Not the Inflation Surge of 2021–22 The ECB said in a Sept. 1 blog post that while this period of rising inflation might resemble the inflation surge of 2021–22, its drivers are different.

surrounding U.S. tariffs, but inflation remained “too high.”

Inflation was the centerpiece of his approximately 3,500-word oration.

"Recent RBA communication has focused on upside risks to inflation," Dunk and Zheng said in a research note.

Ted Cruz (R-Texas) sponsored the Capital Gains Inflation Relief Act of 2025 to index capital gains to inflation. In March, Cruz and Sen.

Core inflation was in line with economists’ expectations. Monetary policymakers use PCE as an inflation-forecasting tool, placing more weight on it than on the consumer price index.

Inflation can be scary for retirees. True, Social Security provides inflation increases in line with the consumer price index, or CPI. But any portfolio income, say, allocations to inflation-protected bonds, isn’t inherently inflation-protected.

A chorus of officials also stated that 64 months of inflation above 2 percent could affect inflation expectations, as well as wage- and price-setting decisions.

In addition to relief at the gas pumps, June's inflation figures showed an easing at grocery stores. Food inflation slowed to 3.5 percent that month, down from 3.8 percent in May.

Canada’s inflation rate had fallen to 2.8 percent in June, after reaching 3.2 percent in May.Core inflation measures, which exclude “volatile” components like food and gasoline, remained stable in July, the agency said.

On a 12-month basis, producer inflation slowed to a lower-than-expected 4.7 percent, from 5.5 percent in June. A divergence in goods and services inflation was reflected in the wholesale inflation report, the bureau said.

Excluding the volatile energy and food categories, the 12-month core inflation rate also eased to 2.5 percent, from 2.6 percent. From June to July, core inflation jumped by 0.2 percent. Both readings matched the consensus forecast.

Falling energy prices helped inflation pressures ease last month, new government data released on Aug. 12 show.

“Although inflation remains elevated, [Wednesday’s] report should give investors greater confidence that peak inflation appears to be behind us,” Bret Kenwell, eToro U.S. investment analyst, told The Epoch Times.

From May to June, PCE inflation fell by 0.1 percent, from an upwardly revised 0.5 percent. The latest inflation numbers are consistent with other reports spotlighting a deceleration in price pressures.

This is a good time to remind investors that the U.S. remains an economic oasis compared to the rest of the world.

So much in the way of government operations, raises, and calculations of all sorts is affected by the official inflation rate, which has consistently underreported inflation using statistical manipulations.

NEW ‌YORK—Some U.S. investors who once relied on bonds to cushion equity selloffs are making more room ‌for commodities, infrastructure, private credit and other inflation-sensitive assets to protect themselves against inflation.

The UK inflation rate remained above that of several major European economies despite the latest slowdown.

On a 12-month basis, wholesale inflation slowed to 5.5 percent, lower than expected. Inflation has been accelerating since the start of the war in Iran in late February.

“As we have said before, we will not let higher oil prices become persistent inflation,” he said.

Excluding the volatile energy and food categories, core inflation came in at zero percent. The annual core inflation rate slowed to 2.6 percent from 2.9 percent. Looking ahead, the near-term inflation outlook is uncertain due to the ongoing U.S.

"Wholesale inflation will remain elevated with negotiations between the U.S. and Iran hitting a roadblock.

“And if we get policy right—and we will—the inflation surge of the last five years will be a thing of the past.” Like other advanced central banks worldwide, the Federal Reserve maintains a 2 percent inflation target.

Statistics Canada reported food inflation in May rose 4.3 percent year-over-year, outpacing headline inflation for the 16th consecutive month.

Part of its key findings found that 21 percent of business owners cited inflation as their single "most important business problem," up three points from May and marking the highest reading since October 2024. Inflation ranks as the top problem.

The central bank is fighting inflation with instruments that cannot reach its largest single source.

As we have said before, we will not let higher oil prices become persistent inflation,” he said.

“Suffice it to say that some of the concerns over growth in this report and, especially on inflation, should be behind us,” Kavcic wrote.

By Mia Taylor TravelPulse Like many Americans, I have found it harder and harder to make ends meet over the past year amid skyrocketing inflation. My grocery and energy bills have more than doubled.