The de-dollarisation plan appears dead in the water. Inflation has shown that it go haywire if fundamentals are weak. The September inflation figures should serve as a wake-up call for authorities ...
And who has not noticed prices on everything from milk to movie tickets creeping upward? In this article, we explore the major types of inflation and touch upon the competing explanations offered ...
Simply sign up to the Global Economy myFT Digest -- delivered directly to your inbox. Central banks around the world are expected to lower borrowing costs as global inflation eases from the multi ...
Read Less The latest update from the Office for National Statistics (ONS) puts the Consumer Prices Index (CPI) measure of inflation at 2.2% for the year to August 2024, unchanged from July.
If you notice that it costs more to fill up your car with gas or buy your regular grocery purchases, this is likely due to inflation. Inflation often coincides with a changing economy. But that ...
While overall inflation has returned to normal, the progress cannot undo a leap in prices that dates back to the pandemic. Since the outset of 2021, consumer prices have skyrocketed more than 20%.
The Fed has not cut rates since the start of the Covid-19 pandemic in 2020. Following August's inflation data, investors now predict that the central bank will make a quarter percentage point rate ...
By contrast, the rate of inflation eased last month for tea (up 3.5% in the year to August compared with a jump of 8.4% in July), mineral water (up 2.8% in August, up 5.2% in July), ready meals (2.1% ...
As inflation cools and the Federal Reserve cuts ... He works as a project manager at a company that makes water pumps, and he recently got both a promotion and a raise. And in recent weeks ...
People really detest inflation, as Alan S Blinder put it to Unhedged last week. A corollary of this is that people worry about it a lot. So last Thursday’s letter, “Inflation is still dead ...
Another day, another encouraging inflation report — but one with enough hint of concern to keep the victory parades at bay and keep the Federal Reserve from going big on its impending rate cut.