While Federal Reserve Chair Jerome Powell says "the underlying inflation picture is good," tariffs could change all that.

While prices for certain goods have declined, inflation remained elevated even before tariffs show up in the data.

President Donald Trump might want a new, “America First” world, but in the race to control inflation the United States may actually come last. While his tariff hikes are widely expected to jack up ...

WASHINGTON, April 25 (Reuters) - Bank of England policymaker Megan Greene said U.S. President Donald Trump's tariffs would probably lead to lower rather than higher inflation in Britain but big ...

Retaliatory tariffs against the U.S. would push inflation higher, Bank of England Governor Andrew Bailey said Thursday. After President Trump announced a 10% tariff on April 2 on most U.K. goods ...

The blockade might however cost Pakistan millions of dollars in lost aviation revenue in the coming days (Reuters) Pakistan’s decision to close its airspace to Indian carriers, announced on ...

Tokyo's consumer inflation this month has hit its highest level in two years. The surging cost of rice is a major factor. The internal affairs ministry says the consumer price index for the ...

Consumption, which makes up a large part of domestic demand, has lacked vigor, largely because gains in nominal wages have been canceled out by cost-push inflation.

The Bank currently projects inflation to hit a high of 3.75 per cent this year but it is likely to revise its numbers in a matter of weeks. It will be the first update made by a major UK ...

Costco customers relish in the low price of the beloved hot dog and drink combination — and rightfully so. Spending just $1.50 on a soda and a hot dog is unheard of these days, and the wholesale ...

Bank policymaker Megan Greene has said that Reeves’ tax hikes will push up inflation. Rachel Reeves’ national insurance tax rise will push up inflation and lead to a “shake-up” of the ...