The Latest Breaking News from Inflation

Imagine, for just a moment, you’re an economic policymaker tasked with managing the path of an economy. Now envisage a set of economic conditions that makes your task near-enough impossible. That, unfortunately, is where many real-life policymakers find themselves today. There’s too little growth but there’s also too much inflation.…

Nearly seven million people say they have "nothing left" to cut back as another energy bill increase and inflation hike looks to deepen the cost of living cirsis

Senator Joe Manchin, the architect of the Democrats’ new tax, climate and drugs bill, made a public pitch to his colleague Kyrsten Sinema to get on board with the legislation, arguing that it doesn’t raise taxes.

2022 has seen an "unprecedented confluence" of challenges for businesses across the world, from the protracted Covid-19 pandemic, economic slowdown and heightened inflation to geopolitical uncertainties. Small and medium enterprises (SMEs) globally are among those hit hard by such an unfavourable environment.

As inflation in the United States reaches new heights, economists are debating how high the Federal Reserve will need to hike interest rates to curb demand and rein in price growth. Some commentators believe that the Fed will need to be as aggressive as Fed Chair Paul Volcker in the…

Bustling commuters, traffic gridlocks and crowded shopping malls have become more common in the third quarter following the country's reopening in June, fuelling hopes that Thailand is now getting back on its feet.

Of all the drivers behind the dramatic rise in U.S. inflation in the past year, perhaps the most acute is the surge in energy prices. It may also be among the most persistent.

During Sunday's interview on "Meet The Press," Sen. Joe Manchin goes over his views on inflation and tax increases

Amid the geopolitical tensions and increases by the Fed to combat U.S. inflation, the rupee has been on a downward spiral. Slowing exports and an inflated import bill have also weighed down the local currency. In order to iron out sharp volatility in the rupee, the RBI has dipped into…