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Keyword: Monetary policy

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Inflation, growth of food sales, growth of market basket or consumer price index concept. Shopping basket with foods on arrow.

Grocery prices up 10.8%, steak is “almost out of the question”

david and goliath fight

Inflation-targeting policies have been successful until recently

United States Federal Reserve System symbol

The observations came in the Fed's semiannual Financial Stability Report

The facade of the Royal Exchange in the City of London

More rate increases could be in the pipeline based on the latest economic outlook

Washington DC skyline with Monument Capitol and Abraham Lincoln memorial

The Federal Reserve raised the benchmark short-term interest rate to a range of 0.75% to 1%

Modern office building close up in sunlight

Deputy governor Carolyn Rogers said a clear view of the future has been hard to come by over the last two years

Higher rates should cool inflation, but low-income households face pain

Federal Reserve building in Washington DC, US. Close up of a top part of the building with eagle statue.

Financial markets expect the Fed to keep raising rates to a range of 2.5% to 2.75% by the end of this year

40556994 - close up image of stock market data on a computer monitor.

The range of risk scenarios is expanding with growing threats to the economic outlook, Fitch says

Inflation written newspaper

"Inflation is too high," Bank of Canada governor Tiff Macklem said