Expectations high, but inflation fears ease – Mike Dolan By Reuters

© Reuters. FILE PHOTO: A person shops for bread at a store in Manhattan, New York, U.S., March 29, 2022. REUTERS/Andrew Kelly/File Photo

By Mike Dolan LONDON (Reuters) – And just like that… he was gone. It may be a little premature to say goodbye to the above-target inflation rates that have plagued Western economies over the past three years. But it seems increasingly misguided to claim that the episode has reinforced expectations of higher inflation. While expectations … Read more

Fears of a US recession are gripping markets: but is the world’s largest economy really heading for a crisis?

Rates: The Federal Reserve, led by Chairman Jerome Powell (pictured), is under pressure to cut interest rates by 0.5%, rather than the expected 0.25%, at its next meeting in September.

When America sneezes, the rest of the world catches a cold: is the oft-quoted saying that reflects both the dominant role the US economy plays in the world and the importance of its stock and bond markets to the wealth of investors around the world. Well, he may not have sneezed in the last few … Read more