Ireland’s Central Bank has flagged the ongoing conflict in the Middle East as a significant upside risk to domestic inflation, warning that a sharper escalation could...
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Tag: energy prices
Bank of Japan Lifts Rates to Highest Level in Three Decades
Japan’s central bank has raised its benchmark interest rate to its highest level since 1995, citing persistent inflation driven in large part by elevated global energy...
Global Inflation Pressures Build as Prolonged Conflict Weighs on World Economy
Inflation across the global economy continues to mount, with an ongoing armed conflict adding pressure to supply chains, energy costs, and food prices worldwide. The combination...