In our 2022 book Inflation: What It Is, Why It’s Bad, and How To Fix It, we said: When the price of gold rises – in other words, when more money is needed to buy an ounce of gold – that usually means ...
FRANKFURT, March 23 (Reuters) - The European Central Bank cannot prevent a surge in inflation from sharply higher energy prices but must act if it fears rapid price growth is at risk of getting ...
FRANKFURT, March 20 (Reuters) - A sharp rise in energy costs could fuel broader inflation in Europe and the European Central Bank must tighten policy if such "second-round" impacts become apparent, ...
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