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The Labor Department has cut back on the inflation data it collects because of the Trump administration’s government hiring freeze, raising concerns among economists about the quality of the inflation ...
The UN expects the global economy to grow at a slightly faster pace of 2.9% in 2026. But its relatively positive assessment hinges on a continued slowdown in inflation.
They argue that lower inflation targets are not worth the pain of continuing hikes in interest rates, which are projected to hit 4.6 percent next year, according to a median estimate from the Fed.
Global Food Costs Mark One Year of Drops, at Odds With Inflation. UN FAO’s global food index drops to the lowest since July 2021; Food inflation a serious concern in many countries: AMIS ...
FRANKFURT, Germany (AP) — The head of the European Central Bank said inflation has become more unpredictable due to shocks ...
If inflation continues to cool and economic data justifies it, a Fed rate cut could come later this year. That's good news for gold. Lower interest rates weaken the dollar and reduce the ...
The U.S. inflation rate for the 12-month period ending in September 2024 is 2.4%, showing a trend in the right direction. But what does that mean for you? Learn about inflation, its causes, how it ...
Should the global economy be spared an increase in trade barriers that reanimates inflation, the UN forecast that the U.S. economy would grow by 1.9% this year, a slowdown from 2024 but a stronger ...