Nov 10 (Reuters) – Czech consumer prices in October fell on a monthly basis for the first time since the end of 2020 as state measures to cool utility bills kicked in, data showed on Thursday, bolstering central bankers’ arguments to keep interest rates steady. After sharp rate hikes since 2021, the Czech National Bank...Read More

Dollar strength has been the talk of the currency trading world for most of the year. The U.S. dollar index , which measures the dollar’s value relative to a basket of world currencies, rose to a two-decade high in September. It’s also hit all-time highs against several major currencies in recent weeks, including the British...Read More

November 09, 2022 ** The economic impact report is a result of Shaheen’s bipartisan bill that was signed into law in 2016.**   (Washington, DC) – U.S. Senator Jeanne Shaheen (D-NH) lauded a report by the U.S. Bureau of Economic Analysis (BEA), showing the significant economic impact of the outdoor recreation sector in 2021. The Outdoor...Read More

It is the great economic guessing game about China: When will the Chinese government ditch its zero-tolerance approach to Covid-19? Companies and manufacturers are worrying about their profits, while uncertainty is rippling through financial markets. Global leaders and policymakers are sizing up Beijing’s moves as part of their own growth calculations, given China’s central role...Read More

CLEVELAND, Ohio – Cuyahoga County voters turned out in large numbers with very different viewpoints, but shared strong feelings about there being a lot at stake on Election Day Tuesday. The health of the economy, abortion rights, and claims of election fraud and misinformation were some of the key divisive issues voters cited as they...Read More

Producers of metals and other raw materials rallied amid hopes that the dollar had peaked against other currencies. The dollar continued to lose ground ahead of results from the midterm elections and inflation data. The U.S. dollar index, which tracks the value of the greenback against a basket of rival currencies, is down by about...Read More

Questions are increasingly being raised about whether the Federal Reserve should be kinder and gentler in its rate-hiking campaign, taking into account the strains from higher dollar borrowing costs and a surging dollar on foreign economies. The answer is no – the Fed’s job is at home. Chair Jerome Powell routinely responds to these questions...Read More

November 8, 2022 JAKARTA – The world is facing unrelenting problems. Still reeling from the crisis caused by the COVID-19 pandemic, the global economy is again faced with no less serious challenges — the Russia-Ukraine war, which caused food and energy supply disruptions, and high inflation. At the fourth high-level meeting of the Finance Ministers...Read More

Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. New York CNN Business  —  The economy of the 2020s is a tough one to read. Like, are we in a recession? Technically, no, but “technically” is carrying a lot of...Read More

anyaberkut / Getty Images/iStockphoto Just in time for the holidays, wanderlust may be kicking in again if flight bookings are any indication of such. But with inflation at a four-decade high, many Americans might reassess or delay their travel plans. A new study however, could make some would-be tourists reconsider this — as your dollar...Read More