CPI shelter inflation heated up on a monthly basis in October, rising to 0.4% from 0.2% in September. Its annual inflation rate has declined to less than 5% from a peak of more than 8% in early 2023.

SVB failure spurred 'hard landing' fears It's unclear how quickly inflation will retreat from here, economists said. The Federal Reserve aims for a long-term rate of around 2%.

One economist told Newsweek that companies may be wary of "consumer backlash" if they hike prices to mitigate the tariffs' ...

The Riksbank has been one of the more aggressive central banks, with 200 bps of cuts since May 2024. A line chart comparing inflation metrics over the past five years. 4/ NEW ZEALAND ...

Global inflation is forecast by the IMF to ease from 8.8% in 2022 to 6.6% in 2023 and 4.3% in 2024. Before the pandemic, it was near 3.5%.

Global growth would slow to 0.5%—a 0.4% contraction in per-capita terms that would meet the technical definition of a global recession. A worldwide recession would mean that global inflation ...