Soaring Petrol Costs Drive UK Inflation To 30-Year High

Prices are rising at their fastest rate for 30 years, driven by a sharp increase in petrol and diesel costs. The UK inflation rate rose...

US ‘Bluntly’ Warns China To Avoid Supporting Russia’s Invasion in Ukraine

Washington , March 15 (ANI): US President Joe Biden's National Security Adviser warned a top Chinese official on Monday (local time) about Beijing's support...

Rising Fuel And Food Costs Push US Inflation To 7.9%

Price increases in the US continued to surge last month, pushing the annual inflation rate up 7.9%. That is the biggest year-on-year leap since 1982...

Global Bonds, Stocks Fall as Inflation Fears Mount

Global bond yields rose and most stocks fell on Monday as surging energy prices cemented worries about inflation and reinforced bets on policy tightening. Consumer...

Inflation Climbs Higher than Expected in June As Price Index Rises 5.4%

Inflation surged in June at its fastest pace in nearly 13 years amid a burst in used vehicle costs and price increases in food and energy.

Fed’s Bullard Warns Inflation Could Be Higher Than Expected in 2022

St. Louis Fed President James Bullard says the US central bank needs to begin tapering discussion.

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