The Latest Breaking News from Inflation

More U.S. consumers are saddled with credit-card debts for longer periods of time, according to a survey, struggling to pay down amid high inflation and rising interest rates.

The pub made the decision to 'reverse the tide of inflation' affecting families

Federal Reserve Chair Jerome Powell bluntly warned in a speech last month that the Fed’s drive to curb inflation by aggressively raising interest rates would “bring some pain.”

WASHINGTON – The Louisville mother who has sketched out a plan just to pay for groceries. The Nevada office worker who has replaced her children’s juice with water. The Arizona family forced to the food bank to put dinner on the table.

More on who will ultimately be left to foot the bill

Governors of Arab central banks and monetary institutions announced that central banks in the region have maintained capital and liquidity adequacy above the minimum limits established in the Basel Agreement, noting that the total debt in the sector exceeded $756 billion. For his part, the Governor of the Saudi Central…

Syria's central bank has weakened its official exchange rate to 3,015 Syrian pounds to the dollar, a central bank statement said on Monday, while black market rates used for most economic activity sat around 4,440. The official rate was previously set at 2,814 Syria's economy, crippled by more than a…

President Joe Biden declared the COVID-19 pandemic “over” and said Americans would gain “control” of inflation, outlining a rosy view for the US economy in an interview less than two months before crucial midterm elections.

The pandemic has highlighted how interconnected the world is right now

The U.S. Federal Reserve, which meets this week to decide on interest rates, has helped to cool the overheated housing market even though inflation across the country is still “uncomfortably high,” White House economic adviser Jared Bernstein said.

Vietnam, an emerging market with one of the highest growth rates in the world, has drawn significant investments from abroad.