The Latest Breaking News from Inflation

Sri Lanka is mired in a deep political and economic crisis, and on Wednesday, the country's president flew out of the country days after a huge crowd of protesters stormed his residence. The island nation of 22 million people has suffered months of lengthy blackouts, acute food and fuel shortages…

Experts identify two main reasons why the euro has lost value and the potential effects on the European Union.

Asian stock markets are higher as investors wait for U.S. inflation data some worry might lead to more interest rate hikes

New Zealand’s central bank has lifted its benchmark interest rate by half a percentage point to 2.5% as it attempts to curb inflation

Oil edged up on Wednesday, a day after it fell through $100 a barrel for the first time since April, while traders looked towards US inflation data that could weaken the market. Brent crude futures were up 24 cents, or 0.2%, at $99.73 a barrel at 0325 GMT. US West…

U.S. inflation likely reached a new 40-year high in June, driven up by a spike in gas costs, more expensive food and rent, and pricier cars and hotel rooms

Central banks in New Zealand and Korea have pushed ahead with further super-sized interest rate rises as they attempt to tame rampant inflation.

As investors await inflation data, Bitcoin and other major coins continue to tread red waters. The global cryptocurrency market cap declined 2.85% to $864.3 billion on Tuesday.

I'm going to scream.