Global trade developments continue to shape the outlook. Following an unprecedented escalation in tariffs imposed on the rest ...

U.S. inflation increased in June as tariffs boosted prices for imported goods like household furniture and recreation ...

Australia's second-quarter inflation data was very welcomed and came in as just the central bank expected, a top official ...

The World Bank's lead economist for Nigeria, Alex Sienaert, said during a presentation in the capital Abuja that the economy grew by 4.6% year-on-year in the fourth quarter of 2024, and pointed to ...

The International Monetary Fund (IMF), in its World Economic Outlook (WEO) July update stated that global inflation is expected to continue to decline, with headline inflation ...

Cutting rates too soon could stoke inflation, which already sits above the Fed’s 2% target. But there’s also risk in waiting too long, which could hurt the labor market and slow economic growth.

Gasoline prices dropped 12% in May from a year earlier, the CPI data shows. Other items that declined in price included clothing, which slipped by 0.9% from a year earlier, and airline fares, with ...

Friday’s report showed one measure of inflation, the PCE price index, was up 2.3% from last year. So-called core inflation, which strips away volatile food and energy prices, was up 2.7%.