Inflation peaked in 2022 at its highest levels since the early 1980s. However, consumers saw prices fall for certain items, largely in consumer electronics, used cars and beef. Prices for rental cars ...
The Pandemic, and the War in Ukraine – two once-in-a-century down-shocks – sandwiched around a $9 Trillion stimulus up-shock (by the IMF’s count) put the global economy through a massive whiplash. All ...
Ecommerce experienced price deflation for the first time in more than two years in July, but consumers spent less in July 2022 compared with June, according to Adobe data that tracks online prices ...
Despite the large number of announced layoffs these past few months, the unemployment rate moved down to 3.4%. That’s tied for the lowest level since 1953. Of course, the politicians will take heaps ...
Mr. Tooze is an economic historian, the director of the European Institute at Columbia University and the author of the Chartbook newsletter. Around the world, rapid economic recovery from the Covid ...
Federal Reserve Chairman Jerome Powell has a big problem, and he can’t do anything about it. Gasoline prices in the United States, which have fallen for 91 consecutive days, are expected to have ...
Cathie Wood, Wall Street's most vocal proponent of deflation, is getting a few high-profile supporters even as price pressures continued to surprise to the upside. Jeffrey Gundlach and Elon Musk ...
Inflation is starting to 'drop like a rock' rather than a feather, according to Fundstrat's Tom Lee. Lee observed outright deflation in some areas of the economy, suggesting that inflation is less ...
MINSK, 9 November (BelTA) – Belarus had deflation in October, Deputy Minister of Antimonopoly Regulation and Trade Andrei Kartun told journalists on 9 November, BelTA has learned. “The price ...
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