Inflation jumped to a three-year high in May as the Iran war continued to fuel higher energy prices.

T he war against Iran that America and Israel launched three months ago caused a surge in oil prices, which many feared would ...

Take a Number: A Striking Figure in Economics News Today ...

So far, we have held the line on the market pricing in three rate cuts, but today was a clear break from that. Earlier in the year, the market got well ahead of itself with saying we would have six ...

Richmond Federal Reserve President Thomas Barkin said Wednesday that policymakers need to retain the option of raising interest rates if inflation doesn't show enough progress coming down. Markets ...

Kevin Warsh is set to take over as chairman of the central bank as policymakers seem to be weighing rate hikes.

United States Federal Reserve policymakers discussed the possibility of interest rate increases last month, according to newly released comments from a January meeting. The minutes of the Federal Open ...

London — Year-on-year inflation in the OECD as measured by the Consumer Price Index (CPI) rose to 4.0% in March 2026 from 3.4% in February, driven by an 8.6 percentage-point (p.p.) increase in energy ...

The Iran war has pushed up gasoline, groceries and other prices for consumers.