Higher gasoline prices and the tense standoff in the Middle East helped push consumer sentiment to a new all-time low in May, with rising anxiety about future inflation, according to the University of Michigan’s monthly survey.
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BOJ Governor Sees Oil Price Surge as Test of Inflationary Mettle
The current energy shock could rewrite Japan’s inflation outlook, but the impact isn’t black and white, says Bank of Japan Gov. Kazuo Ueda. Source link
