The Latest Breaking News from Inflation

Nvidia helped keep the Nasdaq and S&P 500 above water Monday, though the Dow Industrials wasn't so resilient.

Short-term inflation expectations remain steady, with the one-year outlook holding at 3.0% and the five-year forecast unchanged at 2.8%.

Moynihan said a reduction could be necessary as early as September if inflation continues to ease.

After a painful collapse fuelled by a big miss on US jobs creation, equities managed to bounce back over the following days and ended Friday on a healthy note.

September S&P 500 E-Mini futures (ESU24) are up +0.10%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.21% this morning as investors looked ahead to the release of U.S. inflation data, quarterly earnings reports from retail heavyweights, and remarks from Federal Reserve officials.

Catherine Mann says Britain should not be ‘seduced’ by price rises easing to the BoE’s target

Brent crude hits $80 as tensions betwen Israel and Iran rise, while rouble slides after Ukraine’s incursion into Russia

The great inflation spike of the past three years is nearly spent — and economists credit American consumers for helping slay it

City economists predict annual rate to rise to 2.3% in July after two months at Bank’s 2% target

Asian markets were mixed Monday as investors try to move on from last week's upheaval that was fuelled by US recession worries, with focus on the release of key inflation and retail data.

The S&P 500 made for some wild trading last week with huge intraday fluctuations. Mixed news and poor bond auctions were partially to blame, but even through all the volatility, it ended the week just about flat.