Inflation

Trump says will ask health insurers to cut prices

DONALD Trump on Friday said he will urge US health insurance executives to voluntarily lower costs, as millions of Americans brace for a surge in premiums that could prove politically damaging for Rep...

Bank of Japan governor Kazuo Ueda says: “As for the pace of how we adjust our monetary support, that will depend on economic, price, financial developments at the time.”

BOJ raises interest rates to 30-year high, signals more hikes

It offers a slightly more upbeat view on the economy than at its previous meeting in October

Japan's CPI - which excludes volatile fresh food - rose three per cent in November, the same rate as a month earlier, in line with market expectations.

Japan’s core November inflation holds steady at 3%: official data

JAPAN’S inflation rate held steady in November, official data showed on Friday ahead of the Bank of Japan’s monetary policy decision which could see central bankers hike interest rates to their highes...

Chicago Federal Reserve President Austan Goolsbee was one of two officials who voted against the central bank’s rate cut last week.

US Fed’s Goolsbee welcomes latest inflation data, says more rate cuts may loom 

FEDERAL Reserve Bank of Chicago President Austan Goolsbee said on Thursday fresh inflation data is “good” and if it can be sustained it should help open the door for more interest rate cuts next year.

President Trump’s speech comes at the end of a whirlwind year in which he has launched an unprecedented display of presidential power.

Trump vows economic boom, blames Biden in address to nation

The US president faces growing voter anger over the issue of affordability despite trying to dismiss it as a Democratic ‘hoax’

President Trump has previously indicated that he will announce his chosen successor to current Fed Chair Jerome Powell (right) early next year.

Trump says next Fed chair will believe in lower interest rates ‘by a lot’

[WASHINGTON] US President Donald Trump said on Wednesday the next chairman of the US Federal Reserve will be someone who believes in lower interest rates “by a lot.”

Governor Rhee Chang-yong said the bank would ensure that dollar outflows do not hurt foreign exchange stability.

South Korea central bank sees upside inflation risk with a weaker won

The country’s headline inflation in November is up 2.4% from the year before

Food and non-alcoholic beverage inflation dropped to 4.2% from 4.9% in October.

UK inflation slides to 3.2% before Bank of England rate decision

British inflation has been higher than in other major advanced economies

The RBA has cut interest rates three times this year to 3.6%, but a recent spike in inflation has forced policymakers to warn that rate hikes might be needed next year.

Australia government forced to lift inflation forecast, keeps spending plans intact

Inflation has increased recently due to services and prices of new housing

The RBI expects inflation to stay comfortably below its 4% target until at least September 2026.

India’s inflation rate inches up but remains well below target

The RBI expects it to climb from January and sees the CPI averaging 2.9% in the three months till March