stagflation

On Wednesday, the Bank of England's minutes showed that policy makers were considering additional bond purchases as the British economy continues to struggle. The Bank of England's Monetary Policy Committee voted 8-1 to maintain the bond-purchase program at 200 billion pounds, Bloomberg reported...

On Tuesday and Wednesday the Federal Open Market Committee will meet to discuss future monetary policy. The decision the FOMC reaches may dictate the flow of the U.S. economy for the remainder of the year. According to The Wall Street Journal, the general consensus from economic commentators is...

With the Greek situation exacerbating in severity, investors are running for the safe-haven of the U.S. dollar. The U.S. dollar index rose roughly 0.20% on Thursday, approaching $76. Nearly all currencies declined against the dollar, as investors fearing a default by Greece may have shifted their...

For May, Jobless claims in the United Kingdom rose 19,600. That comes after a jump of 16,900 in April, according to Bloomberg. Most alarming is how sharply the data caught economists off guard. Bloomberg surveyed 22 economists and found that the median expectation was an increase of 6,500. The...