What is behind current inflation spikes?

Today our Governing Council decided on monetary policy. Listen to President Christine Lagarde present today’s decisions. The statement also covers: • how the economy is performing • how we expect prices to develop • the risks to the economic outlook • the dynamics behind financia ...  Show more

War in the Middle East, soaring energy prices and upside risks to inflation are clouding the financial stability outlook for the euro area. How resilient are banks and markets? Are investors underestimating geopolitical risks? And how exposed is the financial system to stretched ...  Show more

To fight historic levels of inflation, the Federal Reserve this week, once again, raised interest rates, its most powerful weapon against rising prices.

The move was intended to slow demand, but there was also a psychological factor: If consumers become convinced that in ...

With prices on the rise in the U.S. economy, the Federal Reserve is expected to announce on Wednesday an increase in interest rates, essentially pouring a cold glass of water on the economy.

Why would the central bank do that? The answer lies in the inflation crisis of t ...

In the first of a two-part series, this episode of the Weekly Tradecast looks at what inflation is, why we need it and when it becomes too much – with UNCTAD economist Jeronim Capaldo. These days, inflation is high as disruptions from the pandemic and the war in Ukraine drive a g ...  Show more

As inflation continues to outstrip wage growth for all but the top ten per cent of earners, interest rates look set to keep rising at least until February 2024. The political economist William Davies joins Tom to consider the reasons for high inflation and the Bank of England’s r ...  Show more