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inflation rate

Russia’s sky-high interest rates will struggle to fight inflation in the sanctions-stricken economy, top Russian bank CEO says

Russia's interest rate hikes might not be an effective tool to fight inflation, the head...

The ruble’s in a slump. For the Kremlin, that’s a two-edged sword

Russia's ruble is sagging against other currencies, complicating the Kremlin's efforts to keep consumer inflation under control with one hand...

Bank of England set to cut interest rates gradually amid inflation fears

The Bank of England is likely to reduce borrowing costs gradually in the coming months, though it will remain “vigilant”...

Why could food prices go up when inflation is coming down?

Sainsbury’s has warned that shoppers will face higher inflation due to an “unexpected barrage of costs” delivered in last week's Budget.The supermarket chain says...

Bank of Canada worried jumbo rate cut would signal ‘economic trouble,’ deliberations show

Bank of Canada governing council members expressed concern that a 50-basis-point cut in October would signal “economic trouble” and worried...

US employers added just 12,000 jobs last month as hurricanes and strikes sharply reduce payrolls

WASHINGTON (AP) — America’s employers added just 12,000 jobs in October, a total that economists say was held down by...

Japan’s Nikkei rises nearly 1% after Big Tech stocks push Nasdaq to record high

HONG KONG (AP) — Asian markets were mostly lower on Wednesday but Japan's benchmark index gained nearly 1% after a...

With inflation below target, BoC expected to deliver supersized rate cut this week

OTTAWA — Forecasters expect the Bank of Canada to speed up the pace of interest rate cuts and lower its policy rate by half...

Canada inflation slips to 1.6% on lower gas prices

OTTAWA (Reuters) - Canada's annual inflation rate slowed more than expected to 1.6% in September, mainly on cheaper gasoline, but indicators of underlying price...

Spain 12-month EU-harmonised inflation falls to 1.7% in September

(Reuters) - Spain's European Union-harmonised 12-month inflation fell to 1.7% in September, down from 2.4% in the period through August, final data released by...

Asian stocks mixed as markets wait for China policy briefing

HONG KONG (AP) — Asian stocks were mixed on Friday as Chinese markets declined as investors await a key briefing about the details of...

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