1. U.S. Inflation Hits Highest Level Since 2008 2. Inflation Rate in U.S. Climbs to 3.6%, Highest Level Since 2012 3. Fed's Powell: Inflation Is Rising, But It's Not a Short-Term Problem 4. How Inflation Can Affect Your Investments 5. What Is Inflation and How Does It Affect the Economy? 6. 8 Simple Strategies to Protect Yourself From Inflation 7. What You Need to Know About High Inflation 8. Corporate Profits Feel the Squeeze as Inflation Rises 9. How Inflation Affects Your Finances 10. Video: What Is Inflation and How Does It Impact You?
Headline inflation took a breather on it's trek down the mountain in April thanks to surging gasoline prices. We expect the pause will be temporary and inflation will resume heading lower in the months ahead. As outlined in our March forecast, we expect core inflation to continue to decelerate below 3% y/y in the second half of the year, as does the Bank of Canada.
April saw Japanese consumer prices accelerating, with CPI accelerated from 3.2% yoy to 3.5% yoy. That put a halt to the slowdown of headline inflation from 4.3% in January. Even more significantly, core CPI (which excludes fresh food) rose from 3.1% yoy to 3.4%. This metric has been above BoJ’s 2% target for an uninterrupted […]
The U.K.'s April CPI data surprised to the upside, with headline inflation and energy prices receding less than expected. Perhaps even more importantly, for now underlying price pressures still appear to be intensifying as both core inflation and services inflation quickened. In our view, elevated wage growth should keep underlying inflation trends elevated in the near term. With U.K. inflation dynamics remaining firmer than expected, we now anticipate the Bank of England (BoE) will deliver more monetary tightening than previously. Specifically, we expect the central bank to raise rates 25 bps at both its June and August meetings, which would see the policy rate peak at 5.00%. We also expect ongoing price pressures to discourage the BoE from easing monetary policy prematurely, and now forecast the Bank of England to begin lowering interest rates in Q2-2024, one quarter later than our previous forecast.
The inflation rate in the United Kingdom (U.K.) has fallen below 10% for the first time since August 2022 as energy prices continue to trend lower. Headline inflation during April of this year came in at 8.7% year-over-year, according to the Office ...
GBP/USD Prices, Charts, and AnalysisGilt yields push sharply higher on renewed UK rate hike expectations.IMF does a 180 on UK growth prospects.Little in the way of UK data next week. Recommended by Nick Cawley How to Trade GBP/USD UK headline inflation fell back into single digits, figures showed this week but failed to meet analyst
HEADLINE INFLATION in May will be significantly lower than 6.6% in April, putting it on track to return within the 2-4% target by September or October, the Bangko Sentral ng Pilipinas (BSP) said. BSP Governor Felipe M. Medalla on Monday told reporters inflation is rapidly easing year on year due to high base effects. “Year […]