The concerns were detailed in meeting minutes
The increase wasn't a surprise given last year's drop in prices
The acceleration in prices has unsettled financial markets
GDP growth in the current April-June period is expected to be even faster
The quickening pace of growth has raised fears among some analysts that inflation could rise uncomfortably quickly
Gas prices drove the increase
Economists expect further price gains in coming months
An annual target is best for financial planning, consultation participants said
Large consumer price increases are an exception, not a rule, says an RBC report
Fund managers are eyeing rising inflation and the rotation to value as they adjust strategies after a challenging pandemic year