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A worker deflates a Chicago Bears inflatable mascot prior to the NFL football game between the Chicago Bears and the Cincinnati Bengals in Chicago, Illinois, September 8, 2013.

What if Wall Street is waiting for the wrong disaster?

OPINION: After a combo of a weak USD and wage growth stoked inflation fears in the beginning of the year, maybe we started worrying too much about the wrong thing. Maybe the world is still caught in a deflationary trap, and the Federal Reserve and Wall Street are waiting for the wrong disaster.
Cleveland Fed President Loretta Mester takes part in a panel convened to speak about the health of the U.S. economy in New York

An effort to boost the economy that was once seen as radical is about to get a fair hearing at the Fed

The Federal Reserve is actively considering alternatives to its inflation targeting framework, whose success has been questioned after years of chronically undershooting the Fed's 2% goal.
Shoppers carry bags in London, Britain August 25, 2016.

Inflation drops to its lowest level in a year as the Brexit spending squeeze finally lets up

The UK's latest inflation numbers were published on Wednesday morning.
City workers cross London Bridge during the morning rush-hour in the City of London August 11, 2010.

UK unemployment falls once again — and Brits are finally getting a pay rise

Unemployment in the UK unexpectedly fell between December and February, according to new data released by the Office for National Statistics on Tuesday.

Nigeria’s top statistician tweeted the country’s latest inflation data an hour early — and blamed a non-existent time difference bet...

He blamed the fact that his watch was on "London time" — despite London and Nigeria being in the same time zone.

Stocks close lower after Trump tweets and Fed rate hike hints

Geopolitical tensions and inflation data pushed stocks lower on Wednesday.
Donald Trump and Xi Jinping.

Trump’s trade war antics just spoiled a perfectly good jobs report

The March jobs report fell into an investor sweet spot that should've sent stocks soaring, but President Donald Trump's recent trade war comments derailed that.
House of Fraser.

House of Fraser is looking wobbly as the consumer spending crunch deepens: ‘It’s going to be very hard to save the business’

The department store has a £400 million debt pile and is battling slowing consumer spending.