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Central banking

UK inflation rate slides to 7.9% in June, below expectations

by Walter Watson
UK inflation rate slides to 7.9% in June, below expectations

Skyline view of the City of London financial district. Mike Kemp | In Pictures | Getty Images LONDON — U.K. inflation cooled significantly in June, coming in below consensus expectations …

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Nobel economist sees no need for more hikes

by Ron Morgan
Nobel economist sees no need for more hikes

Nobel Prize-winning economist Christopher Pissarides believes there’s no need for the Federal Reserve to keep raising interest rates in the coming months, saying policymakers at the U.S. central bank should …

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Johns Hopkins economist Steve Hanke

by Walter Watson
Johns Hopkins economist Steve Hanke

The U.S. no longer has an inflation problem, according to veteran economist Steve Hanke. “I think the inflation story is history. One reason for that is that money supply has …

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This is ‘the end of the beginning’ of the battle against inflation, economist says

by Walter Watson
This is ‘the end of the beginning’ of the battle against inflation, economist says

U.S. Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a meeting of the Federal Open Market Committee (FOMC) at the headquarters of the Federal Reserve on …

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