Latest in Inflation Surges
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Here’s when consumers might finally stop wincing at higher prices, according to Fed’s Daly
The Fed has recently focused more on stability in the job market. But inflation still weighs heavily on the minds of consumers, the San Francisco Fed President says.Business - MarketWatch - October 16 -
ECB Cuts Interest Rates Again as Eurozone Inflation Slows
Policymakers who set interest rates for the 20 countries that use the euro have lowered rates in back-to-back meetings for the first time since 2011.Business - The New York Times - October 17 -
Yellen warns "sweeping, untargeted tariffs" would reignite inflation
Treasury chief Janet Yellen is warning that tariffs planned by former President Donald Trump will reignite inflation.Top stories - CBS News - October 17 -
Inflation and interest rates tracker: see how your country compares
Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects youWorld - Financial Times - October 17 -
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Rising food inflation clouds the good news on headline rates
Let them eat CPIWorld - Financial Times - October 18 -
UK fuel duty rise would rekindle inflation, warn motoring groups
Rachel Reeves expected to axe 5p discount and weighs reinstating inflation-linked rises in BudgetWorld - Financial Times - October 18 -
Burst of trades inflates Trump’s margin in election prediction markets
Small group of bettors lifts odds of Republican victory to 62 per cent on cryptocurrency-based PolymarketBusiness - Financial Times - October 18 -
Here's why inflation may look like it's easing but is still a huge problem
By nearly every barometer, inflation is still well above where most Americans, and in fact some Fed officials, feel comfortable.Business - CNBC - October 19 -
Global battle against inflation has largely been won, IMF says
The good news for the global economy is that the battle against inflation has largely been won, said Pierre-Olivier Gourinchas, the chief economist of the International Monetary Fund, on Tuesday.Business - MarketWatch - October 22 -
I.M.F. Says Inflation Fight Is Largely Over but Warns of New Threats
The International Monetary Fund said protectionism and new trade wars could weigh on growth.Business - The New York Times - October 22 -
Another billionaire investor positions for a Trump win. He’s placing ‘inflation trades.’
Legendary investor Paul Tudor Jones said Tuesday he’s moved his portfolio in the direction of a victory by Donald Trump in the Nov. 5 presidential election, but warned of a potential reckoning over ...Business - MarketWatch - October 23 -
IMF declares victory over inflation, boosts US economic outlook
International Monetary Fund (IMF) officials sounded a death knell for the post-pandemic inflation Tuesday and raised projections for U.S. economic performance, placing the U.S. at the center of the ...Politics - The Hill - October 22 -
What to know about the 2025 inflation-adjusted tax brackets
CBS News business analyst Jill Schlesinger breaks down the new IRS 2025 tax brackets. Each year, the agency makes adjustments to the tax code to account for inflation.Top stories - CBS News - October 23 -
UK inflation fading faster than expected, says BoE governor
But Andrew Bailey wants to see a further decline in services price growthBusiness - Financial Times - October 23 -
Russia's central bank raises key rate to 21% to rein in higher-than-forecast inflation
Russia's central bank on Friday raised its key interest rate by 200 basis points to 21%, citing higher-than-forecast consumer price increases.Business - CNBC - 5 days ago -
Treasury confirms plans for inflation-busting rise in UK social housing rents
Rachel Reeves also announces £500mn cash boost to promote building of affordable homesBusiness - Financial Times - 5 days ago -
Stocks and gold are both at record highs. Only one will be right on inflation.
Gold’s gain is warning the stock market that higher inflation could returnBusiness - MarketWatch - 4 days ago -
The Fed hasn’t tamed inflation — and the stock market has yet to figure that out
Stocks can handle moderate inflation as long as economic growth persistsBusiness - MarketWatch - Yesterday -
Inflation is down — but the middle class is still feeling financial pressure. Here's why
Economists say there's a strong role for policy in affecting the prices of essential goods for American families.Business - CNBC - Yesterday -
Morgan Stanley CEO says the era of zero interest rates and inflation 'is over'
Several of Wall Street's chief executives don't see more than one more interest rate cut by the Fed this year, citing expectations of continued inflation.Business - CNBC - Yesterday -
McDonald's 2024 combo: Inflation, a health crisis and a side of politics
Life under the Golden Arches hasn’t been easy this year.Top stories - NBC News - Yesterday -
Morgan Stanley CEO says the era of zero interest rates and inflation 'is over'
RIYADH — The days of easy money and zero interest rates are firmly in the past, Morgan Stanley CEO Ted Pick said Tuesday, speaking at a panel of finance CEOs in Riyadh.Top stories - NBC News - Yesterday -
Why inflation in one battleground state could sway the election
With a tight race between Kamala Harris and Donald Trump, the U.S. election could hinge on how voters choose to look at inflation. Here's why.Top stories - CBS News - 14 hours ago -
America’s secret weapon against inflation: The 30-year home mortgage
Being able to lock in a predictable payment for decades isn’t just a financial tool; it protects families from economic uncertainty.Business - MarketWatch - 3 hours ago -
Inflation is cooling, yet many Americans are still living paycheck to paycheck
The rate of inflation has come down from pandemic era highs. But many Americans are still waiting to feel financial relief.Business - CNBC - 3 hours ago -
Google signs deal with nuclear company as data center power demand surges
Google is the latest tech company to turn to nuclear energy as power demand from data centers surges.Business - CNBC - October 15