Top Federal Reserve officials — including Chair Jerome Powell — are increasingly pointing to an obscure price gauge as a reason to maintain confidence in their outlook: “market-based” inflation.

The United Nations on Thursday raised its growth forecast for the global economy this year, anticipating a boost to investment as central banks continue to lower their key interest rates.

The Treasury secretary said supply chain issues, shortages drove up prices during the pandemic, but that stimulus spending could have played a role as well.

U.S. Treasury Secretary Janet Yellen said spending could have have contributed "a little bit" to rising inflation.

The average Social Security payment will rise by more than $50 per month starting in January, thanks to the federal government’s 3.2% annual cost-of-living adjustment, or COLA. A 3.2% increase in the average Social Security check—about $1,

Mexico's headline inflation rate eased more than expected in December, fueling bets that the central bank will keep cutting its benchmark interest rate despite an uptick in the core consumer price index.

China narrowly avoided slipping into deflation in December with inflation rising at its slowest pace in nine months, official figures showed on Thursday, a

Dockworkers tentatively agree to a new deal, preventing a potential port strike that may have snarled supply chains, created shortages and inflation.

The yield on the UK’s 30-year inflation-linked bonds rose to 2% for the first time since the market meltdown in late 2022.

By now you've probably heard about Governor Kathy Hochul's plan to send an inflation refund check to most New York taxpayers next year.It's the first proposal t