The Latest Breaking News from Inflation

The Fed's narrative faces its sternest test of the year this week.

Stock Market Today: The Dow Jones dropped Monday ahead of pivotal inflation reports this week. AI stock Monday.com soared on earnings.

Consumer price index and retail sales data this week should ease economic concerns, but markets may reel in odds of a big Fed rate cut as the S&P 500 tries to break a four-week losing streak.

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

Market volatility has eased from last week's historic surge as investors brace for a key slate of economic data on Wall Street.

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