The consumer price index increased 9.1% from a year ago in June, the fastest pace since 1981. CNBC's Emily Lorsch explains inflation and what causes it.
Speaking in Singapore, Bank of England Deputy Governer Jon Cunliffe said regulators need to "get on the job" of regulating cryptos, and shared insights on
The prime minister is unlikely to make any real movement on that front soon, said Tobias Harris, senior fellow for Asia at the Center for American Progress.
Food prices fell for 3 straight months in June, FAO's food price index showed — but "factors that drove global prices high in the first place are still at play."
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