Economists had expected the inflation rate to remain unchanged after accelerating in the previous three months. Inflation based on the harmonized index of consumer prices was unchanged at 2.8 ...
Ahead of the Union Budget 2025, that is to be tabled on Feb 1, Delhi Resident Sangeeta Singh asserted that the inflation rate should be curbed. Following this she said that the government should focus ...
WASHINGTON – The Federal Reserve paused its interest rate cutting campaign Wednesday and gave no signal it plans to lower rates again in the near term amid uncertainty spawned by inflation and ...
The core inflation rate is currently 3.2%. Rising prices on food, shelter and energy continue to be the main culprits for price increases. Moreover, if President Donald Trump goes through with ...
Officials at the US Federal Reserve, led by Fed Chair Jerome Powell (above), say they largely believe the progress in lowering inflation will resume this year, but have now put rates on hold as ...
The figures arrive just two days after Federal Reserve officials, led by Chair Jerome Powell, decided to pause their interest rate cuts in part because inflation has largely been stuck at about 2. ...