United States:
Fed Delivers Fuzzier Rate Message as It Gauges Impact of Hikes
“With half-point interest-rate increases all but certain in June and July, Federal Reserve officials are shifting the focus away from a destination on hikes to something that’s trickier to determine and explain: the broader impact of their policies on the economy.”
Europe:
Europe’s Savings-Fueled Consumers Are Facing Down Inflation
“Powered by savings amassed during two years of coronavirus curbs, Europe’s consumers aren’t yet letting record inflation get in the way of a spending binge that’s underpinning the continent’s pandemic recovery.”
Asia:
China Exports Disinflation as Stimulus Helps Cut Costs: Pantheon
“China will ease global inflationary pressures this year as the nation’s pledges to support the economy help to cut production costs, according to Pantheon Macroeconomics Ltd.”
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