ABUJA (Reuters) -Nigerian inflation was at 24.48% in annual terms in January, the statistics agency said on Tuesday, a ...

U.S. inflation accelerated last month as the cost of groceries, gas, and used cars rose, a trend that will likely underscore ...

Schraa/iStock by Getty Images)Before the pandemic, investors worried about how persistent­ly low inflation and interest rates would crimp bank profits. Paradoxically, they also worried about bank ...

The consumer price index increased 3% in January from a year ago, Wednesday’s report from the Labor Department showed, up ...

Later Wednesday, Federal Reserve Chair Jerome Powell will testify before the House Financial Services Committee, where he will likely be asked about inflation and the Fed’s response to it. The Fed ...

The Fed raised its benchmark rate in 2022 and 2023 to a two-decade high of 5.3% to combat inflation. With inflation down significantly from its 9.1% peak in June 2022, it cut its rate to about 4.3 ...

A noted economist said raising interest rates alone may not be effective in reducing inflationary pressures, instead prescribing alternative steps such as increasing the supply of goods to combat ...

The firm's management said if they have to take slightly higher price increases, it will be decided in the next year.