The figures cement concerns of Reserve Bank governor Michele Bullock that the Middle East conflict could push up prices and wages.
In the weeks before the Iran war, Americans’ inflation expectations were little changed, a New York Fed survey says.
Americans’ inflation expectations remained mostly unchanged, while expectations about leaving their job voluntarily dropped to a record low, according to a Federal Reserve Bank of New York survey.
Top economist David Rosenberg thinks the hit to demand from high oil prices will outweigh any inflationary shock over the long run.
The China 'deflation doom loop' story certainly looks like it's aged poorly, as inflation continues to trend higher.
January wholesale inflation data surpassed estimates, hitting stocks as traders fret over the path of interest rate cuts.
The Federal Reserve is still widely expected to hold interest rates steady when its officials next meet on March 17-18.
Some policymakers suggested it was too soon to say how a broadening conflict in the Middle East would impact the U.S. economy ...
Inflation rose one-tenth of a percentage point to 2.8% for the year ending in November 2025, the Bureau of Labor Statistics reported Thursday in an update to the personal consumption expenditures ...
The Bank of England faces the prospect of UK inflation rebounding to 5%, with traders ramping up bets on a reversal of recent cuts to interest rates.
It's often said that the inflation of the 1970s and '80s in the U.S. and elsewhere was caused by the two oil crises of 1973-74 and 1979-80. Not so.
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