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July 7, 2024
global markets are eagerly waiting for the latest us inflation numbers and whether they will give any indication the rate has peaked. last week there was unexpectedly strong us jobs data which added to expectations the worlds biggest economy is able to withstand a sharp interest rate rise by the federal reserve. but if inflation continues to soar it could change the likelihood of an aggressive big hike by the central bank. heres our north america business correspondent michelle fleury....
August 10, 2022
Expect the rate to call slightly to 8.7%. if that is the case that was ignored some welcome relief for us consumers and there are signs that americans do not expect inflation to continue at these levels for long. in addition, congress is about to pass the inflation reduction act which at least for a short time should ease pressure on prices. the president has been keen to talk up the help to consumers and the new investments in green energy and healthcare will bring. £31 green energy and health...