News about inflation: events, facts and developments on tafs uz.
37 stories
The US Federal Reserve System, following its October 28 meeting, kept the benchmark rate in the range of 3.75–4%. The decision was adopted by a 10-to-2 vote: Lisa Cook and Beth Hammack argued for a 25-basis-point increase. The regulator noted high inflation against the backdrop of strong economic growth.
Aziz KarimovWednesday, 19:00 Central European Time: the Federal Reserve will announce its rate decision. Markets are nearly certain of a pause, but assign a high probability to a hike in December amid inflation of 3.7%, record fuel prices and Trump's pressure on the regulator. Wednesday, 19:00 Central European Time: the Federal Reserve will announce its rate decision. Markets are almost certain of a pause, but price in a high probability of a hike in December amid inflation of 3.7%, record fuel prices and pressure from Trump on the regulator.
Aziz KarimovBBC describes a dilemma familiar to Trump: economic indicators are solid, but prices keep rising, and voters judge the economy by personal experience. We look at how the 2026 situation differs from Biden's and what measures the White House is discussing. BBC describes a dilemma familiar to Trump: economic indicators are steady, but prices keep rising, and voters judge the economy by personal experience. We examine how the 2026 situation differs from Biden's and what measures the White House is discussing.
Aziz KarimovNew nationwide demonstrations over the cost of living took place in France on Saturday. Police used tear gas in Lyon, 70,000 law enforcement officers were mobilized, the Louvre and the Musée d'Orsay were closed, and shops were boarded up with shields. Tensions are heightened by Marine Le Pen's National Rally congress ahead of the election in six months. On Saturday, new nationwide demonstrations took place in France over the rising cost of living. Police used tear gas in Lyon, 70,000 law enforcement officers were mobilized, the Louvre and the Musée d'Orsay are closed, and shops have been boarded up. Tension is heightened by Le Pen's National Rally congress ahead of elections in six months.
Otabek YusupovThe European Central Bank is expected this week to keep its rate at 2.5% amid rising inflation driven by the energy shock. Markets' main attention is on France: its bond yields have hit their highest level since 2002, but most observers consider activation of the anti-crisis TPI tool unlikely.
Otabek YusupovChancellor of the Exchequer John Healey is preparing a Budget he will present on Wednesday at around 13:00 in the House of Commons. Preparations are taking place amid unprecedented secrecy, even though the economy is growing faster than forecast: inflation stood at 3.5% in September, while borrowing costs are higher than expected. Key decisions concern borrowing, welfare spending and fiscal rules. Chancellor of the Exchequer John Healey is preparing a budget that he will present on Wednesday at around 13:00 in the House of Commons. The preparations are taking place amid unprecedented secrecy, even though the economy is growing faster than forecast: inflation stood at 3.5% in September, while borrowing costs are higher than expected. Key decisions concern borrowing, welfare spending and fiscal rules.
Otabek YusupovThe Federal Reserve is likely to leave its benchmark rate unchanged at the October 28 meeting, despite inflation above target and market expectations of a hike by the end of the year. The meeting takes place days before the November 3 midterm elections, and analysts differ on whether a political factor is at play.
Otabek YusupovAccording to Numbeo data for mid-2026, the grocery index in Europe ranges from 57.2 in Moldova to 189.2 in Switzerland, with the EU average set at 100. Euronews Business also calculated the cost of a basket of 18 items: €69.84 on average across the EU. Experts explain the price spread by energy, fuel and labor costs, noting that low prices do not mean greater affordability. According to Numbeo data for mid-2026, the grocery index in Europe ranges from 57.2 in Moldova to 189.2 in Switzerland, with the EU average set at 100. Euronews Business also calculated the cost of a basket of 18 items: the EU average is €69.84. Experts attribute the price spread to energy, fuel and labour costs, noting that low prices do not mean greater affordability.
Aziz KarimovGold traded around $4,015 per ounce, approaching lows not seen in nearly three months. Pressure came from a selloff in technology and AI stocks, rising oil prices, and inflation concerns, while uncertainty over the sustainability of AI investments partially supported the metal.
Sevara AzamovaAccording to a survey by inFO commissioned by the Bank of Russia, Russians' inflation expectations fell noticeably in October: annual inflation per the Central Bank's data declined from 15.1% to 14.5%. Expectations for a year ahead are 13.2%, for five years — 12.2%. Among those with savings, expectations fell to 11.6%, among those without — to 14.6%.
Javlon TursunovAccording to the Office for National Statistics, by the end of September 2026 UK government debt reached three trillion pounds (about $4.01 trillion) — a historic maximum in absolute terms. Borrowing for April–September amounted to £97.8 billion, £6 billion above the Office for Budget Responsibility forecast. Inflation accelerated to 3.5% in September, and debt interest costs rose by 16.6%. The data was published a week before the budget on 28 October.
Sevara AzamovaMass protests have swept a number of countries in Europe and Asia. In France, more than 500,000 people took to the streets, with incidents of vandalism reported. There is no single unifying cause, but the backdrop is the rising cost of living and, according to UBS, an enormous wealth gap: 1.5% of adults own 48.4% of the world's capital.
Sevara AzamovaThe Central Bank of the Republic of Turkey, led by Governor Fatih Karahan, cut the one-week repo rate by 100 basis points — from 37% to 36%, in line with market expectations. This is the first change after five consecutive meetings without adjustments. Overnight rates were lowered at the same time.
Javlon TursunovFinancial analyst Mikhail Novachuk predicts the key rate will remain at 14% at the Central Bank meeting on October 23 and does not expect significant policy easing until the end of 2026. He names high inflation expectations as the main obstacle, allowing only minor adjustments.
Sevara AzamovaOn Thursday, gold fell below $4,100 per ounce, while silver dropped about 3.6%. Rising oil prices following an attack on Saudi Aramco's Shaybah oil field heightened inflation concerns and lowered expectations for monetary policy easing. Markets expect the Fed, ECB, and Bank of Japan to keep rates unchanged.
Javlon TursunovAmid prolonged inflation, Japanese entertainment centers are installing claw machines stocked with eggs, rice, toilet paper and detergents. The 'prize game' market grew to 417.7 billion yen in 2024, and retailers, including Aeon Fantasy, are opening special zones to attract budget-conscious families.
Sevara AzamovaOver the year, basil in Russia has risen in price by about a third: the average price of fresh herbs has reached about 5,650 rubles per kilogram. In a Moscow-region Lenta store, a 32-gram pack of red basil cost 185 rubles — almost 5.8 thousand rubles when recalculated per kilogram. Green basil is cheaper — about 3 thousand rubles per kilogram.
Javlon TursunovIn September 2026, inflation in the euro area stood at 3.8%, but the spread within it is wide: 2.7% in Finland, 3.3% in Germany and 6.1% in Lithuania under a single ECB rate of 2.50%. The main driver was an 18.9% rise in energy prices, while the differences are explained by energy mix, taxes and wage dynamics.
Javlon Tursunov
