The latest data has raised expectations that the Bank of England could cut UK interest rates again next month.
Consumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept up with higher prices.
Federal Reserve officials said data released on Wednesday showed U.S. inflation was continuing to ease even as they noted ...
U.S. presidential election, the Democrats joined a slew of governments voted out in the past year in the wake of high ...
The rise in the inflation rate means higher product prices and a fall in the purchasing power of money. When general prices ...
Financial writer analyzes December CPI report showing inflation above target, speculates on future trajectory and Federal ...
In the two-month period ending in December, grocery prices in the Seattle area fell 0.2%, driven by lower costs in the bakery ...
A long-term CD offers unique benefits to savers now. But should they rush to open one before the next Fed meeting?
In order to grow your wealth, you need to understand the impact of inflation on your money. When it comes to bank deposits, ...
Donald Trump's inauguration on Monday could herald a more volatile period for markets, with the Republican seen moving ...
The report highlighted that food and non-alcoholic beverages accounted for the largest share of the inflationary pressure, ...
The National Bureau of Statistics has reported that Nigeria’s inflation rate rose to 34.80% in December 2024, reflecting a ...