Why 2% inflation became the global target for central banks

Why 2% inflation became the global target for central banks

The curious case of the 2% inflation target and why most central banks won’t let it go.

Failed Iran talks could complicate Fed rate outlook as oil-driven inflation rises

Failed Iran talks could complicate Fed rate outlook as oil-driven inflation rises

Interest rate cuts are no longer easy for the Fed. With ongoing Iran conflict and volatile oil markets, it may even consider rate hikes to ensure inflation remains stable.

U.S. inflation rises as oil prices surge: energy costs drive the March CPI spike

U.S. inflation rises as oil prices surge: energy costs drive the March CPI spike

Rising oil prices are now feeding into U.S. inflation, with energy costs driving a sharp increase in headline CPI for March. As crude climbs above $100 per barrel amid Iran war tensions, the divergence between headline and core inflation is complicating the Federal Reserve’s path on interest rates.

U.S. gas prices jump above $4 , highest since 2022 as Iran conflict pushes oil higher

U.S. gas prices jump above $4 , highest since 2022 as Iran conflict pushes oil higher

The U.S. is a net oil exporter but that does not shield it from global economic shocks.