Prices

The story of inflation, as told through your child’s backpack

Back-to-school shopping hasn’t been easy this year for Lauren Cyr. The mother of three has searched for deals and spread…

Here’s everything you need to look for in Friday’s July jobs report

Friday’s jobs report could provide a crucial piece to the increasingly complicated puzzle that is the U.S. economy and its…

The Bank of Japan just shocked markets with a policy tweak — here’s why it matters

The Bank of Japan announced Friday “greater flexibility” in its monetary policy — surprising global financial markets. The central bank…

Turkey’s central bank says inflation is set to hit 58% — more than double its previous estimate

Turkey’s central bank expects inflation to hit 58% by the end of 2023, its new governor Hafize Gaye Erkan said…

Watch live: ECB President Christine Lagarde speaks after rate decision

[The stream is slated to start at 8:45 a.m. ET. Please refresh the page if you do not see a…

European Central Bank raises rates by a quarter percentage point, says inflation set to remain ‘too high for too long’

The European Central Bank on Thursday announced a new rate increase of a quarter percentage point, bringing its main rate…

Fed approves hike that takes interest rates to highest level in more than 22 years

WASHINGTON – The Federal Reserve on Wednesday approved a much-anticipated interest rate hike that takes benchmark borrowing costs to their…

15 years of low interest rates reshaped the U.S. economy. Here’s what’s changing as rates stay higher for longer

The United States is entering a new economic era as the Federal Reserve has been hiking its benchmark interest rate.…

Here’s what to expect from the Federal Reserve meeting Wednesday

Despite an improving inflation picture, the Federal Reserve is expected on Wednesday to approve what would be the 11th interest…

A ‘momentous week’ ahead as the Fed, ECB and Bank of Japan near pivot point

The U.S. Federal Reserve, Bank of Japan and European Central Bank will all announce key interest rate decisions this week,…