Economic News
Policies to curb carbon emissions insufficient as energy demand rises - IEA
Current government policies to curb carbon emissions and save the world from climate catastrophe are falling short for the 2040 goal as energy demand is rising.
Policy settings at an appropriate level, Fed's Powell says
The head of the Federal Reserve sounded a confident note on the economic outlook on Wednesday and appeared to signal that the central bank's monetary policy was likely set to remain at its current level for an extended period.
US core CPI dips unexpectedly in October
The cost of living in the US increased more quickly than expected last month amid rapid increases in food and energy prices, especially for the latter, but stripping out those two categories it surprised to the downside.
UK inflation falls to lowest level in nearly three years
The UK's headline inflation rate fell to its lowest level in nearly three years in October, according to figures released by the Office for National Statistics on Wednesday.