Iran, fuel prices and UK inflation
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Fed chair nominee Kevin Warsh is set to testify before the Senate Banking Committee and has previously signaled support for a range-based approach to inflation targets.
The inflation rate inched up to 3.1% in March, from 3% in February, and food price inflation marginally dropped, to 3.6%.
Savers are showing renewed interest in I Bonds now that many fear that higher inflation could stick around for a while. Here's why.
Kevin Warsh sees Federal Reserve success as having no one talking about inflation. To achieve that, the Fed chair nominee will likely not get to please the president who appointed him any time soon.
Inflation is at its highest point in nearly two years. Here's what that means for gold's status as a safe haven.
War, tariffs, and an energy spike: Here's what the bank sees next.
By Devayani Sathyan April 21 (Reuters) - The Bank of England will hold interest rates steady next week and likely through the rest of the year, according to a Reuters poll of economists, who broadly stuck to the same steady policy views as last month but revised up their inflation outlook.
The Federal Reserve Bank of Cleveland's inflation-forecasting tool points to an even faster increase in prices in April, which may eventually force the Federal Open Market Committee to act. Speculation about a quick end to the Iran war and strong earnings growth stemming from the evolution of artificial intelligence clearly has investors excited.