Wolf Richter with Adam Taggart on Thoughtful Money.
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The Data Mess. Markets, Interest Rates & Inflation and There’s Still No Recession; Risks of Financialization & Overleverage
Finance
Inflation Saga Far from Over: Services CPI in the Euro Area Refuses to Slow for 8th Month in a Row
By Wolf Richter for WOLF STREET. In the 20 countries that use the euro, inflation in services increased again by 4.1%, same increase as in May – and both were the highest since October. The service CPI has […]
Zero Edge
Futures Fluctuate As Traders Await Next Inflation Signal
US futures trade in a narrow range on Tuesday following Monday’s rout, as investors weighed stronger-than-expected economic data and the potential that Federal Reserve rates will peak at a higher level. Contracts on the S&P […]
Aljazeera International
Despite inflation, Egyptians dig deep to give charity in Ramadan
In a time of dire economic trouble, Egyptians are holding fast to the Ramadan tradition of charity, with both donors and those in need pinning hopes on holiday generosity. Families have buckled under the weight […]