Selcuk Acar / Anadolu / Getty Images Inflation has cooled considerably since peaking in June 2022, but the annual rate remains above the Federal Reserve's goal of 2%. Fed officials and economists ...
Global stocks and non-dollar currencies experienced a brief respite from inflation-related pressures, as markets reacted positively to a promising start in earnings season and a softer-than-expected U ...
The consumer price index, which is widely used to measure inflation, rose by 2.9% year over year in December. This is the third consecutive month where inflation has gone up, which means continued ...
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 ...
SINGAPORE: Singapore's core inflation fell to 1.8 per cent year-on-year in December from 1.9 per cent in November. The drop was due to a moderation in services inflation, the Monetary Authority ...
Spain closed 2024 with an inflation surprise: consumer prices rose at a higher-than-expected annual rate of 2.8% in December, according to flash estimates from Spain's National Statistics ...
The economic forecast for 2025 shows growth, but at a slower pace than 2024. Inflation will remain above the Federal Reserve’s target, with President-elect Trump’s policies limiting production ...
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 ...
But what economists call “soft landings” – when an economy slows just enough to curb inflation, but not enough to cause a recession – are only soft until they aren’t. As we turn to 2025 ...
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 ...
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 ...
Inflation by the Fed's preferred measure is well down from its mid-2022 peak of around 7%, registering 2.4% in November. Still that's above the Fed's 2% goal, and in December policymakers ...