The Latest Breaking News from Inflation

Boris Johnson has urged Nato allies to “dig deep” and spend more on defence, warning that threats to the West over the next decade are set to grow.

U.S. consumers were less confident again in June as persistent inflation and rising interest rates have Americans as pessimistic as they’ve been about the future in almost a decade

Plus: A New Hampshire distiller fights invasive species by turning them into whiskey, a New York City law letting non-citizens vote is overturned, and more...

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President Mnangagwa is reportedly desperate to shed some of the legacy economic problems his administration inherited.

Millions of Britons are struggling as the price of everything soars amid rising energy prices and inflation. Kate Ng turns to financial experts for advice on how to deal with it all

Covid pandemic means ‘reality check’ on above-inflation pledge, government admits as PM heads to Nato summit

PM insists manifesto promise of above-inflation increase will be kept despite Downing Street ‘reality check’ briefing

Soaring inflation and the battered public finances have left a Tory commitment to annual real-terms increases in defence spending in jeopardy.

The Prime Minister will trumpet Britain's 2% of GDP spending on defence - but another part of his policy, to raise spending above inflation, could soon be scrapped. It came as Boris Johnson insisted "I don't think" Britain will end up at war with Russia

The head of the European Central Bank says it will move gradually to combat soaring consumer prices with interest rate hikes in July and September but will keep its options open to “stamp out” inflation if it surges faster than expected