The Latest Breaking News from Inflation

Federal Reserve likely to lower rate cut projections due to high inflation, impacting borrowing costs and economic outlook.

Global markets await Federal Reserve decision on interest rates and U.S. consumer prices. Mixed performance in Asian and European markets. Wall Street hits...

Several media outlets are reporting that the European Commission will notify carmakers this Wednesday that it will impose provisional import duties on Chinese electric vehicles next month. The move is based on a probe the EU has conducted amid accusations that Chinese carmakers benefit from an unfair advantage thanks to…

The electric car incentives included in President Joe Biden's Inflation Reduction Act are paying off big time.

Shares are mixed in Asia ahead of a decision by the Federal Reserve on interest rates

The May headline consumer inflation rate is expected to be little changed from a month earlier, according to the median forecast of economists surveyed by Dow Jones Newswires and The Wall Street Journal.

Federal Reserve officials on Wednesday will likely make official what’s been clear for many weeks: With inflation sticking at a level well above their 2% target, they are downgrading their outlook for interest rate cuts

Despite the rain pelting Balogun market in Lagos, Ajoke takes her time choosing the tie-dye fabric known as adire that she wants to give as a gift.

Inflation is down, forex reserves are up. But analysts warn it’s early days, and everyday people are yet to benefit.