The Latest Breaking News from Inflation

The Bank of England is expected to raise interest rates by as much as half a percentage point

UK central bank predicts much shallower recession than feared, but says Brexit hit has arrived sooner than thought

Bitcoin hit the highest since August as investors interpreted Federal Reserve Chair Jerome Powell’s comments about progress on inflation as a sign that a less harsh monetary policy backdrop lies ahead.

The Federal Reserve raised its key rate by a quarter point Wednesday, bringing it to the highest level in 15 years as part of an ongoing effort to ease inflation by making borrowing more expensive

Bitcoin hit the highest since August as investors interpreted Federal Reserve Chair Jerome Powell’s comments about progress on inflation as a sign that a less harsh monetary policy backdrop lies ahead.

Federal Reserve Chair Jerome Powell said policymakers expect to deliver a “couple” more interest-rate increases before putting their aggressive tightening campaign on hold, even as they slowed their drive to curb inflation.

A feeling of déjà vu pervaded the French capital on Monday as hundreds of thousands of protesters unfurled their posters and strikes paralysed public transport in opposition to the government’s announced pension reform. The proposed changes, a cornerstone of Macron's reform agenda but also a high-stakes test of his reputation…

One in three schools in Wales was affected by the strike - either shut or partially shut

The Federal Reserve’s policy-setting committee lifted interest rates on Feb. 1, 2023, by a quarter of a percentage point to a range of 4.5% to 4.75%. The increase, the smallest since the Fed began an aggressive campaign of rate hikes in March 2022, came amid signs the fastest pace of…