Despite the large number of announced layoffs these past few months, the unemployment rate moved down to 3.4%. That’s tied for the lowest level since 1953. Of course, the politicians will take heaps ...
What is more, demand in many Asian countries is weak. Some places, including South Korea, are experiencing business-cycle ...
(Bloomberg) -- July’s data left no doubt: China is now clearly dealing with a deflation threat. Consumer and producer prices fell together for the first time since 2020, adding to concerns about the ...
Japan may be at an inflection point in its 25-year battle with deflation as price and wage rises show signs of broadening, the government said on Tuesday, signaling its conviction the economy was ...
China's economic woes continue to mount, as CPI figures released Wednesday showing 0.3% deflation. Pork prices are a significant driver of the consumer price index, and have fallen 26% year-on-year.
The US Federal Reserve building is seen past caution tape in Washington, DC, on September 19, 2022. - Stock markets wobbled following last week's rout as investors expect another big rate hike by the ...
Deflation could become a headwind for stocks, Morgan Stanley's Mike Wilson warned. That's because falling prices takes away firms' pricing power, which hurts earnings. "[T]his is a slippery slope for ...
The U.S. is experiencing deflation for the first time in three years. This trend is primarily observed in goods such as appliances, furniture, and used cars. What Happened: Industry experts predict ...
WASHINGTON (AP) — Many Americans are in a sour mood about the economy for one main reason: Prices feel too high. Deflation is a widespread and sustained drop in prices across the economy. Occasional ...