While a post-pandemic burst of inflation has abated across much of the developed world, the UK is still stuck with the ...
Inflation climbed once again from 3.6% to 3.8% between June and July in a notable blow to the government, according to the latest data. The Office for National Statistics (ONS) announced on Wednesday ...
By two measures - the inflation rate and the Federal Reserve's target for "price stability" - the statement is inaccurate.
UK inflation climbed by more than expected in July, official figures reveal, as soaring air fares for summer holidays and food prices continue to rise. The Consumer Prices Index (CPI) rose to 3.8 per ...
Economists had widely expected the figure to stay well above the Bank of England's 2 per cent target ...
The saying “There’s one born every minute” may be about suckers, but in the United States it could just as easily be applied ...
Tariffs, unlike inflation, increase prices without corresponding wage increases. American consumers bear the brunt of tariff costs, estimated at $2,500 per family this year. Rising prices during a ...
Inflation is almost 3%, which means your savings is losing value if your bank pays less than that rate. Fortunately, there are dozens of easy options to earn more.
Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ...
Inflation moved up in June, due partially to businesses passing tariff costs onto consumers. Despite the uptick, President Trump is on the warpath for the Federal Reserve to cut interest rates, a move ...
Americans are tired of high inflation. The biggest increase in wholesale prices in three and a half years stunned Wall Street, but is tariff-related inflation really set to soar? The proof is far from ...
The Federal Reserve announced its first rate cut of the year, bringing its key interest rate down to a range of 4% to 4.25%.