inflation

A man rides bicycle on a snow-covered street after snowfall in Frankfurt am Main, western Germany, on December 29, 2024. Kirill Kudryavtsev | Afp | Getty ImagesAnnual inflation in the euro zone rose for a third straight month to reach…

A person shops at a Whole Foods Market grocery store on December 17, 2024 in New York City. Spencer Platt | Getty ImagesActivity in the U.S. services industry accelerated in December but brought with it a sharp rise in expectations for…

Andrew Bailey, governor of the Bank of England, at the central bank's headquarters in the City of London, U.K., on Nov. 29, 2024. Hollie Adams | Bloomberg | Getty ImagesBank of England Governor Andrew Bailey on Wednesday signaled that…

The Federal Reserve announced Wednesday that it will lower its benchmark rate by another quarter point, or 25 basis points. This marks the third rate cut in a row — all together shaving a full percentage point off the federal funds rate…

A man shops at a Target store in Chicago on November 26, 2024.Kamil Krzaczynski | AFP | Getty ImagesA key economic report coming Wednesday is expected to show that progress has stalled in bringing down the inflation rate, though not so…

Consumer prices rose at a faster annual pace in November, a reminder that inflation remains an issue both for households and policymakers.The consumer price index showed a 12-month inflation rate of 2.7% after increasing 0.3% on the…

Scholars and political strategists have long observed a tendency among voters to seek change in leadership during periods of economic hardship, a phenomenon rooted in the belief that new leadership may offer solutions to pressing…

Homes under construction in Englewood Cliffs, New Jersey on Nov. 19th, 2024.Adam Jeffery | CNBCIf President-elect Donald Trump is going to push inflation back down to a more tolerable level, he will need help from housing costs, an area…

A measure of wholesale prices rose more than expected in November as questions percolated over whether progress in bringing down inflation has slowed, the Bureau of Labor Statistics reported Thursday.The producer price index, or PPI,…

The columns of Royal Exchange are dressed for Christmas, at Bank in the City of London, the capital's financial district, on 20th November 2024, in London, England.Richard Baker | In Pictures | Getty ImagesLONDON — U.K. inflation rose to…