Federal Reserve Chair Jerome Powell recently offered crucial insights into the evolving landscape of U.S. monetary policy, specifically highlighting the profound influence of tariffs on domestic inflation forecasts. His remarks underscore a pivotal moment for the US Economy, as the central bank navigates complex economic headwinds, with implications for everything […]
Tag: monetary policy
Euro zone inflation edges higher, hitting ECB’s 2% target in June
The Euro zone’s economic landscape has reached a significant milestone as flash data for June reveals the region’s inflation rate has edged higher to precisely 2%, aligning perfectly with the European Central Bank’s (ECB) long-coveted target. This development, which was largely in line with economists’ expectations, marks a crucial turning […]
European Central Bank head: Frequent shocks to economy make inflation more unpredictable
Christine Lagarde, President of the European Central Bank (ECB), recently highlighted the escalating unpredictability of inflation, attributing this concerning volatility to a series of frequent and impactful economic shocks reverberating across the global landscape. Amidst a pivotal strategy review, the ECB steadfastly reaffirmed its commitment to a 2% inflation target […]