Stagflation, the combination of high inflation and slow growth, is among the most difficult for the Federal Reserve to manage: contractionary policy may tame inflation but slows growth further, while ...

WASHINGTON — The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates twice this year, though it said the outlook is more uncertain. The ...

A big fall in Australia’s exchange rate or major supply chain disruptions would restart inflation, the Reserve Bank has warned as it readies for the global trade storm.