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World Gold Council said the Fed now shows strong aversion to inf. With the personal savings rate near historic lows, consumers may be less able to absorb sustained price rises. Consequently, another surge in inf could trigger policy tightening and sl

2026-08-06

World Gold Council said the Fed now shows strong aversion to inf. With the personal savings rate near historic lows, consumers may be less able to absorb sustained price rises. Consequently, another surge in inf could trigger policy tightening and slower economic growth, rather than a 1970s-style inflation outbreak.

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2026-08-06

Russia's Yaroslavl regional governor said a local oil refinery caught fire after a drone strike.

Russia's Yaroslavl regional governor said a local oil refinery caught fire after a drone strike.
2026-08-06

US wholesale sales fell 3% month-on-month in June, compared with expectations of 2.2% and a revised 3.5% in the previous month (originally reported as 3.40%).

US wholesale sales fell 3% month-on-month in June, compared with expectations of 2.2% and a revised 3.5% in the previous month (originally reported as 3.40%).
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