The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts. That may be broadly good news for the Fed.
The optimal target for inflation is a range, so that businesses are not discouraged from risk-taking and consumers are not trying to front-run rising prices. The U.S. Federal Reserve has initiated its every-five-year review of monetary policy strategy,
Inflation was a driving force behind Donald Trump's election victory, but he's put the issue on the back burner during his first week in office.
Zimbabwe's inflation rate rose sharply in January in both U.S. dollar and local currency terms, spurred by food and housing prices. In dollar terms inflation accelerated to 14.6% year on year after rising by 2.
Wednesday's inflation outcome may well turn out to be the Albanese government's first genuine political break in well over a year. We'll know for sure when the Reserve Bank meets next month.
Rising food and housing costs have hit the lowest-income Americans the hardest in recent years.
Hers set out to find how much the prices of healthy groceries have gone up in the U.S.—how much did the cost of eggs really increase in the past year?—and which items have been the most resistant to inflation to help support your healthy eating goals and your budget in 2025.
Investors are snapping up crude oil futures as a hedge against the risk that U.S. President Donald Trump's threatened trade tariffs will cause a resurgence in global inflation, adding momentum to a recent rally in oil prices sparked by a tightening of sanctions on Russia.
Recent data from the Bureau of Labor Statistics shows the cost of living continues to outpace earnings, leaving many Americans struggling to make ends meet.
South Africa's statistics agency has updated its consumer inflation basket for the first time since 2022, including items like rosé wine, air fryers and streaming services to reflect changes in spending habits.
Better bank earnings and inflation readings sent bond and stock prices higher. Earnings and politics will likely have the most significant impact on markets this week.
Economists and analysts aren’t convinced that an expansion of oil and gas production will lower consumer prices.