News

Treasury Secretary confronts CBS host over past tariff inflation predictions as rates hit 4-year-low
CBS's Margaret Brennan challenged Scott Bessent on Trump's tariffs, as retail giants warn of price hikes despite inflation ...
Fed Chair Powell reveals new inflation target
Federal Reserve Chair Jerome Powell unveiled the central bank's monetary policy framework for 2025 Monday morning. "It ...
Australia raises minimum wages by 3.5% as inflation eases
Australia's independent wage-setting body on Tuesday raised the national minimum wage by 3.5% effective July 1, a real wage ...
Inflation is cooling. But stubbornly high housing costs could spark a flare-up and a rate hike by year-end, chief economist warns.
Inflation has edged down, but high housing costs could spark a fresh rise in prices and keep the Fed from cutting rates, ...
Fed’s Preferred Inflation Gauge Subdued in April as Spending Slows
The Federal Reserve has put interest rate cuts on hold until it has more clarity about President Trump’s policies.
ECB Set for Last Easy Rate Cut as Trade Fuels Inflation Discord
The European Central Bank is about to lower interest rates for the final time before an increasingly complicated inflation ...
Sticker shock: Are American consumers learning to live with inflation?
American consumers may be learning to live with inflation. A long-running Gallup poll shows a steep drop in the share of ...