The Latest Breaking News from Inflation

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.

Less-expensive gas likely slowed U.S. consumer inflation in May

Worries about upcoming US inflation data and the Federal Reserve's outlook for interest rates permeated Asian trading floors Wednesday, while the euro continued to struggle owing to political uncertainty in Europe fuelled by shock EU election results.

The ASX200 finished down 0.5 per cent, with every sector except for energy in the red ahead of a US inflation readout and a Federal Reserve meeting.

The S&P 500 (SPY) record highs sounds pretty darn bullish on the surface. Yet as we dig below the surface there are some curious signals that point more Risk Off. This is especially true as we come into the next Fed meeting after a round of data that points to…