The Latest Breaking News from Inflation

The effect of new tariffs under consideration by US President-elect Donald Trump is unlikely to be "significant or persistent," a senior Federal Reserve official said Wednesday.

A top policymaker at the US Federal Reserve says that he still supports reducing interest rates this year, despite elevated inflation and the prospect of widespread tariffs

Equities wavered on Wednesday as sentiment was knocked by a sell-off on Wall Street that was sparked by data indicating the US economy and jobs market remained robust, further denting hopes for interest rate cuts.

The ASX200 hit a four-week high after a report of cooling inflation raised hopes for Australia's first interest rate cut in four years.

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -1.11%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.42% and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.79%. March E-mini S&P futures (ESH25 ) are down -1.06%, and March E-mini Nasdaq futures...

The dollar index (DXY00 ) Tuesday rose by +0.30%. The dollar on Tuesday recovered from early losses and posted moderate gains as T-note yields jumped on the stronger-than-expected US Nov JOLTS job openings and Dec ISM services reports, which were hawkish for Fed policy and dampened the chances of additional...

President-elect Trump expresses concerns about inflation and interest rates inherited from Biden administration, highlighting the importance of addressing ...

Learn about the unexpected rise in U.S. job openings in November, indicating a shift in the labor market and potential impacts on inflation and economic po...

Hopes of a February interest rate cut have been rekindled as core inflation subsides, though the strong jobs market might prove a roadblock.