The Latest Breaking News from Inflation

The Bank of England kept rates steady at 4.5% on Thursday, as inflation remains sticky and global uncertainty ratchets up.

The rally in European stock markets took a breather as EU leaders struggled to secure a €5 billion funding package for Ukraine. Investor sentiment was further dampened by the ECB’s cautious outlook on the economy and inflation, triggering selloffs, particularly in the defence and automotive sectors.

With overall inflation down and prices of other commodities stable, consumers are willing to pay more for sugar.

Japan's core inflation rate decelerated in February, government data showed Friday, with prices excluding fresh food rising 3.0 percent year-on-year in the world's fourth-largest economy.

The dollar index (DXY00 ) Thursday rose by +0.41% and posted a 1-1/2 week high. The dollar rose Thursday on concerns that US trade policies will keep inflation elevated and dissuade the Fed from lowering interest rates. The dollar added to its gains Thursday on signs of strength in the...

The Fed’s consensus for GDP growth dropped from 2.1% to 1.7% after its latest round of economic forecasts published Wednesday.

The Fed’s slowness to catch the inflation surge that began during the pandemic has earned it scads of criticism. Is this time different?

The PA news agency looks at what the decision means and what the Bank of England expects to happen to the economy.

Brian Moynihan said consumers, once again, are the backbone quietly propping up the American economy.

The dollar index (DXY00 ) today is up by +0.52%. The dollar is climbing today on concerns that US trade policies will keep inflation elevated and dissuade the Fed from lowering interest rates. The dollar added to its gains on signs of strength in the US economy after weekly jobless...

The central bank's decision comes amid rising uncertainty over the UK's economic growth, especially as US tariff threats loom.