Wall Street is making a game plan for a fed-funds rate that some think could hit 6%, the highest since 2000.
The Reserve Bank of Australia is confident inflation will ease gradually through 2023, but it admits the fog hanging over its forecasts for the economy is unusually thick.
Consumer-price inflation also slowed to a five-month low, a reflection of the economic toll from Covid restrictions and a real-estate slide.
Faced with soaring inflation and an energy crisis, European politicians are adding thousands of public-sector jobs, guaranteeing business loans, subsidizing energy bills and splurging on infrastructure.
NEWSLETTERS
Global Calendar
THURSDAY, NOV 10
- ECB’s Enria participates in De Nederlandsche Bank seminar
- Roundtable discussion with ECB’s Schnabel at Bank of Slovenia
- U.S. weekly jobless claims
- U.S. consumer-price index for October
- Dallas Fed’s Logan speaks at ‘Energy and the Economy: The New Energy Landscape’ conference
Data & Interactives
Seven dozen senior executive-branch employees disclosed a total of 80,000 stock and fund trades in the past six years.
The Journal has put together a price tracker of common items that many Americans buy monthly to see the direction of prices that matter to you.
Households in lower-income countries typically spend a higher percentage of their income on food, making the pain of food inflation more extreme.
The economy’s second-straight decline in output sparks debate—and the waiting game.
Economists estimate the U.S. economy barely grew in the second quarter, raising a stagflation alarm.