All about Inflation
Browse the latest news, articles, and episodes related to this category.
News
7Eurozone Energy Prices Rise 14.3% Annually as Strait of Hormuz Tensions Escalate
Energy prices in the Eurozone jumped 14.3% year-on-year due to the Iranian conflict and shipping disruptions in the Strait of Hormuz.
Ocean Freight Costs Surge 40% as Houthi Threats Continue in the Red Sea
Container shipping rates on the Asia-Europe route have jumped 40% since the beginning of the year due to Red Sea tensions, adding $1,200 to the cost of each container.
US Fed's Preferred Inflation Gauge Rose 2.5% in July, Matching Expectations
The PCE price index registered an annual increase of 2.5% in July, matching economists' expectations and supporting forecasts of a Fed rate cut.
Real US Spending Stagnates in July Despite Economic Growth
Real US consumer spending registered growth of less than 0.1% in July despite continued economic expansion, signaling consumer caution amid inflation.
European Inflation Varies Across Member States, Complicating the Task of the European Central Bank
Inflation recorded varying levels in the eurozone in July, ranging between 1.9% in France and 3.2% in Spain, making it difficult for the central bank to adopt a unified monetary policy.
Fed Divided and Debt Surpasses $40 Trillion as Crucial PCE Approaches
The Federal Reserve was divided 9-3 in July, and the 10-year bond yield rose to 4.70%, while U.S. debt exceeded 40 trillion ahead of Wednesday's PCE data.
Bank of Japan Prepares to Raise Interest Rates After Inflation Accelerates for Second Consecutive Month
The Bank of Japan is preparing to raise interest rates after inflation accelerated for the second consecutive month, while the dollar fell against the yen to 158.96 following the central bank's intervention in the foreign exchange market.