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

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

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 ...

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

Soft inflation data is more evidence that inflation is moving sustainably towards the Reserve Bank's target, the deputy ...

World economic growth is also forecast to slow to 2.9% this year and stay there in 2026, according to the OECD's forecast. That would mark a substantial deceleration from growth of 3.3% global ...

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%.

“Inflation is very likely going to increase,” said Marc Giannoni, chief U.S. economist at Barclays, who formerly worked at the Federal Reserve’s regional banks in Dallas and New York.

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.

Mumbai, July 16 -- UK inflation rose to 3.6% in June 2025, marking the highest level since January 2024 and surpassing expectations. The rise was mainly driven by a 1.7% jump in transport costs, le ...