Tag: #inflation

Fed Minutes Show Officials Weigh Another Rate Hike and Signal Firmer Inflation Focus

June Fed minutes show officials viewed inflation as too high, debated removing easing language and some said another rate hike could be warranted.

#fed, #interest-rates, #inflation, #monetary-policy

Bank of Canada staff paper finds supply shocks drove majority of Canada's post‑pandemic inflation

A Bank of Canada staff paper finds supply-side pressures, not demand, accounted for the larger share of Canada’s post-pandemic inflation surge.

#canada, #inflation, #bankofcanada, #monetarypolicy

ECB's Schnabel warns persistent oil and gas shock raises odds of further euro-area rate hikes

At the Petersberger Sommerdialog, ECB's Isabel Schnabel warned prolonged oil and gas pressures raise euro-area inflation risks and bolster the case for more rate hikes.

#ecb, #inflation, #eurozone, #energy

Fed Holds Rates at 3.5–3.75% in Unanimous Vote at Kevin Warsh’s First Meeting

The Federal Reserve left its policy rate at 3.5–3.75% in a 12-0 vote at Kevin Warsh’s first meeting, citing persistent inflation and energy-related supply shocks.

#fed, #interestrates, #inflation, #monetarypolicy

ECB Raises Key Interest Rates by 25 Basis Points, Cites Middle East War and Higher Energy Prices

The ECB raised its three key rates by 25 basis points, citing Middle East conflict and higher energy-price assumptions; new rates take effect June 17.

#eurozone, #ecb, #interest-rates, #inflation

U.S. Consumer Prices Rise 0.5% in May; Annual Inflation Accelerates to 4.2% Ahead of Fed Meeting

CPI rose 0.5% in May and 4.2% year-over-year as gasoline and shelter costs pushed inflation higher just before the Fed's June meeting.

#economy, #inflation, #cpi, #federal-reserve

U.S. GDP Revised Down to 1.6% in Q1 2026 as Inventories and Services Weigh

Second BEA estimate: U.S. GDP grew 1.6% annualized in Q1 2026, down from 2.0%, as weaker inventories and softer services spending trimmed growth.

#economy, #gdp, #inflation, #bea

BIS Working Paper Finds China’s Inflation Responds Strongly to Slack and Expectations

A BIS working paper finds China’s CPI inflation closely tied to economic slack and one-year-ahead expectations, suggesting standard policy models apply.

#china, #inflation, #bis, #macroeconomics, #policy

Kevin Warsh sworn in as Federal Reserve chair at White House ceremony

Kevin Warsh sworn in as Federal Reserve chair at a White House ceremony; he pledged independence as he takes over amid persistent inflation pressures.

#fed, #federalreserve, #kevinwarsh, #inflation

Fed minutes reveal sharp split over signaling near-term rate cuts

April Fed minutes show an 8-4 vote to hold rates and a sharp split over whether to signal openness to future cuts as inflation and energy risks persist.

#fed, #interestrates, #inflation, #monetarypolicy

U.S. Inflation Eases Monthly but Annual Rate Rises to 3.8% as Shelter and Gasoline Push Prices Up

Consumer prices rose 0.6% in April; annual inflation accelerated to 3.8% as gasoline and shelter drove gains, while core CPI rose 2.8%.

#inflation, #cpi, #consumerprices

Macklem says Bank of Canada could raise or cut rates if U.S. trade curbs or oil-driven inflation shift outlook

Bank of Canada Gov. Tiff Macklem warned rates could rise or fall: cuts if U.S. trade curbs dent growth, hikes if sustained oil-driven inflation spreads. Rate held at 2.25%.

#canada, #bankofcanada, #inflation, #interestrates

U.S. Economy Expands 2.0% in Q1 2026 as Inflation Remains Elevated

Advance BEA estimate: U.S. GDP rose 2.0% annualized in Q1 2026, with core PCE at 4.3% — keeping inflation and Fed policy center stage.

#economy, #gdp, #inflation, #federalreserve

ECB Holds Rates Steady but Warns Energy Shock Has Raised Inflation Risks

ECB keeps key rates unchanged and flags heightened upside inflation and downside growth risks after Middle East-driven energy price spike.

#ecb, #interest-rates, #inflation, #eurozone

Bank of Japan Holds Rate at 0.75% as Vote Reveals Sharper Split on Further Tightening

The BOJ kept its policy rate at 0.75% on April 28, but a 6-3 vote exposed growing support among board members for higher rates.

#japan, #bankofjapan, #monetarypolicy, #inflation