Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting inflation back to its 2% ...

As inflation cools and the Federal Reserve cuts rates, an era of economic upheaval is coming to a close, but not without ...

Federal Reserve officials, in their first public comments since the U.S. central bank cut interest rates by half a percentage ...

Economists told CBS News the calculation is incomplete, since average household incomes have also risen over that time period ...

Japan's core consumer inflation accelerated for the fourth straight month in August and tracked comfortably above the central ...

Japanese inflation rose slightly in August, with prices up 2.8 percent year-on-year, official data showed Friday, hours ...

Analysts Expect Cuts Before Christmas The Bank of England held its main interest rate at 5% today despite a 0.5% percentage point cut by t ...

Biden clearly linked the aftermath of the pandemic – with shipping lanes clogged, goods scarce and people shut in and working ...

Japan’s key inflation gauge accelerated in August for a fourth consecutive month, hours before the Bank of Japan is scheduled ...

Having all but tamed inflation, the Federal Reserve is poised to do something Wednesday it hasn’t done in more than four ...

The root of the problem of higher prices, whether in the housing or food sector, is the imbalance in demand and supply.

Switzerland’s government slashed its inflation forecasts, a move in line with expectations that the central bank will cut ...