Inflation jumped to a three-year high in May as the Iran war continued to fuel higher energy prices.
But when inflation stays high because of strong local demand, that is exactly the problem interest rates are built to fix.
John Schmidt is the Former Assistant Assigning Editor for investing and retirement. Before joining Forbes Advisor, John was a senior writer at Acorns and editor at market research group Corporate ...
This historic inflation calculator uses official UK inflation data to show how prices have changed and what money used to be worth.
Inflation throttled back in March, largely on lower gasoline prices — but tariffs threaten to reverse that downward trend in coming months while trouble also lurks in certain categories like groceries ...
A chart comparing today's post-COVID-19 inflationary wave to the great inflation of the 1970s is making the rounds again after Wednesday's hotter-than-expected CPI report. Apollo economist Torsten ...
New Fed Chair Kevin Warsh is expected to keep rates steady, but markets will focus on his tone and confidence as inflation ...
Cleveland Fed president Beth Hammack warned Tuesday that it may soon be time to raise interest rates because of concerns that rising prices could get entrenched.
Kevin Warsh is set to take over as chairman of the central bank as policymakers seem to be weighing rate hikes.
The Iran war has pushed up gasoline, groceries and other prices for consumers.
The consumer price index declined unexpectedly in November 2025. It was the first CPI report from the Bureau of Labor Statistics since the government shutdown ended last month. Economists said that ...
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