The consumer price index for February is forecast to show an increase of 0.3% for goods and services across the largest economy in the world.
Wall Street was already nervous about a potential rise in inflation because of President Trump’s tariffs — and the last thing investors want to see is another disappointing reading on prices even before the tariffs kicked in.
Erratic tariff policy poses risk of both rising prices and high unemployment, says economist Şebnem Kalemli-Özcan.
Japan's annual wholesale inflation hit 4.0% in February, data showed on Wednesday, underscoring pressure from rising raw material costs that will keep alive market expectations of a near-term interest rate hike by the central bank.
It takes around $2900 to buy an ounce of gold today, evidence that another round of "inflation" is now upon us.
Senate Bill 1 aims to promote 'intellectual diversity' but faces strong opposition from educators who fear its consequences.
“In his first term, President Trump instituted tariffs that helped level the playing field for American industries and workers without hiking inflation,” White House spokesman Kush Desai said in a statement. “In his second term, he is again using tariffs to raise wages, create jobs, expand investment, and deliver economic prosperity.”
Hungary’s government is limiting the profit margin for grocers on a number of basic food items in response to growing inflation hitting consumers in the Central European country.
The Bureau of Labor Statistics will release the consumer price index report for February on Wednesday, March 12.
Inflation is a top financial concern this year, according to a new survey from Northwestern Mutual, and many Americans say their incomes aren't keeping up.
Waiting to break their fast during the Muslim holy month of Ramadan, clerics in the Indonesian town of Majalengka gathered for an unusual briefing on the subject of inflation, led by the country's central bank.