![Why some central banks are rushing to hike rates now](/i/c/3eb8d894-d242-3675-66ba-f04372b5dd76.webp)
Why some central banks are rushing to hike rates now
Central bankers across the globe are delivering a message: Slow and steady won't win the race against inflation.
2023-06-25 17:26
![Singapore May core inflation rises 4.7% y/y, matches forecast](/i/c/8630bd3a-1226-2126-36a4-62232c8d2c67.webp)
Singapore May core inflation rises 4.7% y/y, matches forecast
SINGAPORE Singapore's key consumer price gauge rose 4.7% year-on-year in May, official data showed on Friday. The May
2023-06-23 13:16
![Japan's core consumer inflation stays above BOJ target for 14th straight month](/i/c/cbfa7840-eb9c-c6cd-512d-ec94ce16bc4e.webp)
Japan's core consumer inflation stays above BOJ target for 14th straight month
By Takahiko Wada and Leika Kihara TOKYO Japan's core consumer prices in May rose 3.2% from a year
2023-06-23 07:57
![Mexican inflation slows more than expected ahead of rate decision](/i/c/58cc63a8-da7f-0ef3-439d-2d9e2727cd4d.webp)
Mexican inflation slows more than expected ahead of rate decision
(Reuters) -Mexico's annual inflation hit its lowest in more than two years ahead of a monetary policy decision on Thursday
2023-06-22 21:19
![Bank of England hikes rates for 13th time as inflation stays high](/i/c/0067f434-378a-130c-e0f8-0051a0626956.webp)
Bank of England hikes rates for 13th time as inflation stays high
The Bank of England raised interest rates by half a percentage point Thursday, after data this week revealed surprisingly stubborn inflation.
2023-06-22 19:26
![UK's stubborn inflation fails to fall, turning up heat on BoE](/i/c/94085136-54dc-16ab-cec2-3eafca9a1003.webp)
UK's stubborn inflation fails to fall, turning up heat on BoE
By David Milliken and William Schomberg LONDON (Reuters) -British inflation defied predictions of a slowdown and held at 8.7% in
2023-06-21 21:28
![Explainer-Why is inflation so high in the UK?](/i/c/b04dca4f-a2fd-d478-6a9f-d94325f6b19c.webp)
Explainer-Why is inflation so high in the UK?
By William Schomberg LONDON British inflation defied forecasts of a fall in May and stayed far above price
2023-06-21 18:45
![UK inflation stops falling as airfares and second-hand car prices soar](/i/c/9011f876-0a34-0f66-53be-d6df8d791d83.webp)
UK inflation stops falling as airfares and second-hand car prices soar
UK inflation stayed stuck at 8.7% in May as prices for recreation and cultural activities rose at a faster pace than the previous month.
2023-06-21 15:27
![Yes, inflation is coming down. That doesn't mean goods and services will be cheaper](/i/c/68b390de-73b4-4726-57f7-5d07bfa1b9a3.webp)
Yes, inflation is coming down. That doesn't mean goods and services will be cheaper
If inflation falls to 2% by the end of this year, that means the cost of everything will no longer be going up, right? Wrong. But that's what the majority of UK residents think, according to a new survey from polling group Survation.
2023-06-21 07:18
![South Korea producer inflation slowest in almost 2-1/2 years](/i/c/91a85775-e9a1-0790-eb40-6603b789ac32.webp)
South Korea producer inflation slowest in almost 2-1/2 years
SEOUL South Korea's producer inflation slowed in May to its weakest pace in nearly 2-1/2 years, central bank
2023-06-21 05:29
![US charitable giving falls for first time in decades in 2022 amid high inflation, slumping stocks](/i/c/81762fdd-dd15-207e-009d-eb452209ed78.webp)
US charitable giving falls for first time in decades in 2022 amid high inflation, slumping stocks
Americans got less generous in 2022, as soaring inflation and the slumping stock market took a significant toll on charitable giving.
2023-06-21 04:18
![Supply chain hangover still feeding inflation -SF Fed paper](/i/c/dd69b0ad-239c-a053-f67c-30d3558228ba.webp)
Supply chain hangover still feeding inflation -SF Fed paper
By Ann Saphir SAN FRANCISCO (Reuters) -Pandemic-related snarls in global supply chains have mostly receded, but their after-effects still account
2023-06-21 02:17