The Latest Breaking News from Inflation

Americans feel real economic pain, but it's not about three years of inflation — it's about 30 years of disaster

Debate on potential Fed rate cuts amid strong US economy; recent data prompts reevaluation.

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.

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US hiring rose much more than expected last month, according to government data published Friday, increasing the chances that the Federal Reserve will remain on pause for longer as it weighs when to start cutting interest rates.

Zimbabwe's central bank launched a new "structured currency" backed by gold on Friday, as it seeks to tackle sky-high inflation and stabilise the country's long-floundering economy.