February 14, 2025/CSL Research Consumer prices in the United States surged in January 2025, recording the sharpest increase in nearly 18 months. The Consumer Price Index (CPI) rose by 0.5% month-on-month (m/m), the largest gain since August 2023, accelerating from December 2024’s 0.4% m/m increase. On a year-on-year (y/y) basis, […]

(Credit: Klaas Jan Schraa/iStock by Getty Images) February 13, 2025/IMFBlog By Katharina Bergant, Mai Hakamada, Divya Kirti, and Rui C. Mano Before the pandemic, investors worried about how persistently low inflation and interest rates would crimp bank profits. Paradoxically, they also worried about bank profitability when post-COVID reopening sent inflation […]

February 13, 2025/FBNQuest Research Culled: Proshare Data from the Central Bank of Nigeria (CBN) shows that Nigeria’s gross official reserves decreased by almost -US$1.2bn month-on-month (MoM) to US$39.7bn as of end-January 2025. The decrease in January is significant, as it marks the sharpest attrition in the reserves position since April […]