Rising oil prices are feeding inflation risks, forcing central banks to delay rate cuts despite easing geopolitical tensions.
Data & financial journalist covering global economics and policy
Rising oil prices are feeding inflation risks, forcing central banks to delay rate cuts despite easing geopolitical tensions.
The Federal Reserve’s latest projections show steady economic growth, persistent inflation above 2% and a slower path to interest rate cuts.
U.S. food inflation has cooled sharply from its pandemic-era peak — but the latest data come with an unusual warning label.