The Iran war has pushed up gasoline, groceries and other prices for consumers.
The Trump administration is hoping to trick Americans into thinking that prices are going down—while the actual numbers ...
He has minimized soaring gas prices, rising inflation and the American economy’s need for the Strait of Hormuz.
The RBA’s higher-rate stance, oil-driven inflation risks, and China’s weak recovery are shaping the outlook for AUDUSD and ...
Riyadh: At a time when the global economy is grappling with strong waves of price pressures caused by the Iran war and disruption in the Strait of Hormuz, Saudi Arabia has managed to chart a different ...
Canada’s stock market suddenly looked a little less comfortable as oil, bonds, and inflation fears all moved in the wrong ...
"I think we recognize, as does the Fed, that the cure for lower oil is not higher fed funds rates," says Brad Long, the CIO ...
Pimco warns Fed rate cuts would be counter-productive as the Iran war drives energy prices and forces a hawkish policy stance ...
The Federal Reserve's easing bias is increasingly difficult to sustain and may need to give way to a tightening bias, Yardeni Research said, as a string of hotter-than-expected inflation data and a ...
The European Central Bank left interest rates unchanged as expected on Thursday but extensively debated a hike to combat ​soaring inflation and signalled both on and off the record that it may pull ...
The Consumer Price Index is expected to have jumped 3.8% over the last 12 months in April, amplifying concerns that inflation is threatening the economy and hurting household budgets. Rising fuel ...
The war in Iran is about to enter its 12th week and, with no end in sight, concern is growing about the impact on the real economy.