At their last meeting in December, U.S. Federal Reserve officials were worried about inflation getting stuck above their 2% target and had watched job gains seesaw in what seemed an emerging decline.
Recent data from the Bureau of Labor Statistics shows the cost of living continues to outpace earnings, leaving many Americans struggling to make ends meet.
Trump will probably seek to ease inflation and lower prices by drilling for more oil, loosening regulations, reducing federal spending, experts say.
The Michigan Consumer Sentiment survey declined in January as the responses revealed a stark divide over how Americans feel about President Donald Trump’s economic proposals.
Brazil's annual inflation rate slowed less than expected in early January, official data showed on Friday, cementing the likelihood that the central bank will hike interest rates by 100 basis points at its meeting next week.
I told you investing in 2025 will be won or lost on inflation. This week I’m going to tell you why I lean toward ‘lost’ over ‘won’.
The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers whether to cut interest rates in early February as well as its message about the outlook for the rest of the year.
For a start, firms usually pass on tariffs by raising prices. During Mr Trump’s last sortie against Chinese manufacturing in 2018-19, prices of impacted items went up roughly one-for-one with higher tariffs.
Corporate earnings are coming in strong. Investors are also seeing the Trump administration take a less aggressive approach to tariffs than some had expected.
Inflation is causing rates to rise, and rising interest rates are the predominant problem facing markets in early 2025. Read more
Consumer group Which? said this is because of a range of factors, including high demand and rising energy costs for hotels.