containing 60 billion euros ($65.6 billion) in tax hikes and spending cuts, as analysts warned the package may not be enough to...

Oct 11 0 views
UK economy returns to growth as Labour tees up all-important budget

UK economy returns to growth as Labour tees up all-important budget

Alexander Spatari | Moment | Getty Images LONDON — The U.K. economy returned to growth in August following two consecutive months of stagnation, providing a slight boost as the Labour government prepa...

Oct 11 0 views
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