Page 12 - Latest Updates on Inflation
IMF urges Sri Lanka to focus on monetary policy to tackle inflation rise
IMF said Sri Lanka needs to tighten its monetary policy to contain rising inflation, put its high debt repayments on track and reverse one of the worst financial crises the country has faced in years
 "IMF urges Sri Lanka to focus on monetary policy to tackle inflation rise")
Inflation in 19 nations using euro sets record of 5.8% in Feb
Inflation in Europe hit a record high for the fourth month in a row, raising questions about when the central bank should step in to ease the pain to people's wallets while Russia's invasion of Ukrain
 "Inflation in 19 nations using euro sets record of 5.8% in Feb")
Ukraine war won't deter Federal Reserve from March rate hikes: Report
US Federal Reserve and some of its major central banking peers will press ahead with lifting interest rates in March, money markets suggest, even as Ukraine war complicates picture of inflation
 "Ukraine war won't deter Federal Reserve from March rate hikes: Report")
Biden plan to transform US economy now focused on cost-cutting
Biden used a word seven times that he never uttered during his last address to a joint session of Congress nearly a year ago: inflation
 "Biden plan to transform US economy now focused on cost-cutting")
World Bank, IMF racing to get aid for Ukraine in coming weeks and months
IMF, World Bank said they were racing to provide billions of dollars of additional funding to Ukraine in coming weeks and months, adding the war there is creating crucial spillovers to other countries
 "World Bank, IMF racing to get aid for Ukraine in coming weeks and months")
We shouldn't restrict our ability to respond: External member of RBI's MPC
The Ukraine situation is a shock both to growth and to inflation, and it is too early to say which of these two shocks will be bigger, says Jayanth R Varma
 "We shouldn't restrict our ability to respond: External member of RBI's MPC")
Akhilesh slams BJP over inflation, says fuel price set to rise after polls
SP chief Akhilesh Yadav attacked the ruling BJP over inflation, saying the government will increase the fuel price once the Assembly elections are over.
 "Akhilesh slams BJP over inflation, says fuel price set to rise after polls")
Fed should lift rates a full percentage point by mid-year: Waller
Federal Reserve Governor Christopher Waller on Thursday laid out the case for a "concerted" effort to rein in inflation, calling for raising interest rates a full percentage point by mid-year.
 "Fed should lift rates a full percentage point by mid-year: Waller")
Top headlines: Ukraine president pleads for peace, oil shock may sting
Mutual funds are keeping their powder dry to invest in LIC's IPO that is expected to hit the market next month
 "Top headlines: Ukraine president pleads for peace, oil shock may sting")
Oil's not well: Inflation may not stay in sync with MPC's estimate
Oil shock: Current account deficit may touch 2.5% of GDP next year
 "Oil's not well: Inflation may not stay in sync with MPC's estimate")
Inflation may have peaked in January: RBI deputy governor Michael Patra
The six-member monetary policy committee of the RBI - that sets interest rate - has a target to maintain CPI inflation at 4 per cent
 "Inflation may have peaked in January: RBI deputy governor Michael Patra")
An obscure corner of Wall Street is making billions trading inflation
Small teams have been making the most of global price shocks with volatile trades
 "An obscure corner of Wall Street is making billions trading inflation")
Fiscal dominance, growth and inflation
Because of fiscal dominance, growth itself may be necessary for monetary independence and price stability
 "Fiscal dominance, growth and inflation")
India's giving inflation room to grow to boost growth, but that may bite
India's wholesale price index, which tracks goods at factory gates, rose almost 13% from a year earlier in January.
 "India's giving inflation room to grow to boost growth, but that may bite")
'G20 finance chiefs to warn of inflation, geopolitical risks'
The talks were held both virtually and in Jakarta and G20 finance leaders intend to issue the final communique after their meeting ends on Friday
 "'G20 finance chiefs to warn of inflation, geopolitical risks'")
Inflation in food to stay for a while, cause of concern: Nestle India CMD
Food and commodity inflation is here to stay for a while and remains a cause of concern, said Nestle India Chairman and Managing Director Suresh Narayanan on Thursday.
 "Inflation in food to stay for a while, cause of concern: Nestle India CMD")
RBI's dovish inflation view pushes back rate hike timing expectations
Citigroup sees the Reserve Bank of India lifting the repurchase rate no earlier than October, versus its earlier August prediction
 "RBI's dovish inflation view pushes back rate hike timing expectations")
Q3 earnings growth slowest in 6 quarters. What lies ahead for India Inc?
India Inc clocked a healthy quarterly growth in Q3 of FY22. But, it was the slowest in six quarters as increased input costs weighed on margins. Find out how inflation headwinds could affect growth
 "Q3 earnings growth slowest in 6 quarters. What lies ahead for India Inc?")
UK inflation hits highest level in almost three decades at 5.5%
Inflation in the United Kingdom has risen at the fastest rate in almost 30 years
 "UK inflation hits highest level in almost three decades at 5.5%")
China's factory inflation slows, giving central bank room to ease policy
The producer price index (PPI) increased 9.1% from a year ago, the National Bureau of Statistics (NBS) said in a statement on Wednesday, slower than the 9.5% growth tipped by a Reuters poll
 "China's factory inflation slows, giving central bank room to ease policy")
