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...
14:04 19 February 2022

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...
10:36 19 February 2022

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.
13:37 13 February 2022

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 ...
20:04 12 February 2022

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...
13:02 6 February 2022

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...
16:28 27 January 2022

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...
12:59 23 January 2022

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...
10:07 15 January 2022

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.
21:30 10 January 2022

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...
18:24 9 January 2022

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...
5:36 9 January 2022

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...
11:07 7 January 2022

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...
19:28 3 January 2022

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...
15:52 20 December 2021

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...
12:14 19 December 2021

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 ...
16:34 7 December 2021

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...
16:17 29 November 2021

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...
0:28 26 November 2021

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...
20:50 20 November 2021

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.
13:43 13 November 2021

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...
10:56 7 November 2021

The Latest: Powell says Fed working on inflation policy

WASHINGTON — The Latest on the Federal Reserve's monetary policy meeting (all times local):
19:07 30 October 2021

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...
1:33 26 October 2021

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...
15:16 25 October 2021

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...
13:18 25 October 2021

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 ...
15:07 23 October 2021