In spite of declining unemployment and rising wages, the central bank keeps missing its inflation target.
— Read on www.marketwatch.com/story/no-end-in-sight-for-ecbs-inflation-problem-2019-10-01
Tag: Inflation
German inflation eases, joblessness rises as economy sputters – Reuters
German inflation slowed in August and unemployment rose, data showed on Thursday, adding to signs that Europe’s largest economy is running out of steam and cementing expectations of a new European Central Bank stimulus package next month.
— Read on www.reuters.com/article/us-germany-economy-inflation/german-inflation-eases-joblessness-rises-as-economy-sputters-idUSKCN1VJ0W1
Inflation holds steady at 2%, tempering case for rate cut – BNN Bloomberg
Inflation holds steady at 2%, tempering case for rate cut – BNN Bloomberg
— Read on www.bnnbloomberg.ca/inflation-holds-steady-at-2-tempering-case-for-rate-cut-1.1304668
U.K. Inflation Rate Unexpectedly Rises Above BOE Target – Bloomberg
U.K. inflation unexpectedly accelerated last month, boosted by the price of computer games and hotel accommodation.
— Read on www.bloomberg.com/news/articles/2019-08-14/u-k-inflation-rate-unexpectedly-rises-above-boe-target
UK inflation unexpectedly overshoots BoE target in July – Reuters
Britain’s inflation rate unexpectedly overshot the Bank of England’s 2% target on Wednesday, raising the cost of living even before sterling’s slide has had much chance to feed into consumer prices.
— Read on www.reuters.com/article/us-britain-economy-inflation/uk-inflation-unexpectedly-overshoots-boe-target-in-july-idUSKCN1V40R3
U.S. Core Inflation July 2019: Hits Six-Month High – Bloomberg
A key measure of U.S. consumer prices unexpectedly accelerated in July in a broad-based advance, signaling inflation may be firming as the Federal Reserve debates whether to lower interest rates further.
— Read on www.bloomberg.com/news/articles/2019-08-13/u-s-core-inflation-hits-six-month-high-in-broad-based-gain
ECB Studies Revamping Inflation Goal in Twilight of Draghi Era
(Bloomberg) — European Central Bank staff have begun studying a potential revamp of their inflation goal, according to officials familiar with the matter, in a move that could embolden policy makers to pursue monetary stimulus for longer.The staff are informally analyzing the institution’s policy approach
— Read on ca.finance.yahoo.com/news/ecb-studies-revamping-inflation-goal-104149347.html
Canadian Inflation Slows in June on Declining Gasoline Prices – Bloomberg
Canadian annual inflation decelerated in June after gasoline prices declined and customers paid less for internet services.
— Read on www.bloomberg.com/news/articles/2019-07-17/canadian-inflation-slows-in-june-on-declining-gasoline-prices
Euro-Zone Inflation Holds at 1.2% as ECB Prepares More Stimulus
(Bloomberg) — Terms of Trade is a coming daily newsletter that untangles a world embroiled in trade wars. Sign up here. Euro-area inflation was unchanged well below the European Central Bank’s goal in June, despite a faster-than-expected pickup in underlying prices.The rate of growth was 1.2% this month
— Read on ca.finance.yahoo.com/news/euro-zone-inflation-holds-1-090334176.html
Inflation drop may be at core of case for Fed rate cuts – Reuters
June 2018 was a blue-sky month for the Federal Reserve, with strong economic growth, low unemployment, and inflation expected to top the U.S. central bank’s 2% target for the year – smooth sailing for an interest rate hike then and two more over the following six months.
— Read on www.reuters.com/article/us-usa-fed-inflation/inflation-drop-may-be-at-core-of-case-for-fed-rate-cuts-idUSKCN1TL2PY