Core inflation, which strips out prices of fresh food, came in at 3% as expected by economists polled by Reuters.

The Fed’s decision was aimed at jump-starting a slowing economy clouded by stubborn sticky inflation and political tension. The Fed’s quarter-point cut to a 3.75%–4.00% benchmark rate makes borrowing ...

Workers are growing tired of an economy in which everything seems to get more expensive.

The FOMC voted 10-2 at last month's meeting to cut the central bank's benchmark interest rate by a quarter of a percentage ...

Muddled picture of underlying inflation has economists expecting Bank of Canada will leave benchmark rate unchanged ...

Federal Reserve policymakers remain divided on December interest rate cuts as FOMC minutes revealed differing views on ...

Tomorrow’s ONS inflation data release marks a key test of the Bank of England’s predictions for the course of inflation in ...

The odds of a Fed rate cut have shifted again, which could keep savings and CD rates elevated into next year. Here’s how to ...

Inflation has continued to bite hard across Africa, remaining one of the toughest economic pressures weighing on households, governments, and businesses in ...

In an effort to tackle high inflation, the ECB raised interest rates sharply in 2022 and 2023, with repercussions for banks, ...

Thirty-year mortgage rates hit a one-month high today. The current mortgage rate on a 30-year fixed mortgage rose by 0.97% in the last week to 6.37%, according to the Mortgage Research Center.

As South Africa's festive season approaches, the announcement of a 25 basis point cut in the repo rate brings much-needed ...