Tag Archives: inflation

The President of the Federal Reserve Bank of Dallas, Robert Kaplan, said on Thursday that a moderate inflation overshoot means reaching a rate of 2.25-2.5%. Kaplan called for focusing on the future instead of the past, and noted that the Fed is expecting a hotter labor market. In addition, Kaplan …

Britain’s inflation rate unexpectedly jumped last month, to its highest level since March, as clothing stores refrained from the usual summer cuts after reopening their doors following general isolation measures due to the Coronavirus, but most economists expect it to return soon. The Office for National Statistics said the annual …

Official data released today in the United Kingdom showed that British inflation rose unexpectedly in the previous month as the Office for National Statistics said that consumer price inflation rose to 0.6% in June from 0.5% in May. A Reuters poll had expected the rate to drop to 0.4%. Core …