Inflation accelerated in January, rising 3% on an annual basis, indicating that the Federal Reserve's push to drive inflation down to a 2% annual rate has stalled out, at least temporarily.
Inflation slowed through much of last year – falling as low as 2.4% from a 40-year high of 9.1% in mid-2022 – but it has remained stubbornly high since fall. The cost of services such as car insurance ...
What You Need to Know Federal Reserve Chair Jerome Powell Tuesday acknowledged the Fed has limited ability to influence ...
UK inflation unexpectedly slowed in December, according to new figures from the Office for National Statistics (ONS). The Consumer Prices Index (CPI) data helped provide a boost to the Government ...
But some at the Bank of England can see a scenario where cheaper tariff imports, for example from China, are diverted to the UK helping to rein in UK inflation. What actually happens is again ...
The majority believe Trump’s threat to raise tariffs will hurt the U.S. economy and drive inflation higher. However, some said tariffs would lower prices, while others believed import taxes ...
As a result, many Filipinos continue to question: why is inflation so aggressive? The National Economic Development Authority ...
The PA news agency looks at the outcome of the Bank of England’s decision, and whether rates will fall again soon.
French inflation was slightly lower than expected in January and should remain subdued over the course of 2025. Food prices were virtually unchanged year-on-year, while tobacco prices slowed to 6% ...