The Latest Breaking News from Inflation

The latest economic data could result in long-awaited interest rate cuts after the Consumer Price Index (CPI) -- a key factor in the Federal Reserve's bid to lower inflation -- came in below projections on Thursday.

US CPI rose by 3.0% year-over-year in June, slightly below expectations. Core CPI also moderated, indicating stable inflationary pressures.

Asian shares have carried on with the blistering rally on Wall Street, as Japan's Nikkei 225 index surged over 42,000 for the first time

Although former President Donald Trump's deregulatory agenda would make some positive changes, it's simply not enough.

Optimism is rising among economists, investors and Federal Reserve officials that U.S. inflation is nearly under control, with the latest report on consumer prices expected to show another month of mild increases

Jerome Powell is eyeing lower inflation, but Oxford Economics says it’ll rise after the presidential election—no matter who wins.

Gold prices in 2024 have risen strongly backed a robust demand, driven by rising speculation of potential rate cut by the Fed, central bank buying, and inflation. Thus, investors could consider buying quality gold stocks Agnico Eagle Mines (AEM), Barrick Gold (GOLD), and Kinross Gold (KGC) poised for significant upside.…

Federal Reserve Chair Powell discusses Fed's dual mandate, potential rate cuts, and bank capital requirements.

Residential construction costs have finally stabilised after a prolonged period of strong price growth put pressure on the industry.