The Latest Breaking News from Inflation

The U.S. economy appears to have cleared the final hurdle for the Federal Reserve to reduce interest rates next week with Thursday's data showing wholesale prices on target with projections.

Debates on the economy under Biden-Harris administration, focusing on inflation, energy policies, and upcoming elections. Find out more about the impact on...

With inflation slowing and the economic outlook darkening, the European Central Bank is expected to cut interest rates again Thursday but is unlikely to give much away about its next moves.

The S&P/ASX200 index finished 1.1 per cent higher, as uranium and nickel developers posted strong gains after Russia suggested it might limit exports.

A surge in tech firms Thursday helped Asian markets track a Wall Street rally after data showed US inflation at a more than three-year low, reinforcing expectations the Federal Reserve will cut interest rates next week.

Social Security recipients will likely see the smallest cost-of-living increase in the last four years after the release of government data showing that inflationary pressures are cooling.

Argentina's Congress on Wednesday upheld a veto by President Javier Milei of a bill to increase pensions, as protesters clashed with police outside the building.

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A good-but-not great reading on consumer inflation sets up the Fed to reduce rates by a quarter-point at its next meeting.