The Latest Breaking News from Inflation

IMF says inflation has dropped from 70 percent, economy expanded in the second half of 2023.

Asian markets mostly fell Friday after data pointing to a still-strong US economy raised fresh concerns about inflation and dampened optimism that the Federal Reserve will slash interest rates as much as it expected this year.

Learn about the surge in the UK's budget deficit in February due to cost of living payments and inflation, impacting economic stability.

The Bank of England on Thursday held its key interest rate at a 16-year high, opting against a reduction as inflation remains elevated despite recent slowdowns.

Latest data shows U.S. labor market strength with low jobless claims, steady job growth, and decreasing inflation.

Rates remain at 5.25%, but inflation heading towards 2% all-but guarantees a welcome cut – and relief for Rishi SunakBusiness live – latest updates

Despite various challenges, the tobacco industry is set to grow due to sustained consumption, falling inflation, and the introduction of innovative products. Therefore, investors could consider buying fundamentally strong tobacco stocks such as British American Tobacco (BTI), Vector Group (VGR), and Imperial Brands (IMBBY). Keep reading.

Senator Bob Casey criticizes corporate greed for driving consumer prices amidst high inflation, sparking debate.

Turkey's central bank hiked its key interest rate on Thursday, resuming its tightening cycle as one of the world's highest inflation rates rose again last month.