Consumer price index (CPI)
Easing supply chain pressures could bring US inflation below 4%
But authors with the New York Fed warn a further oil shock could keep inflation near 6% in 2023
Stability under the 2% inflation standard is a chimera
An inflexible standard of value that lets the market decide how much money to produce would be superior, write Brendan Brown and Robert Pringle
US CPI inflation sees minor fall
Shelter costs were the largest contributor to inflation for the second month in a row
US CPI inflation falls again
Falling fuel prices drive down index for sixth straight month
Albanian governor says latest increase brings rates to neutral level
Gent Sejko forecasts inflation will not reach central bank’s target until second quarter of 2024
Costa Rican board says it will slow rate rises
Central bank orders 50bp increase, but says cycle will continue at “lesser rhythm”
Argentina holds rates for first time this year
Central bank says core inflation decelerating, but official figures show headline figure rising
US CPI inflation remains high
Headline reading falls slightly, while core inflation continues to rise
Iceland’s MPC carries out ninth consecutive rate rise
Central bank slows tightening cycle amid signs inflation may be on downward path
US CPI inflation falls modestly
New York Fed reports “steep declines” in inflation expectations, but core CPI ticks up
Banknotes: July to September 2022
A round-up of news and salient issues that have affected central bankers in the past three months
El Salvador abolishes statistics agency
Central bank will absorb body that calculates inflation
Moldova raises rates as inflation hits 31.8%
Policy interest rate reaches new record high
Fed announces another 75bp rise
Jerome Powell says Fed’s approach to forward guidance will change
FOMC ready to tighten policy further, minutes show
Members worried about inflation becoming entrenched but see some signs of pressures easing
Bank of Israel orders biggest rate rise since 2011
Central bank continues “monetary contraction” as Israel faces fifth election since 2019
Gulf central banks raise rates after Fed hike
Qatar, UAE and Bahrain make 75bp hikes, while Kuwait raises by 25bp and Saudi 50bp
US inflation expectations inch higher
New York Fed survey finds rise in expectations at one-year horizon, but not at longer term
Reserve Bank of Australia joins 50bp club
Australian central bank continues post-pandemic tightening with second, larger hike
Fed’s favoured inflation gauge falls
PCE inflation reading for April 2022 was down from March
Bank of Korea raises policy rate again
Policy-makers expect high inflation for rest of year
Small drop in US CPI hints at inflation reprieve
Economists estimate US is past inflation peak, but other G7 nations may still be on the upward leg
Polish central bank hikes rates 75bp
Inflation at highest levels for 24 years as governor faces opposition over second term
Taiwan central bank raises rates for first time since 2011
Rate increase since 2011 surprises markets as inflation is below 3%