The Latest Breaking News from Inflation

Cost-of-living problems are real – there’s no need for the Coalition to use even bigger numbers

The Dow Jones and other indexes plummeted after economic reports in the stock market today. Nvidia fell on Super Micro Computer's report.

President Trump said Americans signed up for some economic discomfort arising from tariffs when they voted him into the Oval Office.

The president’s approach: tackle problems that don’t exist via policies that won’t work

June S&P 500 E-Mini futures (ESM25) are trending down -0.30% this morning as investors cautiously await a barrage of U.S. economic data, including the Fed’s favorite inflation gauge and the first estimate of first-quarter GDP, as well as earnings reports from “Magnificent Seven” companies Microsoft and Meta.

Australia’s headline inflation rate held steady at a four-year low of 2.4% in the March quarter, according to official data, adding to the case for a cut in interest rates at the next Reserve Bank board meeting in May.

US consumer confidence has fallen to its lowest level since the onset of the Covid-19 pandemic, according to survey data published Tuesday, reflecting concerns about President Donald Trump's tariff plans.

Even if the Fed tried to cut rates, inflation, investor reluctance, and a $25 trillion borrowing spree could keep them elevated for years.

Mortgage-holders are poised to bank an interest rate cut within weeks despite the latest inflation reading coming in slightly higher than expected.