Topic

Inflation

Inflation is the rate at which prices for goods and services rise over time, eroding what money can buy. Central banks raise interest rates to cool it and cut them when it fades.

2 stories on Inflation, newest first.

6 hours ago2 min read5 sourcesBullish

Bank of Israel Cuts Rate to 3.5% and Signals More Easing Ahead

The Bank of Israel lowered its benchmark interest rate by a quarter point to 3.5%, its second straight cut, and Governor Amir Yaron signaled that rates can keep falling as inflation cools and a strong shekel does some of the central bank's work for it. The bank's own projections see the rate down at about 3% within a year, and Yaron said easing could come 'at faster paces' if inflation expectations drop toward target.

Be the first to vote0 votes

5 days ago1 min read2 sources

Markets wrap Q2 as Nike, egg prices grab attention

Stock markets closed out the second quarter while investors digested Nike's latest earnings results and kept watch on climbing egg prices. The roundup of key trading developments sets the stage for the second half of the year.

Be the first to vote0 votes

Bank of Israel Cuts Rate to 3.5% and Signals More Easing Ahead

Markets wrap Q2 as Nike, egg prices grab attention

Your daily economic brief, over lunch.