The Latest Breaking News from Inflation

Economic upticks are welcome but they won’t help the chancellor’s chances of retaining his seat

Interest rate decisions in Europe, Canada and New Zealand could provide hints on whether Australia's central bank will lower rates as inflation moderates.

The S&P 500 Index ($SPX ) (SPY ) Friday closed up +1.11%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.80%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.28%. Stock indexes on Friday posted moderate gains. Stocks rallied Friday on optimism that strength...

The Federal Reserve is closely monitoring inflation risks to support sustainable economic growth and maintain price stability.

The discount chain is winding down operations at its stores across California, Texas, Arizona and Nevada, as dollar stores nationwide buckle under inflation, shoplifting and other factors.

The dollar index (DXY00 ) on Friday rose by +0.19%. The dollar on Friday garnered support after US nonfarm payrolls rose more than expected, bolstering expectations that the Fed will be in no hurry to lower interest rates. Higher T-note yields on Friday are also supportive of the dollar. In...

Federal Reserve Governor Michelle Bowman emphasizes cautious approach to interest rates, citing stable inflation and strong job growth.

Fed officials express skepticism on rate cuts due to inflation concerns and diverge on the appropriate course of action.

A whopper of a jobs report could complicate the Fed's rate-cut plans.