Rates, inflation
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ECB raises rates to nip war-led inflation in bud
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Inflation just jumped to its highest point since April 2023. Here's what that may mean for mortgage interest rates.
US businesses’ input costs are rising rapidly as the Iran war’s oil shock continues to ripple through the economy.
The President’s remark comes as the inflation rate last month hit a three-year high.
The president suggested the recent numbers mean there will be a bigger decline in inflation once the war in Iran is over.
The inflation story just got another plot twist. Fresh data from the U.S. Bureau of Labor Statistics showed May producer price inflation (PPI) jumped 6.5% year over year, higher than expectations of 6.
Lower gasoline prices and fading tariff effects are likely to nudge U.S. inflation lower by the end of 2026.
Consumers and U.S. workers are feeling the pinch of a wage growth rate that lags behind the rate of inflation.
With inflation surging, savers should move their money into an account that can outpace it. Here are two to know now.
