Housing inflation, which reached a peak of 8.2% a year ago, fell to 5.6% in March, which is still too high to allow the Fed to cut its benchmark interest rate.

Some Fed officials worry inflation remains stubbornly high, minutes show By Bryan Mena, CNN 3 min read Published 2:40 PM EDT, Wed April 10, 2024 ...

Speaking to Sky News , Ms Reeves said: 'The numbers today are clearly disappointing. We want to see inflation coming down after the cost of living challenges that people have been through these ...

What a difference three months makes. At the end of 2023 and the start of 2024, it appeared that the US was on a glide path to what I termed "economic nirvana": Growth would stay steady, if not ...

Few have escaped sky high rent rises of recent years, but prices still vary dramatically across the UK. (Getty Images) The monthly cost of renting a home in the UK is 21% higher than it was three ...

Russia's central bank on Friday left its key interest rates unchanged at 21%, citing monetary tightness as Moscow wages an ongoing battle with sky-high inflation. "Monetary conditions tightened ...

Turkey's central bank raised interest rates by five percentage points on Thursday. It was the sixth consecutive rate hike and took the rate to 40%. Inflation hit 61.3% in October, almost unchanged ...