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Transitory inflation

Was the Bank of England largely to blame for the UK’s inflation?

by Stephen Beard
Aug 1, 2023
A new British pressure group is calling for the UK’s central bank to “lose the power to create unlimited amounts of money out of thin air.”
A new pressure group blames Britain’s central bank and its quantitative easing program for much of the problem in the United Kingdom.
Dan Kitwood/Getty Images
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Will inflation continue to come down?

by Kristin Schwab
Jul 13, 2023
Inflation has eased in many areas that had temporary spikes, from airfares to used cars. Persistent, underlying inflation is harder to tackle.
Joe Raedle/Getty Images
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Inflation is at a 30-year high

by Andy Uhler
Nov 10, 2021
The consumer price index hit 6.2% in October. Treasury chief Yellen says the price hikes won't last, but they're felt across the economy.
The consumer price index reached 6.2% in October. Above, a customer shops for flowers in Los Angeles.
Patrick T. Fallon/AFP via Getty Images
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Yellen says high inflation is temporary. And if it isn't?

by Sabri Ben-Achour
Oct 25, 2021
Treasury Secretary Janet Yellen says inflation should ease by next year, but anxiety about that is still running high.
U.S. Treasury Secretary Janet Yellen addresses a hybrid meeting in October 2021. Yellen has reiterated her belief that current inflation is only temporary.
Chip Somodevilla via Getty Images
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