inflation

Global Economy

inflation

Global Economy
American households, watching their retirement funds dwindle as their bills soar, are gloomier about the economy than at any time in the past four decades. Photographer: David Paul Morris/Bloomberg

US faces a Fed-triggered recession that may cost Biden a second term

Rate hikes to counter inflation lift risk of a downturn to 72% in Bloomberg Economics models — heralding trouble for the White House

Storage tanks are seen at Marathon Petroleum's Los Angeles Refinery, which processes domestic & imported crude oil, in Carson, California, US, March 11, 2022. Picture taken March 11, 2022. Picture taken with a drone. REUTERS/Bing Guan/File Photo

Biden blasts oil refiners for record profits on pain at the pump

The Federal Reserve building in Washington, US, January 26, 2022. REUTERS

How it came to this: The Fed and White House's slow inflation awakening

The Bank of England, London, Britain, April 14, 2020. Photo:Reuters

Europe's central banks jack up interest rates to fight inflation surge

The Federal Reserve building is seen before the Federal Reserve board is expected to signal plans to raise interest rates in March as it focuses on fighting inflation in Washington, US, January 26, 2022. REUTERS/Joshua Roberts

Fed expected to ramp up inflation fight with big rate hike

Pump jacks operate at sunset in Midland, Texas, US, February 11, 2019. File Photo: Reuters/Nick Oxford

Oil prices slide on Beijing Covid warning, inflation concerns

U.S. President Joe Biden attends a press conference at Akasaka guest house, in Tokyo, Japan, May 23, 2022. Nicolas Datiche/Pool via REUTERS

Biden warns US inflation could last 'for a while'

Rising living costs barring people from theme parks

Rising living costs barring people from theme parks

File photo of Finance Minister AHM Mustafa Kamal.

None can fight imported inflation: Finance minister

An India Rupee note is seen in this illustration photo June 1, 2017. REUTERS/Thomas White/Illustration

India's retail inflation likely slipped only modestly in May

Dollar on front foot as traders await US inflation data for Fed cues

Dollar on front foot as traders await US inflation data for Fed cues

A view of the city skyline in Shanghai, China February 24, 2022. Picture taken February 24, 2022. REUTERS/Aly Song

China's producer inflation eases to 14-month low in May

Dr Fahmida Khatun. Sketch: TBS

Measures inadequate to contain inflation