Mainstream economists define “inflation” as general increases in consumer and producer prices. Yet, such a definition misses ...

An exchange rate is how much one currency is worth in terms of another currency. Most exchange rates change freely, going up ...

When the unemployment rate is low ... which drives economic growth. But low unemployment and strong job growth have a downside: A robust job market can drive higher inflation, setting the Federal ...

In a statement on Saturday, Joshua said Nigeria’s inflation rate is projected to increase, drawing insights from the current economic landscape and the recently unveiled 2025 national budget.

The inflation rate remained above 3% in early 2024. Since early 2022, inflation has been the Federal Reserve’s primary economic challenge. To address this, the Federal Open Market Committee ...

How lower interest rates stimulate the economy When inflation is too low, it is also bad for the economy. Decreasing the policy interest rate can stimulate economic activity and cause inflation to ...

For months, inflation has weighed heavily on consumers, businesses, and the housing market, creating uncertainty in financial planning and budgeting. However, with the Bank of Canada making its first ...

The economic forecast ... But the rate of gain will be slower than in the past two years. Gross Domestic Product (GDP) adjusted for inflation grew by 2.7% in the four quarters through 2024 ...

Diccon Hyatt is an experienced financial and economics reporter ... Cooler core inflation revived the possibility the Federal Reserve will cut interest rates this year. The cost of living rose ...

Historically speaking, the biggest swings in mortgage rates were accompanied by economic catastrophes (e.g., surging inflation, the start of a recession, etc.) that drove bond yields ...

Diccon Hyatt is an experienced financial and economics reporter ... has now battled high inflation for nearly four years. Economists point to the Federal Reserve's rate cuts, rising oil prices ...