It’s not just eggs. Many commonly purchased goods and services got more expensive in January, driving inflation in the wrong direction and to its highest rate since June of last year.

Consumer prices rose 3%, extending a recent pattern of increases at the start of the year that likely derails the prospect for Fed rate cuts so long as the economy remains solid.

The latest Consumer Price Index report shows inflation ticked up to 3% in January from a year ago, a slight rise from the ...

Dow Jones dived after hot inflation data in the stock market today. Nvidia partner SMCI soared. Fed Powell continued his ...

These are today's mortgage and refinance rates. Elevated inflation has kept mortgage rates high, and it's unclear if they'll ...

The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's ...

Bitcoin drops 1.3% as inflation impacts crypto markets, with CPI surpassing expectations and Fed maintaining restrictive ...

Turkey's central bank governor Fatih Karahan said on Friday the bank is "not on autopilot" after two straight interest rate ...

Russia's economy grew by 4.1% in 2024, Russian Prime Minister Mikhail Mishustin told President Vladimir Putin on Friday, ...

The Central Bank of Turkey has raised its inflation forecasts for 2025, citing factors beyond the control of monetary policy ...

Watchdog intends to increase politicians’ annual salary by 2.8pc even though the current inflation rate is only 2.5pc ...

When inflation rises, interest rates usually follow as the Federal Reserve tightens monetary policy to control the rise in ...