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China’s biggest problem is a ‘lack of confidence,’ Standard Chartered CEO says
Investors are closely watching China, whose stock market gyrations, deflation problem and property woes are casting a shadow over global growth outlook.
The PCE price index was expected to increase 0.1% in June and 2.5% from a year ago.
Gross domestic product in the second quarter was expected to show a 2.1% annualized increase.
The situation has many on Wall Street scratching their heads about why the inverted curve has been so wrong this...
For Turks who own assets like homes, wealth has grown as inflation pushes the costs of those assets up.
The Office for National Statistics released inflation figures for June on Wednesday.
Former President Donald Trump told Bloomberg Businessweek that he would let Fed chief Jerome Powell complete his term if he...