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Consumer prices rose 8.5% in July, less than expected as inflation pressures ease a bit
This was a good week for inflation numbers, but whether it can last is the big question
Producer price index July 2022: Wholesale inflation fell 0.5%
The easing of inflation pressures is giving the economy some breathing room, for now
FAO food price index fell sharply in July but the respite may not last
UK cash withdrawals hit a record high as Brits grapple with inflation
The U.S. economy has yet to face its biggest recession challenge
Fed Governor Bowman sees ‘similarly sized’ rate hikes ahead after three-quarter point moves
Despite strong jobs report, Black workers see rise in unemployment
US recession looks likely, there are 3 ways the economy could get hit
U.S. Treasury secretary on supply chain resilience: Use friend-shoring
China U.S. debt holdings go under $1 trillion for 1st time in 12 years
Fed report finds higher fears of inflation and potential recession
Inflation rose 9.1% in June, even more than expected, as consumer pressures intensify
Sales rose more than expected as consumers remain resilient despite inflation
Gain 11.3% on surge in energy costs
Housing wealth gains record $1.2 trillion, but signs suggest market is cooling
Fed GDP tracker shows the economy could be on the brink of a recession
Mortgage demand falls to the lowest level in 22 years
Claims hit 229,000, the highest level since January
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