The October inflation report showed that consumer prices increased by 7.7% from the previous year

Inflation fell last month to the slowest pace since January but remained elevated, which could keep Fed officials on the right track Starting to slow down the pace of interest rate hikes Designed to tame price pressures. The Ministry of Labor said on Thursday that it has The Consumer Price Index rose 7.7%. in October … Read more

The rise of the dollar causes problems for global economies

The US dollar is experiencing a one-time high in a generation, a rise that threatens to get worse slowdown in growth The inflation problems of global central banks are amplified. The dollar’s role as the primary currency in global trade and finance means that its fluctuations have wide-ranging effects. Currency strength is felt in Fuel … Read more