The curious case of the 2% inflation target and why most central banks won’t let it go.
Data & financial journalist covering global economics and policy
The curious case of the 2% inflation target and why most central banks won’t let it go.
The cost of borrowing is already choking crucial public spending across many developing economies. But now it is triggering wider concerns.
The country once mocked for fiscal collapse may soon look more disciplined than the world’s largest economy.
Rising oil prices are feeding inflation risks, forcing central banks to delay rate cuts despite easing geopolitical tensions.