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.

Mortgage rates have begun climbing again as geopolitical tensions intensify, with economists warning that the trend could continue if the conflict persists. After briefly falling below 6%, a milestone not seen since 2022, rates reversed course as the war ...

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.

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 ...

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.