Inflation

Iran just slashed four zeros from its banknotes. But what does that mean?

A redenomination of the currency won’t make Tehran’s economic woes go away.

Gold prices predicted to hit $3,000 in 18 months

People are buying up gold as an investment, and trying to stave off inflation as the pandemic wreaks havoc on economies.

Surveys show coronavirus pandemic savaging global economy

Mirroring the emptying of supermarket shelves around the world, indebted corporates have rushed into money markets to hoard dollars, with a global shortage of greenback funding threatening to cripple firms from airlines to retailers.

Yemen's rival powers battle over banknotes

Yemen’s warring sides opened a new front in their five-year conflict on Saturday - a battle over old and new banknotes that threatens to create two economies in the same state.

Are we headed towards a revolution in economic policy-making?

The fallout from the 2008 global financial crisis refuses to go away and now leading economists may be looking to upend traditional neoliberal economic policy.

Turkish economy returns to growth, expanding 0.9 percent year-on-year in Q3

After going into recession last year, Turkey's economy has been showing signs of recovery as inflation fell to single digits in October, largely due to a so-called base effect.

Fed cuts rates a 3rd time this year but signals likely pause

Stocks are slipping in early trading on Wall Street as traders hold back ahead of an interest rate announcement from the Federal Reserve.

Peso volatility could be a deciding factor in Argentina’s election

President Mauricio Macri has struggled to contain runaway inflation and could pay the price in October’s presidential election.

Turkish Central Bank cuts year-end inflation forecast

The inflation rate will fluctuate between 11.5 percent and 16.3 percent through the end of this year, Central Bank Governor Murat Uysal said during Inflation Report 2019.

Turkey to see lower interest rates – finance minister Albayrak

Finance and Treasury Minister Berat Albayrak says over $10 billion in foreign investments entered Turkey since May, and the Turkish economy will grow "positively this year."

Soaring prices, rising anger in Imran Khan's Pakistan

One year after the former cricketer took office as prime minister, Pakistanis struggle with rising inflation, slow growth and sluggish reform.

Eurozone growth, inflation cut as risks from US trade grow

In its quarterly economic forecasts, the European Union's executive arm says prices will grow less than previously predicted, pushing the inflation rate further off the European Central Bank's target of close to but less than two percent.