The People’s Bank of China said in its first-quarter monetary policy report that imported inflation risks require “close monitoring.”
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China Central Bank Warns on Imported Inflation Risks
A wartime surge in energy prices is slamming consumers while boosting investors, widening a divide in the U.S. economy
A wartime price surge is slamming consumers while boosting investors. Source link
Dollar Rises to Two-Week High on Further Evidence of Price Pressures
The dollar rose to a two-week high against a basket of currencies after data showed a stronger-than-expected rise in import prices as petroleum prices jumped. […]
Fed’s Waller: Inflation Risks Mean Fed Should No Longer Signal Cuts
Christopher Waller said holding rates steady will likely be the right course for the foreseeable future, and he can no longer rule out rate hikes […]