Energy surge forces eurozone tightening
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ECB's Philip Lane and other central bankers warned rising oil and gas prices would prolong euro-area inflation and prompt renewed monetary tightening, with Lane saying an October rate hike possible.
St. Louis Fed president says more rate hikes likely needed to quell inflation www.stltoday.com/news/local/b...
St. Louis Fed president says more rate hikes likely needed to quell inflation
The Federal Reserve will likely need to hike interest rates further to lower inflation resulting from strong demand and a commodity price shock, St. Louis Fed President Alberto Musalem said.
www.stltoday.com
September 22, 2026 at 10:43 AM
St. Louis Fed president says more rate hikes likely needed to quell inflation www.stltoday.com/news/local/b...
Welfare costs of oil price shocks increase across countries with oil dependency, monetary policy reaction to inflation, and intertemporal elasticity of substitution measures. dx.doi.org/10.2139/ssrn.497...
September 21, 2026 at 6:30 PM
Welfare costs of oil price shocks increase across countries with oil dependency, monetary policy reaction to inflation, and intertemporal elasticity of substitution measures. dx.doi.org/10.2139/ssrn.497...
Reposted by Claudia Sahm
“This is exactly the painful trade-off between employment and inflation that stagflationary shocks always impose on a central bank. Unfortunately, in environments like that, the only way back is the hard way.” www.bloomberg.com/news/article...
Fed’s Goolsbee Says Road to 2% Inflation May Not Be Painless
Federal Reserve Bank of Chicago President Austan Goolsbee warned the central bank cannot ignore repeated and persistent supply shocks, and must respond in a way that may cause economic hardship.
www.bloomberg.com
September 21, 2026 at 3:25 PM
“This is exactly the painful trade-off between employment and inflation that stagflationary shocks always impose on a central bank. Unfortunately, in environments like that, the only way back is the hard way.” www.bloomberg.com/news/article...