Inflation

Powell backs ‘wait-and-see’ as Iran war muddies inflation outlook

Jerome Powell says the US Federal Reserve can “wait and see” the impact of the Iran war on inflation, as rising energy prices create uncertainty but do not yet warrant a rate move

UK consumer confidence sinks to 11-month low as Iran war stokes inflation fears

UK consumer confidence fell to an 11-month low in March, as the Iran war fuelled inflation fears, dampened spending appetite, and raised concerns over the economic outlook

Fed’s Cook warns Iran war tilts risk balance toward inflation, clouds rate-cut outlook

Federal Reserve Governor Lisa Cook warns the Iran war has heightened inflation risks, pushing back expectations of US rate cuts as oil prices surge and economic uncertainty deepens

Credible success on inflation as India keeps price growth firmly anchored at 2.1% in FY26

ICICI Bank report flags higher sensitivity of CPI to oil prices as fuel weight rises and food share declines

Indian govt keeps RBI's inflation target unchanged at 4% for next five years

The Indian government on Wednesday renewed the Reserve Bank of India's inflation mandate without any changes, asking the central bank to keep retail inflation at 4 per cent with a tolerance band of 2 per cent on either side.

Australia inflation eases in February, but energy shock looms amid West Asia war

Australia’s inflation eased marginally in February, but rising oil prices from the West Asia conflict threaten to push costs higher again

BOJ policymakers favour further rate hikes, stress timely action amid inflation pressures

Minutes of the Bank of Japan January meeting show policymakers leaning towards further interest rate hikes, with some urging timely action to tackle rising inflation and yen weakness

Bad inflation coming, China eases fuel price hike as Iran war hits hundreds of millions of drivers

China has capped fuel price hikes to shield consumers from an oil shock triggered by the Iran war, economists warn rising energy costs could flip persistent deflation into damaging “bad inflation”

Japan inflation slips below BOJ target, clouds rate hike outlook

Cooling inflation and rising cost pressures from the West Asia conflict complicate the Bank of Japan’s policy path

ECB flags 6.3% inflation risk by 2027 under worst-case Iran war scenario

ECB warns euro-zone inflation could rise to 6.3 per cent by 2027 under a severe Iran conflict scenario, raising recession risks and rate hike bets