China’s Inflation Risks Build as Producers Pass on Higher Costs

(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergWhy Hong Kong Is Building Apartments the Size of Parking SpacesWhere Did All the Public Bathrooms Go?Do Prisons Deserve a Second Chance?COP26 Protests: Inflatable Cows, Megaphones and a RainbowChina’s inflation risks are building as producers pass on higher costs to consumers, reigniting a debate over whether the central bank has scope to ease monetary policy to
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ECB Chief Economist Says Euro Zone Doesn’t Face ‘Chronic’ Inflation of 1970s

(Bloomberg) — Most Read from BloombergWhere Did All the Public Bathrooms Go?What It Means to Design a Space for ‘Care’COP26 Protests: Inflatable Cows, Megaphones and a RainbowThe Rising Pacific Forces a Native Village to Move. Who Will Pay?‘Airbnb Queen’ Says She’s Caught Up in Platform’s New York FeudEuropean Central Bank Chief Economist Philip Lane said the euro region’s bout of “unexpectedly high” consumer-price increases doesn’t herald the sort of problem that global economies faced in the
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How the ECB’s New Inflation Goal Will Shape Economy: QuickTake – Bloomberg

The European Central Bank’s decision to raise its goal for inflation and even let it overshoot the target for a while gives it more leeway to support an economy which for years has turned in a lackluster performance by international standards. Nine years after former ECB President Mario Draghi memorably said the central bank would do “whatever it takes” to preserve the euro, his successor Christine Lagarde’s revamp of ECB strategy following an 18-month review is intended to inject more clarity i
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Ripples of Fed’s Inflation Disquiet Keep Spreading: Eco Week

(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.The shifting sands of global inflation will focus central bankers from Ottawa to Wellington in coming days after a month of mounting concern about consumer prices among counterparts including the U.S. Federal Reserve.The Bank of Canada, which is already in the vanguard of Group of Seven economies dialing back stimulus, will continue that on Wednesday, with officials seen cutting weekly
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