The latest US inflation numbers suggest that the high-rate environment will be anything but fleeting.
It’s a price reckoning that European consumers are already all too familiar with, and now US consumers are starting to feel the pain of high natural gas prices.
The latest data suggests that price increases have yet to peak in Europe.
Tariffs are questionable economic policy, but their role in inflation is minimal.
The result heaps further pressure on the Fed to move up the schedule of its rate normalization.
Weather, supply chain shortages, and geopolitics are combining to drive up prices for major agricultural exports around the world.
Though central banks have approached the problem with different levels of urgency.
China’s growth slowdown, a new ‘Sputnik moment,’ and global stagnation fears amid higher energy prices.
Reviewing noteworthy data releases from a big week in inflation indicators around the world.
Inflation persists in Brazil despite extremely proactive efforts by the central bank to keep prices in check.