The Latest Breaking News from Inflation

Selling would be bad news for struggling homeowners, but Michele Bullock likely thinks a long period of high inflation would be worse

The dollar index (DXY00 ) Wednesday fell by -0.48%. The dollar retreated Wednesday after the US July trade deficit widened by the most in 2 years. Lower T-note yields Wednesday also weighed on the dollar. Losses in the dollar accelerated after the US July JOLTS job openings fell more than...

Former home secretary finishes behind Mel Stride with Robert Jenrick leading the contest at this stage

The latest national accounts show the Australian economy is struggling. It’s what you would expect after the sharpest series of interest rate rises on record, and is more or less what the Reserve Bank was trying to achieve to bring down inflation.

Commodities are global assets that feed, power, and shelter people worldwide. Wholesale commodity prices are a critical factor in determining inflationary pressures.

Price controls fail to meet the hope of their advocates because such policies don't address the root causes and introduce unintended consequences.

Federal Reserve's success in managing inflation faces public skepticism over high prices.

When Jerome Powell delivered a high-profile speech last month, the Federal Reserve chair came the closest he ever had to declaring that the inflation surge that gripped the nation for three painful years was now essentially defeated

The US government's fiscal year significantly impacts financial markets because the federal budget process influences economic policy, government spending, and fiscal stability. As the fiscal year draws to a close on September 30, market participants closely monitor budget negotiations, potential government shutdowns, and funding decisions, which can create uncertainty and…