Procter & Gamble's recent product price hikes represent an unrecorded form of inflation facing the American consumer.
For the investor and financial education advocate, inflation erodes the purchasing power of the dollar savings of the poor and the middle class who depend solely on it.
Inflation remains elevated above the Federal Reserve's official targets -- no matter how you measure it -- complicating the Fed's interest rate policy.
The US Federal Reserve's fight against inflation seems to be heading in the right direction, while the US economy remains resilient, a senior Fed official said Wednesday.
Inflation raises the cost of producing goods and services, recorded in the second line of the income statement, and therefore, cuts into gross margins. Interest rates raise the cost of credit, and therefore, reduce net earnings.
Global trade growth will be sharply lower than forecast this year as stubborn inflation, high interest rates and the war in Ukraine pressure economies around the globe, the World Trade Organization said Thursday.
Turkey's annual inflation rate held steady near 60 percent last month, official data showed Thursday, offering the first evidence that President Recep Tayyip Erdogan's economic policy U-turn was working.
The pause comes after 14 consecutive increases as consumer prices in the UK rise less than expected.
After 11 interest rate increases since March last year, inflation has fallen sharply but remains stuck stubbornly above the Fed's long-run target of two percent per year -- keeping pressure on officials to consider further policy action.
Retail sales in the United States accelerated slightly in August, government data showed Thursday, as a spike in gas prices boosted sales at service stations.
In June, IMF provided a $3 billion bailout package to cash-strapped Pakistan. At the time, Pakistani officials nodded to a significant increase in electricity costs as part of the bailout package.
A key US inflation measure used by the Federal Reserve to set interest rates rose in July, due largely to another jump in the cost of services, according to government data published Thursday.
When bond yields rise, the opportunity cost of capital committed to equities rises, and therefore, the expected return on equities decreases. As a result, equities command lower valuations.
P&G's price hikes may continue as the company faces cost pressures on several fronts.
A key indicator of US inflation cooled in June to the lowest annual rate in over two years, although this remains above the central bank's target, according to government data released Friday.
Signs are emerging that the U.S. economy may not enter into a recession in 2023, as previously predicted. Recent inflation and jobs data shows signs that the U.S. economy is starting to cool.
Wednesday's data showed inflation is at its lowest since early 2021, but it remains a "core" issue for the US economy.
Zimbabwe's inflation was running at an annual rate of 176% in June, while interest rates stand at 150%. That makes experts skeptical about the rally in Zimbabwe's equities, warning investors of the potential risks.
Turkey's annual inflation rate slowed to 38.2 percent in June, official data showed Wednesday, although economists warned that this may be a low point for the year.
"It's been coming for 11 months, well guess what? I don't think it is going to come," the president said while speaking at a private fundraiser in Chevy Chase, Maryland, on Tuesday.
AI systems will ease labor shortages, raise productivity, and fuel supply-side growth, solving the inflation problem.
In its regular June meeting last week, the Fed sent a clear and loud message to markets: Fighting inflation isn't done. Interest rate hikes will continue for the rest of the year until inflation reaches the official goal of 2%.
