The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's ...

The Federal Open Market Committee’s latest policy statement on Wednesday pointed to stubborn inflation readings and an ...

During his inauguration speech, President Trump promised to use his federal powers to "defeat what was record inflation and ...

Fed Chairman Jerome Powell said the PCE inflation report in December is expected to show prices rose 2.6% in the past 12 months, or a somewhat higher 2.8% based on the core rate that omits food and ...

The optimal target for inflation is a range, so that businesses are not discouraged from risk-taking and consumers are not ...

A leading indicator of Japan's service-sector inflation hit 2.9% in December as prices rose for a broad range of services such as accommodation and transportation, data showed, keeping alive ...

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.

For the whole of 2024, core inflation averaged 2.7 per cent, down from 4.2 per cent in 2023. Overall inflation came in at 2.4 per cent for 2024, down from 4.8 per cent the previous year.

Here are key takeaways from the data. Food inflation in December 2024 has spiked to 2.5%, sharply higher than the average of the last 6 months. Four of the six major grocery groups spiked with ...

TOKYO : A leading indicator of Japan's service-sector inflation hit 2.9 per cent in December as prices rose for a broad range of services such as accommodation and transportation, data showed ...