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The European Central Bank raised interest rates for the first time since 2023. It expects inflation to run hotter than previously thought, and downgraded its forecast for economic growth. By Eshe ...
See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. Prices continue to rise at an accelerated rate in 2026, driven by fuel ...
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US inflation tops 4% for first time in three years
Annual inflation rose to a three-year-high of 4.2% in May, according to new data from the Bureau of Labor Statistics. CNN’s Boris Sanchez and Matt Egan break down the numbers. Trump unveils new name ...
Economists expect a key inflation gauge set to be released on Wednesday to show that U.S. consumer prices in May rose at their fastest pace in more than three years. The Consumer Price Index is ...
The rate of U.S. inflation is primed to top 4% for the first time in three years — and the negative repercussions are likely to be felt for the rest of the year. Gone is any chance of the Federal ...
Although former Fed chair and now Governor Jerome Powell partly blamed elevated inflation on President Donald Trump's tariffs, the bulk of the pricing pressures Americans are dealing with right now ...
Euro-area inflation topped 3% for the first time in more than 2 1/2 years, cementing expectations for an interest-rate hike when the European Central Bank meets next week. Consumer prices rose 3.2% ...
Inflation is now at its highest point in three years, and that trickles down to everything — from groceries and gas to mortgage rates. The latter has become pretty apparent in recent months, as ...
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The inflation boogeyman is back. Stocks on Friday dropped sharply after a fierce rally in tech lifted major indexes to all-time highs throughout the week. The catalyst for the big drop is Treasury ...
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