The Latest Breaking News from Inflation

June S&P 500 E-Mini futures (ESM24) are down -0.24%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.18% this morning as investors braced for crucial U.S. producer inflation data due later in the day while also awaiting a policy verdict from the European Central Bank.

The US consumer price index for March stood 3.5 percent higher than a year earlier, as inflation proved stickier than expected. A rate cut from the Federal Reserve, anticipated for June, is now in doubt. Also in this edition: the UN's climate chief calls for a new finance deal for…

European Central Bank says rate cuts would be appropriate if inflation keeps falling, as BoE policymaker Megan Greene argues UK rate cuts are a way off

Learn about the impact of rising inflation in the US economy and the challenges it poses for consumers, businesses, and policymakers.

This week's CPI report is pushing interest rates higher just in time for the peak homebuying season.

Asian markets reversed Thursday after forecast-topping US inflation dealt a hefty blow to hopes for a June interest rate cut and forced traders to re-evaluate the outlook for monetary policy, with a warning that the next move could even be a hike.

The ASX200 fell 0.4 per cent after a US inflation readout came in hotter than expected for a third straight month, dimming hopes for a June rate cut.

Labor’s Future Made in Australia Act would make the government a ‘more strategic and constructive contributor’ to the economy. But what does that mean in practice?

The European Central Bank is expected to freeze its key interest rate at a record high again Thursday but pave the way for a first cut in June as inflation eases.