US Fed widely expected to raise interest rates by 0.75% points
"We expect inflation to remain undesirably high for some time, owing to continued pressures from energy and food prices and pipeline pressures in the pricing chain," said Christine Lagarde, president of the European Central Bank.
Jul 26, 2022, 12:06 PM ISTChina consumer inflation rate rises to 1.4% in June
Inflation has been subdued in China as economic growth slows and commodity prices have fallen, with some economists raising the threat of deflation -- a debilitating and sustained fall in prices.
Jul 09, 2015, 08:10 AM IST