Rising rates will raise debt costs, curb spending, slow housing markets — but strengths persist
Solid funding, diversified portfolios have plans on strong footing
Reduced energy intensity, credible monetary policy tempers threat, BIS says
With pasta prices up nearly 20%, the annual CPI increase hasn’t been this high since 1991
The Fed chair appeared unconcerned Tuesday about the stock market's sharp decline over the past six weeks
"The U.S. consumer now appears to be single-handedly keeping the global economy afloat," economist said
Inflation in the 19 countries that share the euro currency hit 7.5% in April
But the situation is different from the '70s
Countries in the Middle East and Africa face unrest amid rising food, energy costs
Port activity drops, adding to inflation woes, Fitch says