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 president and CEO of the Federal Reserve Bank of Chicago discusses the possibility of more interest rate cuts and the effects of tariffs and AI on the economy.

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 ...

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 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 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 ...

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.

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 ...

Inflation expectations are currently trending north, driven by the unraveling oil price shock, with a roughly 70% surge in crude oil prices this year driven by the Middle East war, intensifying fears ...

The Federal Reserve’s preferred inflation gauge remained stuck above the central bank’s target in January, evidence of the stubborn price increases likely to lead the Fed to keep interest rates on ...

Argentina’s monthly and annual inflation readings both came in higher than expected in February before the war in Iran put upward pressure on oil prices. Consumer prices rose 2.9% last month compared ...

As CPI inflation stays steady at both the headline and core levels for February, at any other time the release would be no news. But with a war underway, the focus is not on what has happened but on ...