The impact of high energy prices on daily life and the economy: a closer look at inflation, central bank policy and its effect on consumers and businesses.
The Fed's preferred measure of inflation, Personal Consumption Expenditures, has been running at an annual rate of 5.5%, which is well above the target
According to the Bank of England's monthly survey of corporate decision-makers, business leaders in the UK expect to see an acceleration in inflation and wage growth in the coming years