Tag: Inflation

The Transitory Inflation Question Is Coming for the ECB

(Bloomberg) — Most Read from BloombergZero Taxes, Golf and Beach Houses Create a Crypto Island ParadiseAnatomy of a Bad RoadChina Is Building the World’s Largest National Park SystemBoris Johnson’s Furious MPs Worry That His Next Misstep Could Be FatalThe 15 Best Beers We Drank This YearThe European Central Bank’s biggest decision this week is to decide if it can still call the current inflation spike “transitory.”The answer will have a huge bearing on the euro-area economy, which is already de
— Read on ca.finance.yahoo.com/news/transitory-inflation-coming-ecb-050020441.html

Why Inflation Is Scaring Latin America If Not the Fed: QuickTake – Bloomberg

The U.S. Federal Reserve, like many other central banks, sees inflation from the reopening of economies disrupted by the pandemic to be “transitory,” and it’s not expected to raise interest rates until at least next year. Latin America’s policy makers, by contrast, are rushing to reverse ultra-low borrowing costs. Since late June, central banks in Mexico, Peru, Colombia, Chile, Uruguay and even Paraguay followed the early move by Brazil and increased rates. Latin America was perhaps hit harder t
— Read on www.bloomberg.com/news/articles/2021-08-20/why-inflation-is-scaring-latin-america-if-not-the-fed-quicktake

U.S. Consumer Prices Climb at Fastest Annual Rate Since 1982

(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergAnatomy of a Bad RoadThe 15 Best Beers We Drank This YearBoris Johnson’s Furious MPs Worry That His Next Misstep Could Be FatalSand and Soldiers Mix as Troops Move In to Protect Cancun TouristsThe World’s Relentless Demand for Chips Turns Deadly in MalaysiaU.S. consumer prices rose last month at the fastest annual pace in nearly 40 years, underscoring how rapid a
— Read on ca.finance.yahoo.com/news/u-consumer-prices-climb-fastest-133823832.html

G-7 Finance Chiefs Plan to Discuss Inflation as Prices Soar

(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergAnatomy of a Bad RoadThe 15 Best Beers We Drank This YearBoris Johnson’s Furious MPs Worry That His Next Misstep Could Be FatalSand and Soldiers Mix as Troops Move In to Protect Cancun TouristsThe World’s Relentless Demand for Chips Turns Deadly in MalaysiaThe Group of Seven finance ministers will convene virtually on Monday to discuss the recent surge in inflati
— Read on ca.finance.yahoo.com/news/g-7-finance-ministers-plan-165026099.html