US inflation increased by the most in eight months in December amid a surge in consumer spending, suggesting the Federal Reserve would probably be in no hurry to resume cutting interest rates soon.

Inflation has cooled substantially since peaking in the summer of 2022, and that progress continued through 2024 to the point where an elusive “soft landing”— price stability without having ...

The Federal Reserve's preferred inflation gauge showed prices rose as expected in December, and it remains above the central bank's target level amid its ongoing efforts to wrestle down inflation.

SINGAPORE – Singapore’s core inflation extended its decline in December 2024 as the cost of services moderated, though the gauge came in above analysts’ expectations. Core inflation ...

Furthermore, inflation crept up by another 0.1% in December ... last week that Mbenenge sexually harassed her between 2021 and 2022. The South African Social Security Agency (Sassa) has warned ...

Some, like Alan Blinder, professor of economics and public affairs at Princeton and former vice chairman of the Fed, suggest that inflation will not last for years. "One day, hopefully soon ...

The most recent peak was in the June 2022 quarter when the annual inflation rate reached 7.3%.” Between the June 2021 and June 2024 quarters annual inflation was above the target band.

His first-day actions represent a complete remaking ... that increasing fossil fuel extraction would drive down inflation. He agreed that the US should declare a national energy emergency ...

Some of President Donald Trump's executive orders on his first day in office aimed to ... halting policies from the Inflation Reduction Act of 2022 which promoted wind and solar power as well ...

The move gives the video-sharing platform a 75-day reprieve. Trump will call for federal agencies to study tariff policies and the US trade relationship with China, Canada and Mexico, according to ...

WASHINGTON: Newly inaugurated US President Donald Trump ordered a 75-day pause on enforcing a law that would effectively ban TikTok, marking one of his first acts in office. The executive order ...

Canada's inflation rate fell to 1.8 per cent in December, with the federal government's GST holiday bringing prices down for restaurant food, alcohol and children's clothing, Statistics Canada ...