Inflation

Oil spike, inflation, and Middle East tensions: Can ceasefire avert global economic shock?

Despite the ceasefire, markets persist, with oil prices nearly doubling since January. A fragile US-Iran truce caused a stock rally, but its lasting effect on Asian markets is unclear.

Elevated oil prices may hit Japan's economy hard, as the country relies on imports of natural resources from the Middle East.

Japan’s consumer confidence drops most since Covid-19

The ratio of those expecting to see inflation a year from now is up at 93.1%, the highest since September

Local-currency Thai bonds have lost 4.1% since the end of February, the most after the UK among 29 global markets tracked by Bloomberg.

Thailand’s bond slump seen deepening as inflation concerns mount

The nation is particularly exposed to energy shocks, with more than half of its oil imports sourced from the Middle East

San Francisco Federal Reserve Bank President Mary Daly noted that US consumers were still spending and businesses investing.

US economic fundamentals in a ‘good place’ despite Iran war: US Fed President Daly

SAN Francisco Federal Reserve President Mary Daly on Wednesday said the US economy is fundamentally in a “good place” despite sharply higher oil prices from the Iran war and the uncertainty over how l...

Fed policymakers say a temporary spike in headline inflation would not merit a change to short-term interest rates.

US Fed rate cut bets revived, a bit, by Iran war ceasefire

FEDERAL Reserve policymakers may consider cutting interest rates later this year now that an agreement for a two-week ceasefire in the Iran conflict has eased concerns about a resurgence of inflation,...

Deputy Prime Minister Gan Kim Yong confirmed inflation will exceed earlier projections. Singapore's government has committed close to S$1 billion in new support measures to cushion its people.

Despite ceasefire in Iran, businesses should follow Singapore’s model

Whether the ceasefire holds, firms should not assume business as usual

The Philippines depends heavily on Middle East oil, leaving it vulnerable to supply shocks and price volatility during periods of geopolitical conflict.

Philippine central bank warns of oil spike ‘spillover effects’ as inflation breaches target

Headline inflation rises to 4.1% in March from a year earlier, the highest reading since July 2024

Any protracted increase in oil prices is likely to be magnified by the fact that governments are running low on policy ammunition to counter it.

Why this oil shock is different

Governments and central banks are out of policy ammunition to contain the economic fallout