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Reserve Bank of India Governor Shaktikanta Das on Wednesday said that the Monetary Policy Committee (MPC) of the central bank, in an off-cycle meeting, hiked the repo rate by 40...
E.J. Antoni, Tribune News Service How out of control is inflation? One measure says it all: Prices are now rising as fast in one month as they used to...
Turkey’s annual inflation will peak at around 70 per cent by June before declining to near 43 per cent by year-end, the central bank forecast on Thursday, almost quadruple its...
The World Bank has projected a contraction of the Ukrainian economy in 2022 to be 45 per cent and that of Russia to be 11.2 per cent. This is directly...
Crisis-hit Sri Lanka’s inflation hit a record high for the sixth consecutive month, official data showed on Friday as the government asked the IMF for an urgent bailout. The...
European companies are forecast to have coped with record inflation in the first quarter, but the big question for investors during the reporting season which begins in earnest next week...
Kevin Roberts and Derrick Morgan, Tribune News Service By early April, the average price for a gallon of gasoline in the US had reached $4.23, up more than 78%...
High cost of ‘fuel and power’ due to the Russia-Ukraine war along with those of primary articles pushed up India’s March 2022 wholesale inflation to a 4-month high level. Accordingly,...
Russia’s war on Ukraine threatens to devastate the economies of many developing countries that are now facing even higher food and energy costs and increasingly difficult financial conditions, a...
Historically low joblessness is the kind of thing American leaders dream of, but President Joe Biden also has nightmarishly high inflation that supporters and opponents alike believe may cost his...