Inflation

Price instability demands attention: IMF's Lipsky

Central bankers must monitor the recent wave of inflation, which threatens to undermine prospects for restoring the favourable economic climate of recent years, John Lipsky, the International Monetary Fund's first deputy managing director, warned.

OECD inflation hits 3.5%

CPI inflation in the 30 member economies of the Organisation of Economic Co-operation and Development (OECD) rose to 3.5% in the year to March, up from 3.4% the previous month.

SA inflation surpasses 10% mark

South African inflation surged to its highest level since December 2002 last month, heightening the need for the country's central bank to act against political opposition and raise rates further.

BoE must remain focused on inflation

Monetary policy in the UK ought to remain focused on achieving price stability as defined by the inflation target, Tim Besley, a member of the Bank of England's rate-setting committee, has said.

Mexico holds rates at 7.5%

The Bank of Mexico kept its benchmark one-day interbank rate at 7.5% for the sixth-straight month despite expectations that the US slowdown would impact Mexican growth.

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