The ECB will raise rates by a quarter-point in July and left open the possibility of a more drastic, half-point hike in September
Central banks must fight risk of inflation expectations driving actual prices
At a hearing, the U.S. Treasury Secretary was pressed on the causes of inflation
Only 18% of chief U.S. economists say no recession is in the cards
Rising interest rates are causing anxiety in a sector that soared over the last two years
EU's new curbs on Russian oil to dent global supply
Rising services prices drove core inflation up too
As inflation outpaces wages, consumption will be curbed, Scotiabank says
Price pressures are broadening, the deputy governor said in a speech
Experts suggest tactical approach, real assets, alternatives