Consumer prices pulled back in June on the heels of lower energy and gasoline prices, a reversal after moving sharply upward in recent months due to the Iran war. However, inflation risks re-igniting in coming months amid renewed hostilities between the U.S. and Iran, economists said. The consumer price index, an inflation barometer, rose 3.5%…
Consumer prices posted their biggest decline in more than six years during June as a sharp swoon in energy prices provided at least temporary relief from this year’s inflation surge, the Bureau of Labor Statistics reported Tuesday. The consumer price index, a broad measure of costs for goods and services across the U.S. economy, was…
Commercial buildings illuminated at dusk in Singapore, on Monday, Feb. 2, 2026. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Singapore’s economy expanded 5.7% in the second quarter, topping market expectations, on the back of strong growth in the manufacturing sector. Growth was higher than the 5.5% expected by economists polled…
Christopher Waller, governor of the US Federal Reserve, during the Federal Reserve’s Payments Innovation Conference in Washington, DC, US, on Tuesday, Oct. 21, 2025. Aaron Schwartz | Bloomberg | Getty Images Federal Reserve Governor Christopher Waller on Monday expressed concern about inflation but cautioned against “fighting the last war,” saying the central bank should wait…
NEW DELHI, INDIA – JULY 9: People are seen crossing a waterlogged road after the heavy rainfall at Gazipur Sabzi Mandi on July 9, 2026 in New Delhi, India. (Photo by Raj K Raj/Hindustan Times via Getty Images) Hindustan Times | Hindustan Times | Getty Images India’s consumer price inflation rose to 4.38% in June,…
A container ship is berthed at the container terminal in Qingdao, China’s eastern Shandong province on June 25, 2026. – | Afp | Getty Images China’s consumer prices grew slower than expected in June, while wholesale inflation accelerated, as elevated energy costs continued to sap domestic demand. Consumer prices rose 1% in June from a…
Federal Reserve officials were split last month about the future of interest rates, with policymakers entertaining scenarios in either direction, according to meeting minutes released Wednesday. In Kevin Warsh‘s first meeting June 16-17 as chairman of the Federal Open Market Committee, participants saw outcomes where inflation could ease and allow lower rates, while others envisioned…
Divided Federal Reserve officials indicated at their last meeting that they will address persistent inflation this year with one interest rate hike. History, though, suggests that policymakers will have a hard time stopping there. In fact, there have been few instances over the past 35 years or so when the Fed has only made one…
Joachim Nagel, President of the Bundesbank, Germany’s central bank, speaks to members of the Foreign Journalists’ Association on April 23, 2024 in Berlin, Germany. Michele Tantussi | Getty Images Inflation is at risk of remaining above target despite the U.S. and Iran agreeing to end their war in the Middle East, a top European central…
Neel Kashkari, president and chief executive officer of the Federal Reserve Bank of Minneapolis, during the Bloomberg Invest event in New York, US, on Tuesday, March 3, 2026. Michael Nagle | Bloomberg | Getty Images Minneapolis Federal Reserve President Neel Kashkari said Friday he has changed his outlook and now expects that one interest rate…
