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JOHANNESBURG - The Reserve Bank says a review of its inflation target is still on the cards as monetary policy heads meet for the central bank’s biennial conference this week. The two-day ...
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While the cost of eggs and some other items continue to rise, grocery price inflation overall seems to be leveling out. The Bureau of Labor Statistics consumer price index for food at home was ...
Kevin Dietsch / Getty Images Concerns have grown that economic growth could stall and inflation could surge as tariffs are implemented. If that unusual phenomenon, known as "stagflation," occurs ...
“As I’ve mentioned, it can be the case that it’s appropriate sometimes to look through inflation if it’s going to go away quickly without action by us, if it’s transitory,” Mr Powell said.
President Trump’s plans risk stoking inflation and denting growth, an undesirable combination that economists warn could lead to much tougher trade-offs for the central bank. By Colby Smith When ...
While Powell did not mention the president by name, he told reporters Wednesday that the Fed is bracing for import taxes to impede its fight against inflation. “I do think with the arrival of ...
Federal Reserve officials held their benchmark interest rate steady for a second straight meeting, caught between mounting concerns that the economy is slowing and inflation could remain ...
Eurozone inflation eased to 2.3% in February, with core inflation at 2.6%, its lowest since January 2022. France had the lowest rate (0.9%), Hungary the highest (5.7%). The euro slipped ahead of ...
transcript The Trump administration’s tariffs most likely mean “further progress may be delayed” on getting inflation back to the Federal Reserve’s 2 percent target, the central bank’s ...
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The annual rate of inflation accelerated sharply to 2.6 per cent in February as the federal government's temporary tax break came to an end mid-month, Statistics Canada said Tuesday. That marks ...