ECONOMY

Some see Bank of England’s actions compromising inflation mission; central bankers say their goals aren’t in conflict

Pace of consumer-price gains remained near a four-decade high, according to the Fed’s preferred measure

Policy maker says officials are monitoring financial-market turbulence as global interest rates rise rapidly

Once rebuilding starts, regional economies typically bounce back

Households have maintained spending power despite a slowdown of the U.S. economy

Consumer prices in the currency area are now rising at a much faster pace than in the U.S., with the ECB set for a series of interest rate rises

Slowing exports, Covid-19 lockdowns prompt many economists to slash China growth forecasts for 2022 and 2023

The country’s central bank has sought to slow, rather than halt decline of currency

Applications for unemployment benefits have fallen below the prepandemic average as employers hold on to workers in a tight labor market

David Malpass warned that the risk of a global recession is ‘a pressing danger’ for poorer nations and their development