Inflation
US Fed’s Jefferson: sustained higher energy prices could worsen inflation, spending outlook
FEDERAL Reserve Vice Chair Philip Jefferson on Thursday said he is keeping a watchful eye on higher energy prices, which, if sustained, could worsen inflation but also slow consumer and business spend...
From beer to cosmetics, Asia feels full force of war-fuelled energy crisis
The region relies more heavily on crude oil, gas, fuel and fertiliser from the Middle East than other parts of the world
US recession risks begin to rise as war dims economic outlook
Several firms say inflation will now be closer to 3% this year than 2%, eating into disposable incomes and keeping a lid on hiring
America’s war, America’s recession
Why the US is particularly poorly positioned to weather a food and energy-price shock
Australia’s CPI flat on month in February; up 3.7% on year
[SYDNEY] Australian consumer prices were flat in February as prices for domestic holidays and petrol dipped, while core inflation came in a little slower than forecast, though all this preceded the sp...
US Fed’s Goolsbee says inflation progress needed to cut rates this year, PBS reports
US inflation has been above target for five years now
Iran war starts to hit global economy, business surveys show
So far, few economists are talking about the war plunging the global economy into outright recession
The fog of the Iran war
For Asian businesses, the sharp pain from higher energy prices cannot be avoided, but scarring and worse trauma can be prevented
UK growth slows and inflation surges amid Iran war, PMI Shows
The PMI dropped to a six-month low of 51 in March, down from 53.7 previously
Japan’s inflation slips below BOJ’s target first time since 2022
Consumers are already contending with soaring petrol prices that threaten to prolong a cost-of-living squeeze of more than four years
