Page 13 - Latest Updates on Inflation
Inflation debate must consider downsides of alternative frameworks
To be fair, the RBI or the MPC on its own cannot change the target or stop taking into account one part of the consumer basket without appropriate amendment to the RBI Act
 "Inflation debate must consider downsides of alternative frameworks")
ECB at risk of becoming too restrictive, cuts interest rates: Cipollone
"The data so far confirms our direction of travel and I hope that they will allow us to continue to be less restrictive," Cipollone told Le Monde in an interview
 "ECB at risk of becoming too restrictive, cuts interest rates: Cipollone")
Lenders' deposit shortage could put speed limit on credit-fueled investment
The govt is making the deposit crunch worse by taxing savers aggressively, but keeping the proceeds away from the financial system. Bankers are compounding the problem by not paying enough to savers
 "Lenders' deposit shortage could put speed limit on credit-fueled investment")
Oil goes higher as halted Libyan exports levels expected Opec+ supply boost
News of increased production helped push oil prices lower last week but the scale of the sell-off was overdone, said Phil Flynn, an analyst at Price Futures Group
 "Oil goes higher as halted Libyan exports levels expected Opec+ supply boost")
Pakistan inflation ceases further in Aug providing room for more rate cuts
Pakistan's central bank has slashed rates by a cumulative 250 basis points in the last two meetings and is scheduled to hold the next review on Sept 12
 "Pakistan inflation ceases further in Aug providing room for more rate cuts")
Donald Trump vows to tackle inflation, corruption at Pennsylvania rally
Trump said that he will work towards making the country a dominant energy producer in the world and claimed the country will experience a reduction in energy costs
 "Donald Trump vows to tackle inflation, corruption at Pennsylvania rally")
Inflation targeting: Why modifying the approach may be counterproductive
The current inflation-targeting regime should be suitably updated, but it should remain the framework for India's monetary policy for the foreseeable future
 "Inflation targeting: Why modifying the approach may be counterproductive")
Bank of Canada may cut interest rates deeper, faster over next year
Policymakers led by Governor Tiff Macklem are expected to lower the benchmark overnight rate to 4.25 per cent at their Sept. 4 meeting
 "Bank of Canada may cut interest rates deeper, faster over next year")
Asia shares edge up ahead of inflation data today, oil price gains
Brent rose 51 cents to $79.53 a barrel, while U.S. crude added 50 cents to $75.33 per barrel
 "Asia shares edge up ahead of inflation data today, oil price gains")
Why RBI cannot ignore food price pressures in overall inflation management
High food inflation can lead to the unanchoring of inflation expectations, which could significantly complicate overall inflation management
Who has won the inflation debate - Team Transitory or Team Permanent?
The rift between those who said inflation was transient and those who thought it permanent partly reflected differences over what caused prices to rise in the first place
 "Who has won the inflation debate - Team Transitory or Team Permanent?")
Food inflation likely to drop in coming months on good harvest: Govt report
The steady progress in the southwest monsoon has supported summer sown crops, finance ministry said in its monthly economic report
 "Food inflation likely to drop in coming months on good harvest: Govt report")
China's extreme weather takes bite out of produce as prices rise sharply
Soaring food prices this summer present an additional headache for the world's second-largest economy, which is already wrestling with thorny problems from sluggish factory output and joblessness
 "China's extreme weather takes bite out of produce as prices rise sharply")
Why it makes sense for food prices to be cut out of RBI's inflation target
Officials are depressingly hesitant to touch anything to do with food production and prices, since these are particularly sensitive politically
 "Why it makes sense for food prices to be cut out of RBI's inflation target")
US producer inflation slows in July amid signs of pricing power diminishing
The report from the Labor Department on Tuesday also showed favorable readings for most of the components that go into the calculation of the personal consumption expenditures
 "US producer inflation slows in July amid signs of pricing power diminishing")
Spiraling electricity bills overtake rent costs for some people in Pakistan
The South Asian nation - where nearly half the population survives on less than $4 a day - has seen electricity prices surge 155 per cent since 2021
 "Spiraling electricity bills overtake rent costs for some people in Pakistan")
Retail inflation cools to nearly 5-year low in July, IIP falls 4.2% in June
Food inflation remained declined to 5.42 per cent in July from 9.36 per cent in June
 "Retail inflation cools to nearly 5-year low in July, IIP falls 4.2% in June")
Govt bond yields may soften slightly as inflation falls below forecast
Market participants expect the benchmark yield to open around 6.85 per cent on Tuesday
 "Govt bond yields may soften slightly as inflation falls below forecast")
Rupee flat, forward premiums dip as focus shifts to US inflation data
The rupee has struggled over the last two weeks amid outflows from local stocks
 "Rupee flat, forward premiums dip as focus shifts to US inflation data")
Govt bond yields seen steady as markets focus on inflation prints
The RBI last week kept the key interest rate unchanged, retaining its focus on bringing inflation down
 "Govt bond yields seen steady as markets focus on inflation prints")
