Economy News European Inflation Is Surprisingly Low—and It Could Help Its Long Struggling Economy Catch Up With The U S

ECB to pause rates at least until 2027 on steady inflation and growth outlook

The European Central Bank has finished cutting interest rates as inflation holds around its 2% target and the economy marches steadily on, according to a growing majority of economists in a Reuters ... Read More

US tariffs to slow UK economy, lower inflation, BoE's Dhingra says

Higher U.S. tariffs on imports are weighing on growth in Britain and are likely to lead to downward pressures on British inflation over the medium term, Bank of England policymaker Swati Dhingra said ... Read More

Inflation ticked up to 2.7% in August in Fed’s preferred gauge

Inflation rose one-tenth of a percentage point to 2.7% for the year ending in August, the Bureau of Labor Statistics reported Friday in an update to the Federal Reserve’s preferred gauge. Economists ... Read More