The Latest Breaking News from Inflation

Türkiye’s central bank raised its projection for year-end inflation by nearly five percentage points, citing the higher costs of energy and other imports. Governor Sahap Kavcioglu said Turkish consumer inflation would be around 65.2% at the end of 2022, up from the central bank’s July forecast of 60.4%. The bank…

Polls indicate tide shifting toward Republicans with high inflation rates and gas prices working in their favor

Ukraine's economy will shrink by almost 32% this year and annual inflation will accelerate to 30%, largely due to the damage done by Russia's invasion, the Ukrainian central bank said on Thursday.

Amazon’s efforts to boost revenues may not pay off as inflation and receding consumer demand bite into profits.

Inflation hedge Series I savings bonds paying 9.62% unleashed a flood of buyers to the Treasury Department website on Wednesday, crashing the website ahead of a Friday deadline to receive the guaranteed 9.62% interest rate. What Happened: "Due to exceptionally high traffic, the TreasuryDirect website has experienced intermittent slowdowns today,"…

Dimuthu Peterson is building a home and is trapped between rising rates and rents. The Perth mother feels hopeless in the current economy dogged by inflation.

Following closely on the heels of the European Central Bank and the U.S. Federal Reserve Board, the Bank of Canada has raised its target interest rate by 50 basis points. This is its sixth interest rate hike this year.

Retail sales rose last month, with consumers showing resilience. However, the persistently high inflation and growing recession concerns are prompting consumers to cut back on discretionary spending. While investors looking for retail investments could consider buying Dillard’s (DDS) and Movado (MOV), we think Gap (GPS) and RealReal (REAL) might be…

Royal College of Midwives will soon ballot English and Welsh members after below-inflation offer is rejected in Scotland