Trump's promises to bring down the cost of living were a big reason he was elected, but since taking office he has now twice said that's not his top priority. "They all said inflation was the No. 1 ...

The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well as food. However, a closely watched measurement of underlying ...

The Personal Consumption Expenditure index shows prices are up by 2.6% annually. The Federal Reserve is seeing positive economic indicators despite erratic inflation. Just two days after the Federal ...

The Federal Reserve held interest rates steady Wednesday as it seeks to curb stubborn inflation. Fed policymakers have hinted that they'll be cautious about additional rate cuts, so long as the job ...

The Australian Bureau of Statistics reported on Wednesday that the RBA’s preferred inflation measure, trimmed mean, dropped to 3.2 per cent in the year to December compared to 3.5 per cent in ...

Between tech busts, a financial crisis and a pandemic, not to mention periods of too little inflation and too much, the nation’s central bank has used short-term interest rates, along with other ...

Financial markets and most economists believe the Reserve Bank will use its February 17-18 meeting to cut official interest rates by a quarter percentage point after inflation dropped to 2.4 per cent.

Core inflation has fallen to 3.2 per cent annually, opening the door for the Reserve Bank of Australia to cut interest rates at its next meeting. The trimmed mean – the central bank’s preferre ...

Headline inflation rose 0.2 per cent in the December quarter, ABS figures show, while annual inflation slowed to 2.4 per cent. Underlying inflation also cooled more than most economists had forecast.

CBA senior economist Stephen Wu said he was forecasting trimmed mean to come in at 3.2 per cent for the year with the rate cutting cycle starting from February. “This inflation read will make or ...

The Consumer Price Index report for January is expected to show broadly unchanged annual inflation compared to December, according to nowcasts. The CPI release is scheduled for February 12.

Copyright 2025 The Associated Press. All Rights Reserved. President Donald Trump holds up a signed executive order aiming to declassify remaining federal records ...