Traders now expect Europe’s central bankers to raise rates this year to address a sharp increase in inflation because of higher energy prices.
Category: Prices (Fares, Fees and Rates)
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Central Banks Brace for Inflation as Energy Prices Surge
The New York Times – Business: -
Attacks on Energy Infrastructure Could Lead to Much Higher Prices
The New York Times – Business:Attacks on oil and natural gas facilities this week could make it much harder for Persian Gulf countries to rebuild and restart production when the war eventually end.
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Gas Prices in Japan Hit Record High, Testing Leader’s Cost-of-Living Pledge
The New York Times – Business:Japan is deploying subsidies to blunt fuel price increases but remains vulnerable to the long-term economic risks of the war in the Middle East.
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Gas Prices in Japan Hit Record High, Testing Leader’s Cost-of-Living Pledge
The New York Times – Business:Japan is deploying subsidies to blunt fuel price increases but remains vulnerable to the long-term economic risks of the war in the Middle East.
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Oil Prices Keep Climbing on Heightened Fears Over Energy Supplies
The New York Times – Business:Attacks on major energy facilities in Iran and Qatar injected new uncertainty into the outlook for oil and gas prices.
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The Iran War’s Economic Threat to Europe and Asia
The New York Times – Business:Inflation and its consequences for growth is a growing concern for countries where memories of the 2022 energy crisis are fresh.
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Ozempic Is About to Go Generic in India, China and Canada
The New York Times – Business:In India, China and several other nations, Novo Nordisk is on the verge of losing patent protection for its blockbuster weight loss drug, opening the door for cheaper competing versions.
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Trump Renews Demand for Rate Cuts as Fed Grapples With War in Iran
The New York Times – Business:Oil prices are soaring, threatening a wider problem with inflation, but the president has insisted that borrowing costs must be lowered.
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Iran’s South Pars Gas Field Is Attacked, Sending Energy Prices Soaring
The New York Times – Business:The field is part of a vast gas reservoir shared by Iran and Qatar. The strike appeared to be one of the most significant attacks on an energy site since the U.S.-Israeli air war against Iran began.
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U.S. Suspends Oil Shipping Rules to Ease Gas Price Pressures
The New York Times – Business:The Jones Act dictates that only ships made in the United States can transport cargo between U.S. ports. Such vessels, which must also be crewed by Americans, charge customers more than foreign ships.
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Why This Jump in Gas Prices Feels Different
The New York Times – Business:A state-by-state look at the increase and how it could affect you.
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The Cost of the A.I. Boom: A Trade Deficit the President Detests
The New York Times – Business:A recent surge of A.I.-related imports has become an impediment to the smaller trade deficit President Trump wants.