Rocketing European power prices should be manageable for consumers and company margins at this stage, but pose risks if they persist, Barclays Plc said.
Chinese financial regulators and Wall Street executives discussed pursuing transparency and long-term stability at a top-level virtual meeting amid rising market turmoil and political tension.
British consumers expect inflation will remain above the Bank of England’s target for at least the next five years, a survey showed in an indication that attitudes about rising prices are becoming entrenched.
The Federal Reserve will probably hint at its meeting next week that it is moving toward scaling back monthly asset purchases and make a formal announcement in November, according a Bloomberg survey of economists.
The European People’s Party, the largest group in the European Parliament, nominated key lawmakers that will guide the biggest overhaul of the European Union’s flagship emissions-reduction program.
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