Deena Zaidi

Data & financial journalist covering global economics and policy

All posts tagged inflation

Why 2% inflation became the global target for central banks

Why 2% inflation became the global target for central banks

Posted on Author Deena ZaidiPosted in Banking and Finance, Europe, Graphs, Inflation, Japan, United States of America, World Economy, World economy

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

Posted on Author Deena ZaidiPosted in Banking and Finance, Banking News, Graphs, Inflation, Markets, Politics & Policy, United States of America, World economy, World Economy

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

Posted on Author Deena ZaidiPosted in Graphs, Inflation, Middle East, United States of America, World Economy, World economy

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.

How the Iran war is driving up food prices through fertilizer supply disruptions

How the Iran war is driving up food prices through fertilizer supply disruptions

Posted on Author Deena ZaidiPosted in Asia-Pacific, Brazil, Graphs, Graphs, India, Inflation, Markets, Middle East, Politics & Policy, Trade and tariffs, United States of America, World Economy, World economy, World trade

Oil and gas might not be the only commodities vulnerable to the disruptions in the Strait of Hormuz. Fertilizers are at particular risk, as their supplies get choked at the strait, a critical shipping corridor for a third of the world’s fertilizer shipments.