Economy News Inflation To Dog World Economy Next Year, Postponing Rate Cut Calls

IMF says Bank of England should be 'very cautious' on future rate cuts

The Bank of England needs to be "very cautious" about future rate cuts as British inflation looks set to remain the highest in the Group of Seven advanced economies this year and next, the ... Read More

Why Friday's Inflation Report Is A Big Deal After This Week's Economic News

Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ... Read More

Cleveland Fed president warns of inflation risks despite recent rate cut

CLEVELAND — Federal Reserve Bank of Cleveland President and CEO Beth Hammack says the central bank is keeping a close eye on inflation and a “two speed” economy that is particularly challenging for ... Read More

Fed's favored inflation gauge shows consumer prices remained elevated in August

The Federal Reserve's preferred inflation gauge showed that inflationary pressures remained elevated in August, as policymakers seek to balance the need to restore price stability against a weakening ... Read More

UCLA forecasts ‘stagflation-lite’ economy with higher inflation and unemployment

The UCLA Anderson Forecast released Wednesday predicts economic growth will slow next quarter as the costs of the Trump administration's tariffs fully take hold, leading to a 'stagflation-lite' ... Read More