The Latest Breaking News from Inflation

Asian markets wobbled Wednesday ahead of key US inflation data later in the day, with traders struggling to pick up the baton after a record performance on Wall Street.

The recent rally for the S&P 500 (SPY) is nice to see. However, it is quite possible this is the end of the line for recent stock gains with more downside ahead. To explain the 2 distinct possibilities for stocks at this time is 44 year investment veteran Steve Reitmeister…

Workers enjoyed a pay-packet bump in the March quarter but a drop in the wage price index has eased fears wages are contributing to inflation.

Another era of prosperity is at the heart of the government's new industry plan, yet much hinges on its design to ensure taxpayer funds are used wisely.

Business groups have called for more productivity measures but warned federal budget spending boosts to tackle cost-of-living pressures could fuel inflation.

Federal Reserve chair Jerome Powell said Tuesday that hot US inflation data has lowered his level of confidence that price rises will slow back down towards the bank's long-term target.

The Federal Reserve's multi-year battle with inflation continues to grind on the U.S. economy after Tuesday's data revealed a higher-than-expected increase in the Producer Price Index.

Major shortfalls predicted over next two years as Jim Chalmers downplays potential for inflationary pressures

A surplus matters less than what choices the government makes in its budget – here’s what Jim Chalmers’ statement tells us