The dollar hovered near a two-decade high against major peers on Wednesday, ahead of a key reading on inflation that should provide clues on how aggressive the Federal Reserve will be in tightening monetary policy. The dollar index, which measures the currency versus six rivals, was around flat at 103.92, […]
inflation
Toll Bros. founder selling more coal, cars and appliances, warns supplies are getting scarce as inflation rises
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Bruce E. Toll, co-founder in 1967 of Fortune 500 homebuilder Toll Bros., has long since diversified his fortune from the Fort Washington-based firm. His firm BET Investments Inc. has bet on health care, medical, information technology and telecom companies. And in Pennsylvania he owns coal fields and auto dealers and […]
Some Montana industries ‘feeling the squeeze’ of inflation more than others, business groups say | Montana News
(The Center Square) – Inflation has hit some Montana businesses hard, and others have felt less of an effect, something state economic development experts say depends on their business sector. “Some businesses are being horribly impacted by inflation. And others depending on how they’re balanced and what their product is it […]
Czech central banker favours rate hikes to wider FX sales to stem inflation
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A man holds an umbrella in front of the Czech National Bank in Prague, Czech Republic, August 3, 2017. REUTERS/David W Cerny Register now for FREE unlimited access to Reuters.com Register PRAGUE, March 21 (Reuters) – The Czech central bank is likely to raise interest rates again on March 31 […]
FSU finance expert: Fed had to respond to high inflation
William Christiansen, longtime chair of the finance department in Florida State University’s College of Business. Soaring inflation and its threat to the U.S. economy gave the Federal Reserve no choice but to raise interest rates this week and to signal further increases in the coming months, said William Christiansen, longtime […]