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Japan’s Inflation Accelerates for 4th Month as BOJ Meets
Japan’s Inflation Accelerates for Fourth Month as BOJ Meets
Japan’s key inflation gauge accelerated in August for a fourth consecutive month, hours before the Bank of Japan is scheduled to wrap up its latest policy decision meeting.
Japan's core inflation accelerates for 4th month in August
Japan's core consumer inflation accelerated for the fourth straight month in August and tracked comfortably above the central bank's 2% target, data showed on Friday, keeping alive expectations for further interest rate hikes.
Japan inflation firms to 2.8% ahead of BoJ rate decision
Japanese inflation rose slightly in August, with prices up 2.8 percent year-on-year, official data showed Friday, hours before the Bank of Japan was widely expected to leave interest rates unchanged.
Fed, inflation
The Fed's rate decision shows its focus has shifted from inflation to the labor market
"The Fed is more worried about the labor market and less concerned about inflation at this point," a Glenmede analyst said.
Federal Reserve signals end to inflation fight with a sizable half-point rate cut
Having all but tamed inflation, the Federal Reserve is poised to do something Wednesday it hasn’t done in more than four years: Cut its benchmark interest rate, a step that should lead to lower borrowing costs for consumers and businesses.
Fed unveils oversized rate cut as it gains 'greater confidence' about inflation
The U.S. central bank on Wednesday kicked off an anticipated series of interest rate cuts with a larger-than-usual half-percentage-point reduction that Federal Reserve Chair Jerome Powell said was meant to show policymakers' commitment to sustaining a low unemployment rate now that inflation has eased.
Bank of Canada, inflation
Bank of England holds Bank Rate steady at 5%, urging sustainable path to target inflation
The Bank of England on Thursday held interest rates steady, saying it most work to reach its goal of 2% inflation in a sustainable way.
Swiss Government Sees Sharp Drop in Inflation Rate Next Year
Switzerland’s government slashed its inflation forecasts, a move in line with expectations that the central bank will cut interest rates again when officials meet next week.
Bank of Canada members split on inflation outlook, minutes show
The Bank of Canada's governing council was split on the outlook for inflation ahead of its Sept 4 decision to cut rates for the third time in a row, minutes published on Wednesday showed. The BoC said on Sept 4 that it was juggling the impact of two opposing forces on inflation - the persistently high cost of shelter and services on one hand and a weakening economy and rising unemployment on the other.
3h
America’s inflation fight is ending, but it’s leaving a legacy
Even as the nation’s tumultuous pandemic economic era begins to approach its end, the period is destined to leave lingering ...
8h
Interest Rates & Inflation: Bank Rate Held At 5% In Battle Against Persisent Price Rises
Analysts Expect Cuts Before Christmas The Bank of England held its main interest rate at 5% today despite a 0.5% percentage point cut by t ...
CBS News
1d
Trump and Harris' views on inflation, according to their records and what they've said
Inflation
is consistently a top issue ahead of the 2024 presidential election — in CBS
News
' polling in mid-August, 76% ...
2d
How inflation is impacting America
Inflation has emerged as a potent political issue. Here's a deeper look at where things stand, the questions Americans have, ...
The New Yorker
3d
How Inflation Fooled Almost Everybody
With the Fed poised to cut rates for the first time in years, what have we learned about the economic disruptions of the ...
1d
on MSN
Trump says inflation has cost households $28,000. Is that true?
Economists told CBS News the calculation is incomplete, since average household incomes have also risen over that time period ...
4h
on MSN
The Federal Reserve should be careful about doing victory laps over inflation: Jason Trennert
'Kudlow' panelists Liz Peek and Jason Trennert discuss the impact of the Fed slashing rates on 'Kudlow.' ...
6h
on MSN
Biden heralds progress on inflation and interest rates, but says work still ahead
In a speech Thursday, President Joe Biden plans to celebrate the Federal Reserve’s interest-rate cut while stressing his ...
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