Chart 1 shows that inflation expectations for both 3-months ahead and one-year ahead inched up in January 2025. Indeed, the one-year ahead inflation expectation is the highest since July 2023.

What’s kept the economy churning has been strong consumer spending, even in the face of high inflation and high interest rates meant to counter those price hikes. Consumers have continued to ...

U.S. economic growth slowed in the fourth quarter as a strike at Boeing depressed business investment in equipment, but ...

The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.

The Reserve Bank of India seeks to boost the sluggish economy and sees inflation easing towards its 4% target.