Inflation swaps, analyst surveys, and other indicators find Europe’s economy watchers expecting inflation to continue above the European Central Bank’s (ECB’s) 2-percent target for at least a decade.
2331 search results for: inflation
U.S. INFLATION TICKS UP
The U.S. consumer price index grew at an annual pace of 3.2 percent last month, a slight rise from June’s 3.0 percent but still lower than many analysts had forecast.
BANK OF ENGLAND RAISES RATES AGAIN AS INFLATION REMAINS HIGH
The Bank of England (BoE) raised its base interest rate for the 14th time in as many meetings, setting it at 5.25 percent, its highest in 15 years.
INFLATION EASES BUT FOOD PRICES WILL KEEP RISING
Global food prices will continue to increase even though inflation in many countries is waning, analysts are predicting.
OIL PRICES CLIMB AS INFLATION SLOWS AND SUPPLIES TIGHTEN
World oil prices reached their highest in three months last week as inflation continued to slow in key nations and OPEC+ decided Friday to maintain its current production cut of one million barrels a day, begun in the spring, through September. As a result, the Saudi kingdom will produce about nine million barrels a day......
FALLING INFLATION RAISES HOPE THAT ECB WILL PAUSE RATE HIKES
Slowing inflation in the Eurozone’s two largest economies have raised hopes that the European Central Bank (ECB) will not raise interest rates again when it meets in September after it raised its key rate by another quarter point on 27 July.
INFLATION SLOWS AND GROWTH SLOWLY RISES IN THE EUROZONE
In July, inflation across the 20 countries sharing the euro currency edged down to 5.3 percent from 5.5 percent in June, reaching its slowest pace since January 2022, and the area’s GDP expanded by 0.3 percent in the second quarter.
INFLATION IS FALLING BUT MAJOR BRANDS KEEP RAISING PRICES
Coca-Cola, Pepsico, and Unilever are among many familiar brands that have raised prices sharply this year while posting comfortable profits, according to a Wall Street Journal report.
WAGE INCREASES SURPASSED INFLATION IN SECOND QUARTER: BIG DEAL?
In this year’s second quarter, U.S. workers got an actual raise... so says the U.S. government.