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inflation

Turkey ends hiking cycle after 8 months, holding key rate at 45%

by Walter Watson
Turkey ends hiking cycle after 8 months, holding key rate at 45%

Turkish flag over a DenizBank building. Turkey is expected to head to the polls on Sunday. Ismail Ferdous | Bloomberg | Getty Images Turkey’s central bank held its key interest …

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Analysts overwhelmingly expect BOJ to scrap negative interest rates in April

by Walter Watson
Analysts overwhelmingly expect BOJ to scrap negative interest rates in April

The Bank of Japan headquarters is seen in Tokyo on January 30, 2017. The Bank of Japan will pull the plug on its eight-year negative interest rate policy in April, according …

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Bank of England rate cuts likely later but larger, Goldman Sachs says

by Walter Watson
Bank of England rate cuts likely later but larger, Goldman Sachs says

Blurred buses pass the Bank of England in the City of London on 7th February 2024 in London, United Kingdom.  Mike Kemp | In Pictures | Getty Images The Bank …

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BHP half-year profit beats expectations, inflation impact recedes

by Walter Watson
BHP half-year profit beats expectations, inflation impact recedes

In this photo illustration, BHP logo of a multinational mining, metals and petroleum company is seen displayed on a smartphone in front of BHP Billiton logo. The world’s largest listed miner …

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Who was the worst president for inflation?

by Vera Ward
Who was the worst president for inflation?

It’s Presidents’ Day, and to honor the nation’s top bosses, I figured an economic scorecard would be helpful. Now, the commander-in-chief probably gets too much blame – or too much …

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China’s central bank leaves key policy rate unchanged under shadow of the Federal Reserve

by Walter Watson
China’s central bank leaves key policy rate unchanged under shadow of the Federal Reserve

A man walks past the People’s Bank of China (PBOC) building on Dec. 25, 2023 in Beijing, China. China’s central bank left a key policy rate unchanged as expected on Sunday …

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china: China leaves key rate steady as yuan limits manoeuvring room

by Ron Morgan
china: China leaves key rate steady as yuan limits manoeuvring room

Beijing: China refrained from cutting a key policy interest rate as its central bank sought to shield the yuan from volatility, underscoring the challenges policymakers face as they try to …

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Are California pay raises keeping pace with inflation? – Daily News

by Ron Morgan
Are California pay raises keeping pace with inflation? – Daily News

We all complain about California’s surging cost of living, and it’s a legitimate beef. The state is no stranger to the nation’s worst bout of inflation in four decades. Yet …

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Ontario electronics retailer Factory Direct to liquidate stores

by Anas Siddiqui
Ontario electronics retailer Factory Direct to liquidate stores

Toronto Court documents show the discount electronics and home goods retailer wanted to close its 14 stores in the province because it has found the business is “no longer viable.” …

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January wholesale prices rise more than expected, sign of inflation

by Walter Watson
January wholesale prices rise more than expected, sign of inflation

Wholesale prices rose more than expected in January, further complicating the inflation picture, according to a U.S. Department of Labor report Friday. The producer price index, a measure of prices …

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