Another European rate hike expected in September; Bank of Japan short-term policy rate stays at minus 0.1%
Today’s approach by central banks means inflation is unlikely to be as bad as it was in the 1970s
Prices up nearly 29% year-over-year for edible fats and oils; air transport up 6.4% month-over-month
Rising interest rates are a factor, but "the supply issue has not gone away"
The central bank now forecasts that inflation will remain at 8% over the next few months
Esther George of the Kansas City Fed sounded a more cautionary note in a speech Monday
Central bank may need to trigger a recession to tame inflation
An ‘even more restrictive stance could be appropriate’ if inflation persists, U.S. central bank officials warn
Clients who recently bought with variable rate mortgages could face significant monthly bill hikes
Think tank calls for BoC to adjust its target inflation rate to 4%