Tag: #inflation

AAA: August 2026 Was First August With U.S. Gasoline Above $4 Every Day

AAA says August 2026 was the first August on record with U.S. national average gasoline above $4 a gallon every day, underscoring persistent summer fuel costs.

#gasoline, #fuel, #energy, #inflation

U.S. PCE Inflation Remains at 3.7% in July; Real Consumer Spending Barely Rose

July PCE inflation stayed at 3.7% (core 3.3%), well above the Fed's 2% goal, while real consumer spending was essentially flat.

#inflation, #pce, #federalreserve, #consumer-spending

BEA's Second Estimate: U.S. Q2 GDP 1.5%, Underlying Demand and Inflation Stronger

Second BEA estimate leaves Q2 GDP at 1.5% but shows stronger private demand, firmer inflation and a sharp jump in corporate profits.

#economy, #gdp, #inflation, #corporateprofits

U.S. Consumer Inflation Rises 0.1% in July; Shelter Costs Account for Most of Gain

Headline CPI rose 0.1% in July (3.4% y/y); core CPI up 0.2%. Shelter costs accounted for roughly two‑thirds of the monthly increase as energy fell.

#inflation, #cpi, #federalreserve, #consumerprices

RBA Holds Cash Rate at 4.35% and Warns Further Hikes Remain Possible

Reserve Bank of Australia kept the cash rate at 4.35% on Aug. 11, stressing the pause is not easing and warning it may raise rates if inflation risks rise.

#australia, #rba, #interest-rates, #inflation

BOJ Says Inflation Will Be 'Clearly Above 2%' From H2 FY2026, Signals Further Rate Hikes

BOJ says core CPI will be clearly above 2% from H2 fiscal 2026, trims near-term outlook due to temporary relief measures and signals more rate hikes.

#japan, #boj, #inflation, #monetarypolicy

Bank of Japan Signals Ongoing Rate Hikes as It Sees Slower Growth in Fiscal 2026

BOJ says it will keep raising interest rates even as it expects Japan's economy to slow in fiscal 2026; inflation seen above 2% from H2 2026.

#japan, #boj, #inflation, #monetarypolicy

U.S. GDP Growth Slows to 1.5% Annualized in Q2, BEA Says

BEA's advance estimate shows U.S. GDP rose 1.5% annualized in Q2 as inflation stayed high and private demand strengthened.

#economy, #gdp, #inflation, #bea, #us

Bank of Canada: Oil-driven lift to inflation seen as temporary; rate held at 2.25%

BoC says recent oil-driven inflation is temporary and kept the overnight rate at 2.25%, citing softer labour market and underlying price pressures.

#bankofcanada, #interest-rates, #inflation, #oil-prices

ECB holds key rates steady at 2.25%–2.65%, cites energy-price uncertainty

The ECB kept its three key interest rates unchanged on July 23, citing volatile energy prices and a data‑dependent approach to returning inflation to 2%.

#ecb, #interest-rates, #euro-area, #inflation

U.S. Consumer Prices Fall 0.4% in June as Gasoline Plunge Triggers Largest Monthly Drop Since 2020

Gasoline prices plunged in June, pulling headline CPI down 0.4% month-over-month; year-over-year CPI remains up 3.5% and core CPI was flat.

#economy, #inflation, #cpi, #fed

India's Retail Inflation Rises to 4.38% in June as Food Prices Accelerate

India’s CPI inflation rose to 4.38% in June from 3.93% in May as food prices climbed; rural inflation outpaced urban, the national statistics office said.

#india, #inflation, #cpi, #foodprices

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