May 14, 2024/Oilprice.com Tom Kool Editor, Oilprice.com The week began positively with robust U.S. gasoline demand and improved Chinese consumption, but optimism waned as Tuesday’s higher-than-expected U.S. inflation data weighed on oil prices. Plunging Diesel Cracks Bring Refinery Run Cuts Back on the Agenda – Higher supply of diesel is […]
OPINION/EDITORIAL
Global Headline Inflation Moderates but Stays Above Long-Run Target
May 14, 2024/FBNQuest Research Following the implementation of aggressive monetary policy tightening, global central banks have made significant progress in bringing inflation down to their long-run target of 2%. While headline inflation in the UK eased slightly to 3.2% y/y in March, down from 3.4% y/y the previous month, preliminary […]
Communicating about Monetary Policy
At “Central Bank Communications: Theory and Practice,” a conference hosted by the Federal Reserve Bank of Cleveland, Cleveland, Ohio May 13, 2024/US Federal Reserve By Vice Chair Philip N. Jefferson Introduction Thank you, Ed, for the kind introduction and for the opportunity to speak.1 You and the organizers of this […]

