The Bank of Canada kept its main interest rate unchanged at 2.25%, and signaled the rate may stay close to that level so long as the economy evolves as forecast.

The core PCE price index has risen 3.1% in the past year. The Iran conflict will push it even higher. A customer shops in a grocery store in Miami, Florida. Inflation has changed Americans' buying habits. Federal Reserve officials have grown more worried ...

Americans were already feeling squeezed by rising prices, and now they have fresh data to confirm it. After months of relative stability, consumer prices are climbing at their quickest annual pace in nearly two years, surprising both economists and ...

The Federal Reserve aims to keep the inflation rate steady at around 2% per year, as measured by the core Personal Consumption Expenditures Price Index (PCE). The core PCE recently ticked higher higher and broke above 3%, which is forcing Wall Street ...

The latest CPI data don't even factor in the Iran conflict. Here are some takeaways. Americans face rising prices at the gas pump. The federal government's publication of the latest consumer inflation data saw Wall Street once again engaging in its ...

The Reserve Bank of Australia has been given more ammunition to lift interest rates next week after inflation soared in March.

The Federal Reserve is expected to keep interest rates unchanged as Chair Jerome Powell's future hangs in the balance during what may be his final meeting. Senate confirmation of Kevin Warsh as Powell's successor is imminent.