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COVID, Yellen and Inflation

Yellen says COVID-19 stimulus may have contributed to inflation

The Treasury secretary said supply chain issues, shortages drove up prices during the pandemic, but that stimulus spending could have played a role as well.

Inc · 1d

Treasury: COVID Stimulus May Have Contributed to Inflation

U.S. Treasury Secretary Janet Yellen said spending could have have contributed "a little bit" to rising inflation.

Reuters on MSN · 1d

Yellen says COVID spending may have contributed 'a little bit' to inflation

The Biden administration's spending on stimulus to keep the economy going during the COVID pandemic may have contributed "a little bit" to inflation, U.S. Treasury Secretary Janet Yellen said in an interview on CNBC on Wednesday.

CNBC on MSN · 1d

Treasury Secretary Janet Yellen: Covid stimulus may have contributed 'a little bit' to inflation

Treasury Secretary Janet Yellen joins CNBC's 'Money Movers' to reflect on her tenure in the Biden administration.

New York Post on MSN · 1d

Janet Yellen says COVID spending may have contributed ‘little bit’ to inflation in rare admission by Biden official

The Biden administration’s spending on stimulus to keep the economy going during the COVID pandemic may have contributed a little bit to inflation, Treasury Secretary Janet Yellen said in an interview on CNBC on Wednesday.

Ghana Inflation at 8-Month High Reduces Prospect of Rate Cut

Reuters · 15h

Mexico's annual inflation eases in December, supporting further rate cuts

Mexico's headline inflation rate eased more than expected in December, fueling bets that the central bank will keep cutting its benchmark interest rate despite an uptick in the core consumer price index.

Bloomberg L.P. · 1d

Ghana Inflation at Eight-Month High Reduces Prospect of Rate Cut

Ghana’s annual inflation rate climbed to its highest level in seven months in December, reducing the prospects of an interest-rate cut later this month.

Hosted on MSN · 17h

Egypt's annual headline inflation rate drops to 23.4% in December

Egypt's annual headline inflation rate decreased to 23.4 per cent in December, down from 25 per cent in November, with the expectation that the worst impact of recent price hikes for fuel, electricity and other items may have passed.

China's Inflation Ends Year With Drop Near Zero

Bloomberg on MSN · 1d

China’s Inflation Ends Year With Drop Near Zero Despite Stimulus

China’s consumer inflation weakened further toward zero, decelerating for a fourth straight month in a setback for government efforts to stamp out deflation and revive demand by injecting stimulus into the economy.

Business Insider · 20h

China Inflation Eases To 0.1%; PPI Continues To Drop

China's consumer price inflation softened further in December and producer prices declined for 27 consecutive months despite Beijing

Reuters on MSN · 1d

China's consumer inflation slows in Dec

China's consumer inflation slowed in December, while producer price deflation persisted, as Beijing ramped up policy support to bolster a faltering economy. The consumer price index crept up 0.1% last month year-on-year,

9hon MSN

UN Raises Global Growth Forecast, But Warns That Tariff Rises Could Revive Inflation

The United Nations on Thursday raised its growth forecast for the global economy this year, anticipating a boost to ...

16h

Fed Finds New Reason for Confidence in Obscure Inflation Gauge

Top Federal Reserve officials — including Chair Jerome Powell — are increasingly pointing to an obscure price gauge as a ...

Wall Street little changed as investors assess inflation path

U.S. stocks ended little changed on Wednesday in a session they struggled for a clear direction, as investors digested the ...

Federal Reserve Worried About How Trump Policies On Tariffs And Immigration Could Impact Inflation, Minutes Show

The effects of potential changes in trade and immigration policy suggested” restoring 2% inflation “could take longer than ...

UK Inflation-Linked Yields Hit Highest Since Truss’s 2022 Rout

The yield on the UK’s 30-year inflation-linked bonds rose to 2% for the first time since the market meltdown in late 2022.

7hon MSN

UK year-ahead public inflation expectations rise to 3.7% in Dec, Citi/YouGov survey shows

British households' expectations for inflation over the next 12 months rose in December, a monthly survey from Citi and ...

10d

Economic Forecast For 2025 And Beyond: Growth With Continued Inflation

The economy will grow but at a slower pace than 2024. Inflation will remain above the Fed's target, with Trump’s policies ...

1don MSN

Eurozone Inflation Climbs Further Above ECB Target

Inflation in the eurozone rose further above the European Central Bank’s target in the final month of 2024, although that is ...

4hon MSN

New York taxpayers to get inflation relief checks, but critics question funding source

By now you've probably heard about Governor Kathy Hochul's plan to send an inflation refund check to most New York taxpayers next year.It's the first proposal t ...

Fed's Waller: More cuts likely though timing depends on inflation progress

Inflation should continue falling in 2025 and allow the U.S. Federal Reserve to further reduce interest rates, though at an ...

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COVID, Yellen and Inflation

Ghana Inflation at 8-Month High Reduces Prospect of Rate Cut

China's Inflation Ends Year With Drop Near Zero

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