The Latest Breaking News from Inflation

New Zealand's Treasury believes inflation could be tamed within months in a surprisingly positive outlook published on budget day.

Walgreens is cutting prices on over 1,300 items amid persistent inflation.

"I look at the amount of fiscal and monetary stimulus that has taken place over the last five years—it has been so extraordinary, how can you tell me it won't lead to stagflation?"

Amid economic uncertainty and sticky inflation, these three dividend-paying stocks have beaten Wall Street earnings forecasts and raised their guidance.

Yet Federal Reserve Bank of Minneapolis President Neel Kashkari recently refused to rule out interest rate hikes.

Store brands saw the biggest growth this year in deli, pet care and produce sales as Americans deal with rising prices

Despite challenges like high interest rates and inflation, the banking sector grows due to a strategic focus on deposit quality and promising global market expansion. Now, let's delve into the fundamental aspects of Bank of America (BAC) and Citigroup (C) stocks to see which bank stock offers a higher yield.…

The most recent UK inflation figures, released towards the end of May 2024, saw a drop in the official rate of price rises to 2.3%, not that far off the Bank of England’s target level of 2%. Jeremy Hunt, the chancellor of the exchequer, said the figures were encouraging.

The Cleveland branch of the Federal Reserve says that Beth Hammack, an executive at investment bank Goldman Sachs, would be its next president effective Aug. 21

It’s worth remembering the RBA’s 2% to 3% inflation target is an arbitrary goal. Do we really need to hit households again with higher rates?

Bond markets often see inflation risks first. They're seeing something now.