Inflation in the US fell to 2.5% in August, its lowest since February 2021, but core inflation remains at 3.2%. The Federal ...

UK government’s £500m taxpayer-backed deal for steelworks secures long-term future of Port Talbot but unable to secure guarantees to save 2,500 jobs ...

US inflation fell in line with expectations in August, pushing the headline rate down to its lowest level since February 2021 ...

The data point paves the way for the interest rate cut that the Federal Reserve is expected to approve next week ...

"People can't go out and buy cereal or bacon or eggs or anything else," former U.S. President Donald Trump said in the debate ...

The Consumer Price Index (CPI), which tracks the cost of goods and services in the U.S., rose by 0.2 per cent in August, matching expectations. This brought the annual inflation rate down to 2.5 per ...

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

With the cost of goods and services experiencing a slight decline in August, the Federal Reserve may consider cutting its key ...

After grappling with the strongest U.S. price pressures in four decades, it's hard for investors to adjust to the notion that ...

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 ...

Inflation in the United States may have hit a three-year low in August, underscoring that the rate of price increases is ...