The Latest Breaking News from Inflation

Even after inflation has steadily eased this year, the Federal Reserve’s policymakers still think prices are rising too fast and are almost certain to lift their key interest rate by a quarter-point on Wednesday

Drop was more than expected by economists, increasing likelihood the Reserve Bank will extend its interest rate pause next week

Few events are a greater catalyst for stock price movement than Fed meetings. And the one coming up Wednesday 7/26 closely watched by investors to see if Fed officials are ready for the long awaiting “dovish pivot”. If so, then it bodes well for the recent S&P 500 (SPY) advance.…

After peaking during the pandemic, housing sales have slowed but prices remain elevated. Where is the housing market headed?

Two years after Tunisian President Kais Saied suspended parliament and extended his executive powers, our correspondents report on where the situation currently stands. Also in this edition: Zimbabwe is gearing up for an election in one month's time, but rising inflation could affect the way the vote goes and upset…

In the land of the bears, Tom Lee is the bull that had a 2023 stampede. “Corporate resilience” should never be counted out, he told CNBC.

Strong job market and decreasing inflation drive optimism as Fed prepares for interest rate hike.

The International Monetary Fund is projecting that global economic growth will see a slight improvement compared to its previous projections but cautions that many challenges still cloud the horizon

U.S. consumer confidence shot to the highest level in two years this month as inflationary pressures eased and the American economy continued to show resilience in the face of dramatically higher interest rates

US Fed will also have to raise rates more aggressively than forecast, says Washington-based body

The Fed's July meeting starts today and most traders expect a 25-basis point rate hike. Could Fed Chair Jerome Powell play the rally-killer yet again, or give traders more reasons to buy?