South Africa inflation slows ahead of elections 2024
Inflation in South Africa eased for the first time this year in March, dropping 0.3 percentage points to 5.3%, official data showed on Wednesday, ahead of general elections in May. …
inflation
UK inflation, March 2024
Inflation in the U.K. eased to 3.2% from 3.4% in March, the Office for National Statistics said on Wednesday, but a set of higher-than-expected figures spurred investors to push back …
Fed Chair Powell says there has been a ‘lack of further progress’ this year on inflation
Federal Reserve Chair Jerome Powell speaks during a press conference following a closed two-day meeting of the Federal Open Market Committee on interest rate policy at the Federal Reserve in …
Lagarde says ECB will cut rates soon, barring any major surprises
European Central Bank President Christine Lagarde on Tuesday said the central bank remains on course to cut interest rates in the near term, subject to any major shocks. Lagarde said …
Yellen to meet US allies during IMF, World Bank meetings, press China on growth
US Treasury Secretary Janet Yellen will meet finance ministers from US allies this week to discuss a number of issues, including shoring up supply chains, strengthening financial system stability and …
Iran-Israel conflict: Finmin, MEA keeping tabs on West Asia developments; policymakers gear up for any exigency
New Delhi: India’s policymakers and regulators are closely watching geopolitical developments in West Asia amid concerns any escalation could cause upheaval in the financial markets, disrupt exports and send crude …
Jamie Dimon warns that inflation, wars and Fed policy pose major threats ahead
JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill …
BlackRock’s Larry Fink sees Fed cutting rates twice this year but missing 2% inflation goal
DUBAI, UNITED ARAB EMIRATES – DECEMBER 04: Larry Fink, CEO of Blackrock, speaks at a roundtable discussion titled: “Financing the New Climate Economy,” during which he described the urgent need …
McDonald’s plan to offset California minimum wage hike? Bring bagels back
By Daniela Sirtori | Bloomberg California’s historic wage hike for fast-food workers drove McDonald’s Corp. to unusual lengths to help franchisees overcome rising costs. Bagel sandwiches — a fan-favorite breakfast …
I saved $1,700 eating leftover food from NYC’s top restaurants — what I got
Like so many other New Yorkers, Hani Mahmoud loves to go out to eat and try new things — but in an inflation-plagued city where everything seems to cost too much, …