Banco Santander SA

‘Supercore’ inflation measure shows Fed may have a real problem

by

US Federal Reserve Chair Jerome Powell attends a “Fed Listens” event in Washington, DC, on October 4, 2019. Eric Baradat | AFP | Getty Images A hotter-than-expected consumer price index reading rattled markets Wednesday, but markets are buzzing about an even more specific prices gauge contained within the data — the so-called supercore inflation reading. … Read more

Brits are going through a significant mortgage disaster as lending charges soar

by

Homes pictured on eighth June 2023 in Halifax, United Kingdom. U.Ok. debtors are going through sharply larger mortgage prices. Mike Kemp | In Photos | Getty Pictures LONDON — U.Ok. debtors are going through a cliff edge that might harm the financial system as rising mortgage prices hit deal renewals and the variety of merchandise … Read more