War-Driven Inflation Sends U.S. Mortgage Rates Climbing, New Data Shows

The conflict in the Middle East is reviving the specter of inflation and hobbling the global economy just as it was showing signs of strengthening at the start of the year, the OECD said.

Consumer prices rose 0.3% in December, driven by rents and food Food prices posted their biggest monthly gain in more than three years Core inflation remained moderate, keeping rate cuts in play later this year Shutdown-related data distortions masked some ...

Based on the CPI, inflation is relatively cool. Don't be fooled. It's much higher than advertised and you can see it if you look at the right data.

As always, there is plenty of noise about the potential for short-term inflation from tariffs, fiscal stimulus from tax cuts, and deficit spending from various governments around the world. But the long-term trajectory of global inflation is poised to be ...

Federal Reserve Chair Jerome Powell said Monday the central bank is inclined to hold rates steady and look past the energy shock from the war in Iran but cautioned that it might not be able to sit on the sidelines if rising prices shift the public’s expectations about inflation over time.