The dollar edged higher on Thursday on expectations the currency would be boosted next year by policies by the incoming Donald Trump administration.

Most central banks around the world closed in on taming inflation this year without bringing about a recession. Many of them even began lowering interest rates after prolonged monetary policy tightening in the aftermath of the COVID-19 pandemic.

Bank of Thailand expects inflation to stay within the 1% to 3% target range in the next two years, Governor Sethaput Suthiwartnarueput said, describing the band as appropriate and supportive of the nation’s growth potential.

Inflation in the U.S. showed signs of cooling in November as price increases slowed sharply after two months of gains.

Bank interest rates on deposits and loans rose much higher than the central bank's key rate, causing a slowdown in lending activity.

The Federal Reserve’s preferred inflation gauge moved slightly higher in November — but not as much as economists were expecting, an indication that price hikes aren’t accelerating in a worrisome fashion.

But the song – which counts up from Christmas to Epiphany on Jan. 6 – has also become the peg for a whimsical way to gauge year-over-year inflation. Pennsylvania-based PNC Bank and other financial institutions have tracked the costs of each set of ...

Federal Reserve leaders are unified in their resolve to quash the worst bout of inflation in four decades. They just no longer agree on how high to keep U.S. interest rates to achieve their goal.

The December 2024 economic projections from the central bank show significant changes from the September figures. They indicate rising inflation and potential impact.

Count us as two financial economists hoping only certain inflation measures fall slower than expected, and everyone’s expectations for future inflation remain low. If so, the Federal Reserve should be able to look beyond short-term changes in inflation and focus on metrics that are more useful for predicting long-term inflation.

The Personal Consumption Expenditures index climbed 2.4 percent from a year earlier, though the report’s details were more subdued than expected.

NerdWallet estimates that food prices have risen 28%. Even with inflation beginning to slow, prices are still up.