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Argentina’s inflation rate expected to hit 95% this year

Argentina’s inflation rate expected to hit 95% this year

© Reuters. FILE PHOTO: Pedestrians pass by Argentina’s Banco Central (Central Bank) in Buenos Aires’ financial district, Argentina, January 8, 2018. REUTERS/Agustin Marcarian/File Photo BUENOS AIRES (Reuters) – Economists hiked their estimate for annual inflation in Argentina this year to 95%, a monthly poll published Friday by the central bank showed, as the country struggles…

Fed officials reluctant to call inflation peak as policy meeting looms

Fed officials reluctant to call inflation peak as policy meeting looms

© Reuters. The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. REUTERS/Sarah Silbiger By Howard Schneider and Lindsay (NYSE:LNN) Dunsmuir WASHINGTON (Reuters) – Federal Reserve officials on Wednesday said they still aren’t convinced the worst of the U.S. inflation scare has passed, in comments…

U.S. firms see tentative progress on inflation and labor supply, Fed says

U.S. firms see tentative progress on inflation and labor supply, Fed says

© Reuters. A “now hiring” sign is displayed outside Taylor Party and Equipment Rentals in Somerville, Massachusetts, U.S., September 1, 2022. REUTERS/Brian Snyder (Reuters) -U.S. firms reported economic activity was unchanged in July through late August, with further softening expected over the next year even as they saw some tentative greenshoots in the ongoing battle…

Trump escalates feud with Mitch McConnell, trying to claim credit for his longstanding status as least popular senator

Trump escalates feud with Mitch McConnell, trying to claim credit for his longstanding status as least popular senator

Former President Donald Trump gloated over a poll identifying Mitch McConnell as the least popular US senator, making the questionable claim that he was to thank.In the latest attack in his feud with the Senate minority leader, Trump posted a screenshot Monday of a Morning Consult poll on his Truth Social page. It was accompanied…