President Donald Trump promised to lower inflation starting on Day One in the White House. The latest data suggests that price hikes may be cooling off, largely driven by a sharp fall in energy costs, ...

The European Central Bank (ECB) cut its key interest rates by 25 basis points on Thursday, lowering the deposit facility rate to 3%. President Christine Lagarde described the move as a sign of growing ...

The July inflation data released Friday morning showed price growth remains on the path back to the Federal Reserve’s target of 2%, adding to the case for cuts to interest rates next month. Both the ...

Dec 1 (Reuters) - Chicago Federal Reserve President Austan Goolsbee said on Friday he believes inflation is "on track" to reaching the U.S. central bank's 2% target, driven in coming months by what he ...

October's Consumer Price Index rose from 2.4% in September to 2.6% in October, in line with economist predictions. Here's a look at what experts expect from the Federal Reserve in the months ahead.

The Federal Reserve’s preferred gauge of inflation flatlined in April as Americans pulled back slightly from spending, according to federal data released Friday. Prices rose 0.3 percent in April and 2 ...

Key insight: Inflation cooled slightly but continued upward in September, climbing 0.3% after August's 0.4% gain. Supporting data: Prices rose 3.0% year over year, tracking with the increase in core ...

Wall Street traders betting on Federal Reserve rate cuts might want to pump the brakes. Bloomberg Chief U.S. Economist Anna Wong is throwing cold water on market optimism following Fed Chair Jerome ...

The eurozone's headline inflation rate came in at 2.2%, continuing its steady drop towards the European Central Bank's target. Expect disinflationary pressures to prevail in the short term.

While the reality of tariff-driven inflation is arriving in earnest, the worst of it might still be a ways off. Thomas is a native of upstate New York and a graduate of the University at Albany. As a ...