Inflation was the cause, not the result, of the ‘hot’ labor market, research shows
Back in 2022, when the labor market was so hot that Beyoncé even released a song about it, Americans were job hopping in large numbers, boosting their salary in the process.
Powell led the Fed’s fight against inflation. It’s not over yet — and it could get even harder
Federal Reserve Chair Jerome Powell has steered the world’s most powerful central bank during a tumultuous period for the US ...
Why the Fed is likely to cut interest rates again despite inflation uptick, solid economy
The Federal Reserve is expected to cut interest rates for a 3rd straight meeting despite a recent inflation pick-up and solid economy and job market.
Federal Reserve is likely to slow its rate cuts with inflation pressures still elevated
Americans hoping for lower borrowing costs for homes, credit cards and cars may be disappointed after this week’s Federal ...
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Inflation on food and drinks nearly 40% as Nigerians celebrate Christmas
As Nigerians celebrate the festive season, surging inflation rates have significantly impacted household expenses, with food ...
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Nigeria’s inflation rate rises to 34.6% in November 2024, highest in 26 years
Nigeria’s headline inflation rose to 34.60% in November 2024 reflecting a further surge in the costs of goods and services ...