HARARE, Zimbabwe — Zimbabwe has launched gold coins to be sold to the public in a bid to tame runaway inflation that has further eroded the country’s unstable currency. The unprecedented move was announced Monday by the country’s central bank, the Reserve Bank of Zimbabwe, to boost confidence in the local currency. Trust in Zimbabwe’s ...

Pedestrian walking past the Reserve Bank of New Zealand building on Saturday, June 22, 2019. New Zealand’s central bank delivered its sixth straight interest rate hike on Wednesday and signaled it remained comfortable with its planned aggressive tightening path as authorities seek to reduce second-round effects of runaway inflation. Birgit Krippner | Bloomberg | Getty ...

Markets have been on a wild ride recently, swinging between gains and losses. However, the brutal selling has meant the S&P 500 is still in a bear market. When asked whether markets have hit a bottom, Wall Street veteran Ed Yardeni said he doesn’t think “we’re gonna climb out of this thing very quickly, not ...