-
Federal Reserve officials grew more concerned at their most recent meeting about inflation, with members indicating that they lacked the confidence to move forward on interest rate reductions. Minutes from the April 30-May 1 policy meeting of the Federal Open Market Committee released Wednesday indicated apprehension from policymakers about when it would be ...
-
Global inflation rates are falling but their descent is being hampered by stubborn services sector price growth, says Fitch Ratings in a new report. Inflation has slowed rapidly, helped by a reversal of food and energy price inflation. Core goods inflation (excluding food and energy) has also fallen and in many countries is now back to its pre-pandemic ...