Up or down?
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A gap has opened up between inflation in the US compared to other regions like Europe and China.
Central banks in the US, UK and Europe have been trying to slow inflation without creating a recession.
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Market expectations for rate cuts sooner rather than later have been dashed but some economies remain in danger of recession.
Central bankers, policymakers and academics meet annually at Jackson Hole, Wyoming to discuss the economy.
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The world’s central banks face a range of dilemmas, not least whether high inflation – and therefore high interest rates – will become permanent.
Counting the cost of rising prices.
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Different rates of inflation indicate high prices have become ‘embedded’ in these economies.
EU consumers are familiar making payments with traditional coins and bills, but soon they could be joined by an ‘e-euro".
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Central banks are now taking digital currencies seriously, and the EU is exploring the idea. While an “e-euro” could increase monetary security and stability, the venture is not without risks.
The Bank of England, London.
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The Bank of England is factoring more than sky-high inflation into its base rate decisions right now.
Cashless payments have advantages, but only to those who have the means to make them.
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The slow disappearance of cash has advantages, but it can also exclude the most vulnerable from socio-economic activity. It’s also a privatisation that deteriorates the symbolic dimensions of money.
Trying to maintain some stability.
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Central banks are reaching into their toolkits to shore up the global financial system.
Not for turning: ECB President Christine Lagarde.
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The banking crisis has been caused by the interest rate rises, and further hikes were supposed to be a no no.
Happy days.
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Central banks have been signalling that rate rises are going to get more aggressive again, but can the economy actually take it?
In December 2022, inflation (not comprising food and energy) reached 5.4%: a record in the Eurozone.
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What will happen to the euro zone’s rising prices in 2023? Here’s an overview of the factors which might influence inflation’s acceleration or deceleration.
Many countries are dealing with a rapidly rising cost of living.
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Januari 6, 2023
Alan Shipman , The Open University ; Aymen Smondel , Université Côte d’Azur ; Bhima Yudhistira Adhinegara , Center of Economic and Law Studies (CELIOS) ; John W. Diamond , Rice University ; Luis Garvía Vega , Universidad Pontificia Comillas ; Mohamad Hassan Shahrour , IAE Nice - Université Côte d'Azur ; Peter Martin , Crawford School of Public Policy, Australian National University , dan Wayne Simpson , University of Manitoba
Price inflation has hit countries differently, but most central banks and governments are concerned about the rising cost of living in 2023.
This could get ugly.
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Central banks are raising interest rates to tame inflation, but 2023 will increasingly turn a technical decision into a political challenge.
Unbearable pressure: Fed Chair Jay Powell.
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Central bankers are set to slow down their rate hikes.
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Australia’s most important public financial institution, the Reserve Bank, runs on rules from the 1950s. For a 21st century economy, managing climate change needs to be added to its 3 key objectives.
In the face of soaring prices, households are benefiting from government measures to reduce their energy bills.
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France’s nuclear energy supply and public support schemes for households have in particular helped to limit the rise in prices.
Inflation rates are currently rising, reflecting the increasing cost of goods and services.
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Central banks are trying to strike a balance between curbing inflation and enabling economic growth.
For ECB President Christine Lagarde, inflation is turning into a blooming nightmare.
EPA
As the European Central Bank announces its first increase in interest rates, investors are getting very nervous.
Blockchain bailout?
4K_Heaven
By changing the rules around bank lending, you can make a huge cut to national debt.
Nothing but conundrums.
koya979
Will we now see a proper pandemic recovery?