Central bankers from the world’s leading economies said on Wednesday that while they had raised interest rates significantly, additional increases would very likely be needed to wrestle inflation back under […]
Bailey, Andrew (1959- )
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Back to news homeU.K. Inflation Swings Upward, to 10.4 Percent
Britain’s inflation rate unexpectedly rose last month, reversing its recent downward trend and potentially undermining expectations that the Bank of England was close to halting interest rate increases.Consumer prices in […]
Omicron Is an Economic Threat, but Inflation Is Worse, Central Bankers Say
There is still a lot scientists do not know about Omicron. There is cautious optimism — but no certainty — about the effectiveness of vaccines against this fast-spreading variant of […]