Inflation at the retail level has remained above the central bank's tolerance band of 2-6% for five months in a row, even though it eased marginally in May
While conceding his words may have been inappropriate, Bank of Japan governor Haruhiko Kuroda said the remark was intended to help explain the need for more wage growth
Inflation is "scary" and hurting Americans financially but is a complicated issue with many causes, Katherine Tai said in remarks to the Washington International Trade Association
Unlike its US and European counterparts, the BoJ does not face a trade-off between the need to tame inflation and support the economy, Kuroda says
CPI data showed that consumer price pressures rose, while the Producer Price Index was contained by measures to stabilise commodity prices and increase supply
Inflation in Asia is starting to pick up at a time China’s economic slowdown is adding to pressure on regional growth
Global policymakers have moved quickly to prevent soaring inflation from derailing a fragile world economic recovery
Asian restaurants and street food hawkers like Ma's face the tough choice of taking the hit from higher costs or passing them on and risk losing loyal customers
Regional economies have largely lagged behind US and European re-openings from the pandemic, but central banks that looked past inflation pressures are now reassessing their positions
(ATF) In the eye of last year’s financial market storm, the entire US yield curve sank below 1%....