Euro zone inflation is back above 3%. Higher interest rates are likely to follow
People sunbath and swim during the African heatwave in Naples on August 4, 2026. Anadolu | Anadolu | Getty Images
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Economy
Bank of England chief warns new AI models threaten global financial stability
Andrew Bailey, governor of the Bank of England (BOE), during a Bloomberg Television interview at the Reykjavik Economic Conference in
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India’s economy expands 7.8% in fiscal first quarter, beating estimates
Girls buy a rakhi from a roadside stall in Nagaon District, Assam, India, on August 26, 2026, ahead of Raksha
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China’s factory activity shrinks for second straight month, contracting less than expected
LIUZHOU, CHINA – JULY 25: Robotic arms assemble auto parts at the workshop of Guangxi Liuzhou Zhuotong Auto Parts Co.,
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Singapore tackles finances and culture to avert a demographic crisis
An employer feeds a baby at the My Queen confinement center in Singapore, on Monday, Feb. 19, 2024. Bloomberg |
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K, C or E? Why economists can’t agree on the shape of today’s economy
C. K. E. Those aren’t initials or Greek life letters. They’re some of the terms that economists, corporate leaders and
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Fed Chairman Warsh expresses concern about inflation, advocates for ‘quieter’ central bank
Federal Reserve Chairman Kevin Warsh expressed concern Friday about elevated inflation while hinting that interest rates could need to move
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Fed’s Hammack says ‘now is the time to act’ on raising interest rates
Cleveland Federal Reserve President Beth Hammack on Thursday repeated her call for higher interest rates, saying recent inflation data shows
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Fed’s preferred inflation gauge shows core prices rose 3.3% annually in July
Prices consumers pay for a variety of goods and services rose slightly in July, according to the Federal Reserve’s main
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Stanley Druckenmiller leads doubters who think Bessent’s bond ploys will fail
Treasury Secretary Scott Bessent’s bond market interventions have generated a modest decline in yields along with a growing chorus of
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