The Latest Breaking News from Inflation

Rolling coverage of the latest economic and financial news, as German GDP shrinks slightly in the third quarter of the year

Inflation very gradually easing but many households still struggling

For the second year in a row, U.S. shoppers are seeing double-digit inflation in the candy aisle

The U.S. economy continues to defy gravity, growing rapidly despite high interest rates. Consumer spending is powering the expansion, but it's not clear how long that can last.

Inflation very gradually easing but many households still struggling

Lower Energy Price Cap coming into effect this autumn but stubborn inflation means further interest rate hike likely to continue to place strain on mortgage holders

H&R Block’s chief tax officer Kathy Pickering says millennials and boomers “have drastically different views of the world,” but not about money.

An inflation gauge that is closely monitored by the Federal Reserve showed price increases remained elevated in September amid brisk consumer spending and strong economic growth

Today’s PCE deflator report was in line with market expectations but was sufficiently high to support the market’s current thesis that the Fed will keep interest rates higher-for-longer. The PCE deflator is the Fed’s preferred inflation measure. The market this week reduced the chances for a Fed hike in December,...