inflation

Fed’s favorite inflation gauge shows prices rose at 3.2% annual rate in November, less than expected

A gauge the Federal Reserve uses for inflation rose slightly in November and edged closer to the central bank’s goal.…

UK inches closer to technical recession as growth is revised down

LONDON — The U.K. is edging closer to recession after revised figures showed the economy shrank in the previous quarter.…

UK inflation slide fuels rate cut bets and jolts markets

LONDON — U.K. inflation fell by more than expected to hit 3.9% in November, in the lowest annual reading since…

Is Biden due for a boost in polls as the economy improves? Pollsters say inflation still looms large

New Jersey Gov. Phil Murphy on Tuesday predicted that President Joe Biden will get a much-needed boost in the polls…

Inflation gives millions new access to investments for the wealthy, says SEC

Inflation has given millions of people new access to certain investments earmarked for the wealthy — and consumer advocates argue…

Fed sparking irrational market optimism over potential rate cuts, former FDIC Chair Sheila Bair warns

Market optimism over the potential for interest rate cuts next year is dangerously overdone, according to former FDIC Chair Sheila…

European Central Bank holds rates and trims its inflation forecast

The European Central Bank on Thursday held interest rates steady for the second meeting in a row, as it revised…

Bank of England leaves policy unchanged, says rates to stay high for ‘extended period’

LONDON — The Bank of England on Thursday kept its main interest rate unchanged at 5.25% and said monetary policy…

Fed holds rates steady, indicates three cuts coming in 2024

The Federal Reserve on Wednesday held its key interest rate steady for the third straight time and set the table…

Wholesale prices held flat in November, providing another encouraging inflation signal

Wholesale prices were flat in November, providing a leading indicator that inflation is easing, the Labor Department reported Wednesday. The…