Tag: Inflation
US stocks open lower, pulling further back from records
Stocks are opening broadly lower on Wall Street, pulling major indexes a bit further below the record highs they marked at the beginning of...
US 30-year mortgage rate falls for 3rd week to average 2.88%
WASHINGTON — Mortgage rates were mixed this week. The benchmark 30-year loan fell for the third straight week amid lingering concerns over the recent...
US 30-year mortgage rate falls for 3rd week to average 2.88%
WASHINGTON — Mortgage rates were mixed this week. The benchmark 30-year loan fell for the third straight week amid lingering concerns over the recent...
As prices rise at rapid pace, Fed chief seeks patience
WASHINGTON — For anyone watching with concern as prices surge for everything from food and gas to airplane tickets and clothes, the message from...
As prices rise at rapid pace, Fed chief seeks patience
WASHINGTON — For anyone watching with concern as prices surge for everything from food and gas to airplane tickets and clothes, the message from...
UK inflation rises to highest level in nearly 3 years
LONDON — Official figures show inflation in the U.K. rising to its highest level in nearly three years because of increases in the prices...
Powell says inflation will be ‘elevated’ in coming months
WASHINGTON — Federal Reserve Chair Jerome Powell says that inflation “will likely remain elevated in coming months" before “moderating,” an apparent acknowledgement that price...
Europe’s central bank intensifies focus on climate change
FRANKFORT, Germany — The European Central Bank has adopted a new approach to managing the economy that would allow the bank to tolerate transitory...
Earnings boom is expected a year after pandemic-driven skid
LOS ANGELES — Wall Street is gearing up for a slew of blockbuster earnings over the next few weeks as companies issue their results...
EU upbeat over economic growth, concerned about inflation
BRUSSELS — European Union economies are set to rebound by their highest rates in decades as coronavirus restrictions ease, but still face risks posed...
