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The European Central Bank raised interest rates for the first time since 2023. It expects inflation to run hotter than previously thought, and downgraded its forecast for economic growth. By Eshe ...

Chairman of the Federal Reserve Kevin Warsh is looking to change up the way the Fed measures inflation. Changing the benchmark for the Fed's 2% inflation target could lead to big shifts in monetary ...

(CNN) — Annual inflation rose to a three-year-high of 4.2% in May, underscoring how elevated energy prices are rippling through the US economy, according to new data from the Bureau of Labor ...

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. Prices continue to rise at an accelerated rate in 2026, driven by fuel ...

Economists expect a key inflation gauge set to be released on Wednesday to show that U.S. consumer prices in May rose at their fastest pace in more than three years. The Consumer Price Index is ...

The rate of U.S. inflation is primed to top 4% for the first time in three years — and the negative repercussions are likely to be felt for the rest of the year. Gone is any chance of the Federal ...

Euro-area inflation topped 3% for the first time in more than 2 1/2 years, cementing expectations for an interest-rate hike when the European Central Bank meets next week. Consumer prices rose 3.2% ...

Inflation in the United States reached its highest level in three years in April, according to the Bureau of Labor Statistics (BLS). And many Americans are feeling the pinch: In a Pew Research Center ...

The inflation boogeyman is back. Stocks on Friday dropped sharply after a fierce rally in tech lifted major indexes to all-time highs throughout the week. The catalyst for the big drop is Treasury ...

A 'low-tech' Cleveland Fed tool consistently outperforms generative AI, which has struggled to provide reliable forecasts Don't bother asking AI for an inflation forecast. A new study provides yet ...

A new study provides yet more evidence that investors exaggerate the forecasting ability of artificial intelligence. The study’s authors found that ChatGPT doesn’t even come close to matching the ...