US inflation
Australia seeks reform, inflation restraint in budget balancing act as Iran war darkens outlook
The central bank has lifted interest rates three times this year to head off the war-driven energy shock
Kevin Warsh’s Fed: Reform agenda or reputational risk?
His early actions would show if he is a disciplined reformer or a politically convenient appointment
Recent inflation data is ‘bad news’, US Fed official says
The central bank leaves the policy rate of interest unchanged in a divisive vote last week
A war the public didn’t ask for
Rising fuel prices in the US cut across party lines in a way that military strategy does not
US consumer spending barely rose
Inflation-adjusted consumer spending increased 0.1% after stagnating in January
US inflation expectations jump with Iran war, Fed survey finds
Food costs are seen rising by 6% over the next year
US Fed leaves interest rates unchanged, expects inflation to rise
Oil prices have jumped from below US$80 a barrel to US$108 ahead of the central bank’s policy decision
Stuck between inflationary and deflationary forces, Fed almost certain to keep rates unchanged
Officials warn any rate-cut plans will be shelved until the aftershocks of the Iran war become clear
US consumer prices go up as expected in February
With the Iran war driving up oil prices, a further rise in inflation is anticipated in March
Fed faced with hard choice on weak jobs, high inflation
The central bank aims for 2% inflation, though it has not met that goal for the past five years