US wholesale prices up 0.5% in January, most since late 2018
WASHINGTON (AP) — U.S. producer prices climbed last month at fastest pace since October 2018 as higher prices for servic...
UK inflation jumps higher, reducing likelihood of rate cut
LONDON (AP) — Consumer price inflation in Britain jumped higher in January, official figures showed Wednesday, undermini...
US consumer prices up 0.1% in January; gasoline prices fall
WASHINGTON — U.S. consumer prices rose modestly last month, weighed down by falling gasoline prices.
Argentina and IMF discuss debt in shadow of 2001 crisis
BUENOS AIRES, Argentina — Argentina has been here before: recession, growing poverty, high inflation, billions of dollars in debt, a looming deadline ...
Lagarde: Central banks have less room to combat a downturn
FRANKFURT, Germany — European Central Bank head Christine Lagarde has warned that the world's central banks have less room to stimulate the economy in...
Fed seems content with low rates but confronts challenges
WASHINGTON — For the first time in years, Federal Reserve officials will hold their latest policy meeting this week feeling broadly satisfied with whe...
European Central Bank holds rates, launches policy review
FRANKFURT, Germany — The European Central Bank has decided to launch a top-to-bottom review of how it steers the economy for 342 million people in the...
UK inflation at lowest since late 2016, stokes rate cut talk
LONDON — Inflation in Britain has fallen to its lowest level since late 2016, official figures showed Wednesday, in a development that is likely to he...
US stocks pull back from records following jobs report
NEW YORK — U.S. stocks fell from their record heights on Friday after a report showed hiring was a touch weaker than expected last month.
Fed should focus on fighting low inflation, official says
WASHINGTON — A top Federal Reserve official believes that the U.S. central bank needs to re-orient its thinking and policies toward fighting inflation...
Soaring pork prices keep China’s inflation at 7-year high
BEIJING — Soaring pork prices that nearly doubled in December over a year ago kept inflation at a seven-year high despite government efforts to ease m...
Eurozone inflation hits 6-month high before oil price spike
LONDON — Inflation across the 19-country eurozone spiked to a six-month high in December even before the recent jump in oil prices in the wake of esca...
Federal Reserve last month saw a declining risk of recession
WASHINGTON — The Federal Reserve’s policymaking committee saw much less risk of recession at its meeting last month, when it kept interest rates stead...
US consumer spending up 0.4% in November, best since July
WASHINGTON — Americans increased their spending in November at the fastest pace in four months, and income growth rebounded to its strongest gain sinc...
Swedish central bank ends pioneering era of subzero rates
COPENHAGEN, Denmark — Sweden's central bank has ended a five-year experiment of keeping its benchmark interest rate below zero, a policy that other co...
Protests subside, but economic aftershocks rattle Haitians
Port-au-Prince — The flaming barricades are mostly gone, protesters have largely dissipated and traffic is once again clogging the streets of Haiti’s ...
How a central banker’s low-rate shift showed the way for Fed
RICHMOND, Virginia — In mid-2016, even with unemployment falling and the economy growing modestly, James Bullard, head of the St. Louis Federal Reserv...
Powell: Solid economy but tame inflation allows low rates
Federal Reserve Chairman Jerome Powell is sketching an optimistic view of the economy but signaling that continued low inflation means higher interest...
Fed minutes: Officials felt 3 cuts this year could be enough
WASHINGTON — Most Federal Reserve officials believed last month that the three rate cuts they have made this year would be enough unless the economy w...
US consumer prices up 0.4% in October; gasoline prices surge
WASHINGTON — Surging gasoline prices caused U.S. consumer prices to rise last month at the fastest pace since March.
Eurozone forecast for long period of weak economic growth
LONDON — The European Union's executive branch has cut its growth forecasts for the 19-country eurozone for this year and next and warned that conditi...
The Latest: Powell says Fed working on inflation policy
WASHINGTON — The Latest on the Federal Reserve's monetary policy meeting (all times local):
Venezuelans buy gas with cigarettes to battle inflation
CARACAS, Venezuela — Motorists in socialist Venezuela have long enjoyed the world's cheapest gasoline, with fuel so heavily subsidized that a full tan...
Argentina’s Peronists seek return in polarized election
BUENOS AIRES, Argentina — Frustration over a bruising economic crisis and rising poverty has eroded support for Argentina's pro-business incumbent ahe...
Hundreds rally during Zimbabwe’s new anti-sanctions holiday
HARARE, Zimbabwe — The massive march that Zimbabwe's government tried to rouse for a new anti-sanctions public holiday appeared to fizzle on Friday, w...
Uncertainties escalate for Fed as it weighs another rate cut
WASHINGTON — The Federal Reserve finds itself in an unusually delicate spot as it considers how much more to try to stimulate an economy that's still ...