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Central banks world wide are lowering borrowing costs as global inflation eases from the multi-decade highs reached in lots of countries lately.
The FT global inflation and rates of interest tracker provides a repeatedly updated visual narrative of consumer price inflation and central bank policy rates world wide.
This page covers the aspects affecting policymakers’ decisions on borrowing costs and whether central banks have increased or decreased rates of interest.
Higher borrowing costs have helped ease the fast pace of price growth that swept the world in the course of the pandemic.
While inflation in most nations has come down from its peak, many policymakers have warned that the last leg of the journey to central banks’ goal — which in most advanced economies is 2 per cent — will probably be the toughest.
You need to use this page to watch inflation and rates of interest in most individual countries.
This page also tracks measures which might be closely monitored for signs of how inflation and policy rates might evolve within the months ahead.
The newest figures for the world’s largest economies show that inflation stays elevated in some countries, excluding food and energy, a key measure of underlying price pressures.
Wholesale energy costs provide a timely measure of the value pressures consumers might face in the approaching months.
An increase in energy prices was the predominant driver of inflation in lots of countries lately, but gas and electricity costs have retreated from their peaks in the course of the energy crisis that followed Russia’s full-scale invasion of Ukraine.
This page also tracks the yields on 2-year government bond yields, that are strongly affected by market expectations of rates of interest over that point.
The associated fee of homes soared in lots of countries in the course of the pandemic, but high mortgage rates have led to a slowdown in house price growth in quite a lot of countries.
