Page 2 - Inflation Risks News Today

(Bloomberg) -- Russia’s central bank held interest rates unchanged for the first time since June, as it pivots from a cycle of monetary tightening that more than doubled borrowing costs in the second half of last year.Most Read from BloombergHawaii Rightly Rejects Supreme Court’s Gun NonsensePutin Steps Into US Race to Back ‘Old-Style’ Biden Over TrumpJapan Loses Its Spot as World's Third-Largest Economy as It Slips Into RecessionApple Readies AI Tool to Rival Mi...

(Bloomberg) -- Poland’s central bank left its benchmark interest rate unchanged for the fourth consecutive month as markets and policymakers weigh whether inflation risks warrant bringing a monetary easing cycle to an end. Most Read from BloombergTrump Denied Immunity in DC Election Case by Appeals CourtChina Replaces Top Markets Regulator as Xi Tries to End RoutHaley Loses Nevada Primary to ‘None of These Candidates’ OptionXi to Discuss China Stocks With Regulators as Rescu...

(Bloomberg) -- Federal Reserve Governor Michelle Bowman said she expects inflation to fall further with interest rates held at their current level, but said it’s too soon for Fed officials to consider cutting rates. Most Read from BloombergMeta’s $197 Billion Surge Is Biggest in Stock-Market HistoryDonald Trump Loses London Case Against Ex-MI6 Spy Over Kremlin DossierA $560 Billion Property Warning Hits Banks From NY to TokyoThe Most Popular Man in Ukraine Has Become a Problem for ...

President Biden’s top advisers this week are launching a new aggressive push to tout the economy’s strength as the presidential campaign heats up, hoping to flip what has long been perceived as one of the president’s biggest political vulnerabilities into an asset. The messaging effort reflects a renewed confidence among Biden’s economic brain trust in the resilience of the U.S. economy and the president’s stewardship, after the administration was relentlessly ...

Egypt's inflation rate probably fell for a third straight month in December on lower food prices, but may see an uptick in coming months after recent government price rises and a possible currency devaluation, a Reuters poll showed on Monday. Inflation has eased from a historic high of 38.0% in September, but inflation risks are growing again. "The various price hikes announced last week are likely to drive inflation higher in the January inflation print released in early February,&#...

While major central banks are signalling a peaking of their rate hike cycle, there are indications that the tight monetary policy stance could persist for longer than anticipated earlier

"Dollarization would be very positive for Argentina," said Mark Rosen, who was a US member of the IMF board.

SANTIAGO: Chile's central bank said that inflation risks have "decreased significantly" in minutes of its latest meeting published on Friday.

In a big day for central banks across Europe on Thursday, Switzerland shocked markets by leaving its interest rates unchanged, while Sweden and Norway met expectations with a quarter-point hike each. The Swiss National Bank held its key rate unchanged at 1.75%, against analyst expectations for a quarter-point increase, but said further tightening could not be ruled out. Sweden raised its key policy rate by a quarter of a percentage point to 4%, as expected, and said it might need to do more to...

Falling oil inventories put America's energy security at risk, potentially making the country more vulnerable to supply disruptions and price volatility in the global market.