Consumer prices rose at an annual rate of 10 percent in November, down from 10.6 percent a month earlier, the first moderation in 18 months.
Tag: Interest Rates
The Job Market’s Cues
Two measurements tell two stories about the strength of U.S. employment.
Rishi Sunak Will Face Difficult Economic Tests Immediately
As prime minister, Mr. Sunak will face a vastly different economic backdrop to the one he experienced as finance minister.
Rishi Sunak will face difficult economic tests immediately.
As prime minister, Mr. Sunak will face a vastly different economic backdrop to the one he experienced as finance minister.
As the Bank of England’s Intervention Ends, Unease Returns to the Bond Markets
A two-and-a-half-week program of bond buying came to a close on Friday, leaving investors nervous about what will happen when markets reopen on Monday.
U.K. Borrowers React to Soaring Interest Rates in Mortgage Market
The financial turmoil in Britain has led to soaring interest rates, prompting many lenders to withdraw products and stoking worry among homeowners about rising costs.
Truss Takes a Bold Economic Gamble. Will It Sink Her Government?
Three weeks into her term, Prime Minister Liz Truss’s financial plans have thrown the markets and Britain’s currency into chaos and put her future in peril.
Wall Street Remains Unsteady After a Painful Stretch for Investors
Concerns about rising interest rates and the prospects of a global slowdown remain.
Strong Dollar Is Good for the US but Bad for the World
The Federal Reserve may have no choice but to wage a relentless inflation fight, but countries rich and poor are feeling the pain of plunging currencies.
Your Friday Briefing: Men Flee Russian Conscription
Plus Japan props up the yen and Cambodia concludes its Khmer Rouge trials.