Tariffs add to the cost of living because the foreign producers and their networks here aren’t going to eat the charges, they ...
The Consumer Price Index report for January is expected to show broadly unchanged annual inflation compared to December, according to nowcasts. The CPI release is scheduled for February 12.
Tariffs are at the center of former President Donald Trump’s economic plan. It would be a dramatic shift in trade policy, but how would they work? WSJ explains what the proposals would look like ...
LONDON, Jan 24 (Reuters) - 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 ...
ABUJA, Jan 20 (Reuters) - Nigeria plans to rebase its gross domestic product and inflation data by the end of the month to capture changes in certain sectors of the economy and to reflect current ...
Foreign exchange (forex) trading markets have reacted to this development. Core inflation showed more encouraging signs, dropping to 3.2% annually as underlying price pressures moderate. In the United ...
This index is primarily used to determine current inflation and predict how prices might change in the near future. According to the Labor Department’s most recent report, CPI in December was 2. ...
with sparring over monetary policy and inflation targets. Governor Sethaput has been touting the bank’s autonomy. “The newcomer must be forward-looking with modern ideas,” Pichai told reporters at the ...
While inflation has cooled since 2022, the CPI rose 2.9% from Dec. 2023 to Dec. 2024. Not all prices rise at the same rate – some sectors of the economy are seeing minimal inflation or even ...
Simply sign up to the Global Economy myFT Digest -- delivered directly to your inbox. Central banks around the world are expected to lower borrowing costs as global inflation eases from the multi ...
Two Federal Reserve officials on Saturday emphasized the US central bank must finish off its fight against the post-pandemic price surge and reach its 2% inflation target. Despite significant ...
From a purely economic standpoint, 2024 wasn’t too shabby a year for inflation. (Although the carton of eggs would like to disagree). The prices of everyday goods and services were up 2.5% from ...