Allianz chief economic adviser Mohamed El-Erian said both interest rate cuts and hikes are currently off the table following the latest inflation data, which showed headline inflation at a three-year ...

Central banks are again poised to raise rates against an oil-shock inflation — and again the costs will dwarf the effects.

Advanced economies are grappling with a pernicious mix of high and rising public debt and persistent inflation. The textbook remedy for this twin challenge is a mix of monetary and fiscal policies: ...