The global economy would suffer a large setback to growth if energy prices rise further and stay high for a lengthy period in response to the conflict in the Middle East, while inflation in the U.S.
UK food inflation could reach at least 9% by the end of the year as a result of the ongoing conflict in the Middle East, according to a local trade body. In September, The Food and Drink Federation ...
The impact of the Iran war on global oil prices could push the rate of inflation facing U.S. consumers higher, which would leave Federal Reserve policymakers in a difficult spot as they weigh possible ...
The war in the Middle East risks worsening an inflation problem that the Federal Reserve has struggled for years to subdue. By Colby Smith and Ben Casselman Colby Smith covers the Federal Reserve. Ben ...
Good afternoon and welcome to our live coverage ahead of the latest UK inflation data being published by the Office for National Statistics (ONS) tomorrow (25 March). The latest Consumer Price Index ...
The OECD on Thursday issued a somber warning about the economic impact of the Iran war if it drags on, saying inflation could reach a painful 4.2% in the US this year. “The breadth and duration of the ...
Economists raised their estimates for US inflation through year-end, while trimming consumer spending, growth and employment projections as the war in Iran drives up fuel costs. The personal ...
Global inflation is now projected to reaccelerate to around 4% in 2026, reversing earlier expectations of steady decline. The OECD warns energy shocks from the Middle East conflict are the primary ...
The Bureau of Economic Analysis released its personal consumption expenditures price index data for September earlier today. Here is the report, at a glance: Core YoY: 2.8% increase, in line with ...
US consumer sentiment slid to a three-month low in March and year-ahead inflation expectations jumped as the war in the Middle East drives up gasoline prices. The University of Michigan’s final March ...
In its periodic update of economic conditions, the Organization for Economic Cooperation and Development forecast all-items inflation in the U.S. to be at 4.2% for 2026. The forecast is a sharp step ...
Polo Rocha has written about economics and banking for a decade. Justin Sullivan / Getty Images National average rent growth has stagnated, rising just 0.1% year-over-year in February. Elevated ...