Inflation rose to 3.7 percent.

The entities involved

• inflation →

  theory of rapid universe expansion

  • US-Iran truce aims to reopen Strait of Hormuz amid global monetary policy shifts and oil price drops.Mon 17:37
  • Chinese brands are gaining market share from Tesla, while soaring oil prices fuel inflation, forcing the Fed to hike interest rates.Mon 14:45
• European Central Bank →

  central bank of the European Union and the eurozone

  • The European Central Bank is forced to raise interest rates due to energy price shocks from the Iran war and an influx of Chinese exports.Mon 17:49
  • ECB has established swap line arrangements with central banks, with the ECB President leading central bank operations.Mon 17:35

Related events

• ECB economists published inflation research in Frankfurt.Sep 3
• Inflation targets were missed, necessitating the maintenance of high interest rates by central banks.Jun 7
• The European Central Bank and the South African Reserve Bank are both reacting to global inflation.Fri 14:29
• The Bank of England may raise interest rates to tame inflation that has picked up as a result of the Iran war.Sep 3
• Central banks, including the ECB and Norges Bank, are tightening monetary policy in response to inflation driven by the Middle East war.Thu 09:52