Investors hoped the CPI data would indicate whether the Federal Reserve was succeeding in curbing inflation without damaging growth. Stagflation happens when economic growth is sluggish while ...

Our current situation includes strengths such as low unemployment and is by no measure as grave as the 2009 financial crisis or 1970s inflation. What stands out, however, is the number of serious ...

The Federal Reserve is moving full speed ahead to curb inflation by hiking interest rates — even as officials concede that will put many Americans out of work. In defending its policies ...

Allianz Chief Economic Adviser Mohamed El-Erian stated the focus and responsibility of combating inflation lies with the Federal Reserve, not federal gas tax holidays. On "America Reports ...

It’s been about a year since the Fed started raising interest rates to curb inflation and about two years since we started talking about inflation in the first place. A great deal has happened ...

June 23 (Reuters) - The Federal Reserve's commitment to reining in 40-year-high inflation is "unconditional," U.S. central bank chief Jerome Powell told lawmakers on Thursday, even as he ...

Economists are divided over how many interest-rate cuts Federal Reserve officials will signal for 2024 at their policy meeting next week, following a pop in recent inflation figures. Policymakers ...

Interest rate cuts are fuelling inflation and need to slow down, the Bank of England’s chief economist Huw Pill has warned ...

Although eurozone inflation is close to the US level, Daniel Gros of the Centre for European Policy Studies notes how an emerging new social contract – whereby governments protect households from the ...

Federal Reserve Chairman Jerome Powell said Wednesday that inflation driven by President Donald Trump’s tariff agenda could make it more difficult to achieve the Fed’s goal of lowering inflation.