U.S. stocks are higher on some good earnings reports and upbeat remarks from Fed boss.
Interest rates 'well positioned' for growth: US Fed's Powell
Investment in Turkey has fallen since a failed military coup in 2016.
Consumer prices rose in October as the U.S. economy continues to grow.
Hot gasoline prices warm up US inflation in October
Egypt's inflation lowest in nearly a decade
Mario Draghi, the outgoing President of the European Central Bank (ECB) presented a bell to his successor Christine Lagarde at a handing over ceremony earlier this week
US energy prices fell for the second month in a row in September
The union says government staff cannot even afford the cost of transportation to get to work
Pork prices surged almost 70 percent last month as swine fever ravages China's pig herds
US energy prices fell again in September and are down nearly 5% over the past year, holding down CPI
Dissenting voices have 'rarely been as loud and persistent'
US Federal Reserve Chair Jerome Powell said the economic picture is favorable although some of the data may not be as good as it looks
Esperanza Castillo, 74, waits for treatment at the clinic with her daughter
Not what the ECB has been aiming for
Some fear a return of the bad old hyperinflation days
Wall Street's three indices Thursday almost broke its record on a spate of encouraging news.
Incoming ECB President Christine Lagarde calls for an accommodative policy for the foreseeable future to help push inflation to about 2 percent.
Mary Daly, President of San Francisco Federal Reserve has expressed support for more U.S. monetary policy easing.
International Business Times poll on major U.S. economic releases scheduled for the week of August 12, 2019.
Britain’s economic growth is stagnating and there is an apprehension that the Brexit crisis has already pushed the U.K economy into a recession, according to a leading think tank.
International Business Times poll on major U.S. economic releases scheduled for the week of July 8, 2019.