Consumer prices in the US rose more than expected last month in a sign that the inflation fight in the world's largest economy is far from over. Inflation jumped 8.2% in the 12 months to October, down from 8.3% a month prior. But what does this mean for business owners? We speak to Kymme Williams-Davis, who runs Bushwick Grind Coffee in Brooklyn, New York. E ... Show More
Aug 22
All eyes on Jerome Powell’s major speech at Jackson Hole
The Federal Reserve's annual summit is happening in the scenic setting of Jackson Hole kicks into high gear on Friday, with the Fed Chair, Jerome Powell, taking centre stage. UN agencies are warning that the global workforce needs better protection from excessive heat driven by w ... Show More
27m 35s
Aug 2022
Stocks rally on soft US CPI, but Fed members keep feet on the ground
US consumer prices eased in July, and they eased more than expected. US yields pulled lower after the CPI print, the US 10-year yield retreated, the US dollar slipped, gold gained, and the US stock markets rallied. The EURUSD jumped to 1.0370 mark, as Cable made another attempt t ... Show More
10m 17s
Jul 2022
Will rising interest rates actually lower prices?
US consumer prices rose more than forecast in June, hitting an annual pace of 9.1 per cent, and investors are shunning 20-year US government bonds. Plus, a clash of cultures and geostrategic interests sank a German-Chinese joint venture competing in the new space race.
This episo ... Show More
10m 26s
Jul 2022
Fed hikes rates, but next steps are uncertain
US interest rates are going up by 0.75% for the second month in a row, the drama surrounding Elon Musk’s halted Twitter takeover debacle is hurting the social media company’s advertising business and employee morale, and European gas prices are rising as Russia cuts gas flows to ... Show More
8m 58s
Oct 2022
U.K. Economy: All Eyes on the U.K.
As the U.K. deals with a bout of market volatility, political transitions, and sticky inflation, how will policy makers and the Bank of England respond, and where might the U.K. economy be headed from here? Chief Cross-Asset Strategist Andrew Sheets and U.K. Economist Bruna Skari ... Show More
8m 3s
Aug 2023
Banner Inflation, Banking Braves Out
The Inside Economics team dissects the July report on consumer price inflation and concludes that inflation is on track to be back to the Fed’s inflation target by this time next year. Well, OK, Cris thought more likely the end of next year. The discussion then turned to modest f ... Show More
1h 30m
May 2021
Consumer price data stokes inflation fears, US labour shortage
US stocks suffered their worst losses in months and government bonds also fell after government data showed the US inflation rate jumped to a 13-year high, and the Colonial pipeline has resumed operations following last week’s ransomware attack. Plus, the FT’s Taylor Nicole Roger ... Show More
8m 31s