Jacque Schrag/Axios New cars are very expensive — the average transaction price last month was $48,724, per Axios corporate cousin Cox Automotive. But, weirdly, that's not because of inflation in the ...
Russia’s central bank has left its benchmark interest rate at 21%, holding off on further increases as it struggles to snuff out inflation fueled by the government’s spending on the ...
The theory goes that a weaker economy will help bring inflation down more naturally, removing the need for higher borrowing costs to choke demand and keep a lid on the pace of price growth.