Tag: Inflation
G20 finance chiefs back tax deal
Finance leaders from the G20 major economies endorsed a global deal to revamp corporate taxation. They pledged to sustain fiscal support for their economies....
Energy costs added to emerging central bank’s inflation
Higher energy prices are fanning inflation in several emerging markets. This is by testing the resolve of their central banks, says the analysts. Also,...
Private meeting inflation target met by 2025
In a private meeting, European Central Bank (ECB) chief economist Philip Lane revealed that with German economists, the ECB expects to hit its 2% inflation goal...
Sterling bouncing back
Sterling rebounded by snapping three straight days of losses. It was on course to regain the ground lost since the announcement of a UK...
FTSE 100 rebounds as mining, banking stocks jump
Miners and bank stocks helped the FTSE 100 rebound after surging coronavirus cases and fears of an economic slowdown pushed the index to a two-month low...
BoE’s Broadbent sees reasons for inflation tide to ebb
Bank of England Deputy Governor Ben Broadbent said that a current spike in prices is unlikely to create longer-term inflation pressures but central bankers...
ECB pledges low rates for even longer to support prices
The European Central Bank pledged to keep interest rates at record lows for even longer to help sluggish inflation in the euro zone rise...
A fine mess: Weak inflation prompts a global central bank reset
It is an article of faith among central bankers that the decisions they make about how much money to create and what interest rate to...
Pound extends fall after US inflation data lifts dollar
Sterling fell against the dollar after data showing the highest U.S. inflation in 13 years sent the greenback surging to a six-day high. The...
ECB to unveil tweaked inflation target, climate role
The European Central Bank will announce the outcome of an 18-month strategy review. This redefines its inflation target and laying down what role it plans to...
