The Latest Breaking News from Inflation

The U.K.’s central bank is set to keep interest rates on hold as inflation has moved further above its target rate even though the British economy is flatlining at best

Final UK interest rate decision of the year, as Spain’s Navantia agrees a deal to purchase Harland & Wolff’s four shipyards

The dollar index (DXY00 ) Wednesday rose by +1.04% and posted a 2-year high. The dollar rallied Wednesday after the FOMC signaled only 50 bp of interest rate cuts next year, down from a September projection of 100 bp of rate cuts. The dollar also moved higher after the FOMC...

The Federal Reserve cut interest rates as expected, but the future path of borrowing costs became more opaque.

Federal Reserve revises inflation forecast to 2.5% post-Trump's win, citing concerns about policy impacts on prices and economy.

The final rate cut of 2024 had been widely expected by economists and investors

The Federal Reserve’s third interest rate cut of the year will likely have consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses

Central bank lowers benchmark federal funds rate by a quarter of a percentage point to between 4.25% to 4.5%

"The economy is strong overall," Chairman Jerome Powell said.