Inflation

European Central Bank President Christine Lagarde addresses European Parliament lawmakers during a monetary dialogue meeting at the European Parliament in Brussels, Thursday, Feb. 6, 2020. (AP Photo/Francisco Seco)
1010 WINS Newsroom
February 14, 2020 - 10:59 am
FRANKFURT, Germany (AP) — Imagine a mortgage that pays you the interest, not the other way around. Or a savings account where it's the bank, not the saver, who collects interest. Welcome to the upside-down world of ultra-low and negative interest rates that is taking hold in many parts of the world...
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FILE - In this Sept. 17, 2019, file photo, a gas pump reflecting current prices is seen in Orlando, Fla. On Thursday, Feb. 13, 2020, the Labor Department releases Consumer Price Index for January. (AP Photo/John Raoux, File)
1010 WINS Newsroom
February 13, 2020 - 8:36 am
WASHINGTON (AP) — U.S. consumer prices rose modestly last month, weighed down by falling gasoline prices. The Labor Department said Thursday that its consumer price index blipped up 0.1% in January after rising 0.2% in December. Over the past year, consumer inflation is up 2.5%, biggest gain since...
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Members of political parties and social movements protest the visit of an International Monetary Fund (IMF) delegation, one with a sign that reads in Spanish "Get out of Argentina IMF. No to the debt payment," in Buenos Aires, Argentina, Wednesday, Feb. 12, 2020. Argentina announced Tuesday that it will delay paying principal on a peso-denominated bond that had been due this week while it works on restructuring an overall debt it says is unpayable at a time of economic hardship. (AP Photo/Gustavo Garello)
1010 WINS Newsroom
February 12, 2020 - 3:04 pm
BUENOS AIRES, Argentina (AP) — Argentina has been here before: recession, growing poverty, high inflation, billions of dollars in debt, a looming deadline for repayment and simmering anger toward the International Monetary Fund. This is a big week for one of Latin America's biggest economies, which...
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A rainbow fills the sky over the Elysee Palace in Paris, Friday, Jan. 17, 2020. (AP Photo/Michel Euler)
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January 31, 2020 - 6:41 am
LONDON (AP) — The eurozone economy, which is made up of the 19 countries that use the euro currency, ended 2019 with a whimper and recorded its worst year of growth since it was mired in a debt crisis in 2013. In its first estimate for the quarter, statistics agency Eurostat said the eurozone grew...
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Mark Carney, Governor of the Bank of England attends the Bank of England's Monetary Policy Report news conference in the City of London, Thursday Jan. 30, 2020. The Bank of England on Thursday opted against cutting interest rates after a run of fairly firm economic data in the past week eased fears about a dramatic slowdown in the British economy. (Jonathan Brady/Pool via AP)
1010 WINS Newsroom
January 30, 2020 - 12:45 pm
LONDON (AP) — The Bank of England on Thursday opted against cutting interest rates amid signs of improvement in the British economy in the run-up to Britain's imminent departure from the European Union. The bank said in a statement that its Monetary Policy Committee voted 7-2 to keep the key U.K...
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Federal Reserve Chair Jerome Powell speaks during a news conference following the Federal Open Market Committee meeting in Washington, Wednesday, Jan. 29, 2020. (AP Photo/Manuel Balce Ceneta)
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January 29, 2020 - 6:04 pm
WASHINGTON (AP) — Just as the outlook for the global economy had been brightening in recent months, a new threat has suddenly emerged in the form of the viral outbreak in China. That was the cautionary message that Chairman Jerome Powell delivered Wednesday after the Federal Reserve held interest...
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FILE - In this Nov. 13, 2019, file photo Federal Reserve Board Chair Jerome Powell testifies on the economic outlook, on Capitol Hill in Washington. On Wednesday, Jan. 29, 2020, the Federal Reserve issues a statement and economic projections, followed by a news conference with Fed Chair Jerome Powell. (AP Photo/Jose Luis Magana, File)
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January 29, 2020 - 2:38 pm
WASHINGTON (AP) — The Federal Reserve kept its key interest rate unchanged at a low level Wednesday amid an economy that looks solid but faces potential global threats, including from China’s viral outbreak. The Fed sketched a mostly bright picture of the U.S. economy in the statement it released...
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President of European Central Bank Christine Lagarde smiles prior to a press conference following a meeting of the governing council in Frankfurt, Germany, Thursday, Jan. 23, 2020. (AP Photo/Michael Probst)
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January 23, 2020 - 11:53 am
FRANKFURT, Germany (AP) — The European Central Bank has decided to launch a top-to-bottom review of how it steers the economy in the 19 countries that use the euro currency. The review, the first since the global financial crisis, could include tweaking the bank's goal for inflation and finding...
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FILE - In this Oct. 13, 2019, file photo a farmer harvests soybeans in a field near Concordia, Mo. On Wednesday, Jan. 15, 2020, the Labor Department releases the Producer Price Index for December. (AP Photo/Charlie Riedel, File)
1010 WINS Newsroom
January 15, 2020 - 8:43 am
WASHINGTON (AP) — U.S. wholesale prices rose a slight 0.1% in December as a jump in the cost of energy was offset by falling food prices. The Labor Department said Wednesday the December increase in its producer price index, which measures inflation pressures before they reach the consumer,...
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Mark Carney, Governor of the Bank of England speaks at a Bank of England Financial Stability Report Press Conference, in London, Monday, Dec. 16, 2019. (AP Photo/Kirsty Wigglesworth,pool)
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January 15, 2020 - 5:07 am
LONDON (AP) — Inflation in Britain has fallen to its lowest level since late 2016, official figures showed Wednesday, in a development that is likely to heighten expectations that the Bank of England will cut interest rates later this month. The Office for National Statistics said consumer prices...
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