Latest in Inflation Woe Fast
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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 - October 25 -
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 - October 25 -
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 - October 26 -
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 - October 29 -
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 - October 29 -
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 - October 29 -
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 - October 29 -
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 - 6 days ago -
Germany's inflation surges to 2.4% as it narrowly skirts a technical recession
Germany's inflation surged to 2.4% in October, back above the European Central Bank's 2% target, even as the country narrowly avoided a technical recession in the third quarter.Business - CNBC - 6 days 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 - 6 days ago -
Inflation Is Basically Back to Normal. Why Do Voters Still Feel Blah?
Consumers still give the economy poor marks, though the job market is strong and price increases have faded for months.Business - The New York Times - 5 days ago -
Euro zone inflation rises to higher-than-expected 2%, weakening case for jumbo rate cut
The fresh inflation print is seen as crucial in judging whether the European Central Bank could consider a half-percentage-point interest rate cut.Business - CNBC - 5 days ago -
Key inflation rate hits 2.1% in September, as expected, closing in on Fed target
The personal consumption expenditures price index was expected to increase 0.2% in September and 2.1% from a year ago.Business - CNBC - 5 days ago -
Inflation falls to lowest level since 2021 in Fed’s preferred gauge
Price increases have fallen to their lowest level in more than three years in the latest reading of the Federal Reserve’s preferred inflation gauge, strengthening the outlook for more interest rate ...Politics - The Hill - 5 days ago