“The battle against inflation is almost won. After peaking at 9.4% year on year in the third quarter of 2022, we now project headline inflation will fall to 3.5% by the end of next year,” said ...

“It looks like the global battle against inflation has largely been won, even if price pressures persist in some countries,” the IMF said in its latest World Economic Outlook.

This month, Fed officials sharply marked up their forecast of how high core inflation would be at the end of 2023. They now see it at 3.9%, higher than the 3.6% they predicted in March and nearly ...

While the headline inflation has cooled down a lot, the core CPI inflation data has been slow to move lower. The core CPI aspect will decrease with shelter inflation cooling off over the next 12 ...

Investors are gearing up for the Federal Reserve to start rolling out interest rate cuts starting in June. The array of economic data and inflation prints coming out of February may show a ...

The inflation battle saw skirmishes on other fronts last week. “Old Muley” Doughton’s Ways & Means Committee finally reported a tax bill calling for no more than a $2.1 billion tax increase.

If they do not raise interest rates while the major problem is inflation, they might cause spikes in prices, rising inflationary expectations, and a stubborn wage-price spiral like that of the ...

There hasn't been much inflation in recent years, but there's still been enough to eat away at the purchasing power of savings accounts. That trend continued with the latest release of the ...

“It looks like the global battle against inflation has largely been won, even if price pressures persist in some countries,” the IMF said in its latest World Economic Outlook.

“It looks like the global battle against inflation has largely been won, even if price pressures persist in some countries,” the IMF said in its latest World Economic Outlook.

High inflation has mostly been defeated around the world, the International Monetary Fund said Tuesday, providing a surprisingly upbeat assessment on prices after warning only three months ago ...