Inflation,

By Ann Saphir and Lindsay Dunsmuir – The Federal Reserve’s inflation fight should be its top priority, President Joe Biden’s nominees to the central bank’s Board of Governors told lawmakers …

By Andy Bruce LONDON – Facing pressure to curb surging inflation, the Bank of England looks set to raise interest rates again on Thursday and signal further unwinding of its …

By Ann Saphir and Jonnelle Marte – U.S. President Joe Biden’s nominees to the Federal Reserve Board came out swinging against high inflation on Wednesday, saying rising prices pose a …

By Ann Saphir and Howard Schneider – In the summer of 2005, Philip Jefferson spent several weeks learning from fellow Swarthmore College professor Amy Vollmer how to genetically engineer bacteria …

WASHINGTON – U.S. inflation risks being pushed to a permanently higher level if the Federal Reserve does not get the current bout of price increases under control, Atlanta Fed president …

LONDON – The maker of Irn-Bru, the iconic orange Scottish soft drink, said on Tuesday that it had increased its prices due to soaring inflation in Britain. Consumer prices are …

By James Davey LONDON – British grocery inflation rose to 3.8% in the four weeks to Jan. 23, with the prices of savoury snacks, crisps and beef rising the most, …

PARIS – French inflation fell less than expected in January as it eased back from a 13-year high on lower prices for manufactured goods due to winter sales, preliminary EU-harmonised …

WASHINGTON – U.S. inflationary pressures should ease in 2022 due to weaker demand for goods, easing supply bottlenecks and a receding coronavirus pandemic, the U.S. Treasury’s top economist said on …

By Ann Saphir – How fast and far the U.S. Federal Reserve will raise interest rates once it begins doing so in March will depend on what happens with the …

By Howard Schneider and Jonnelle Marte – Data watched closely by the Federal Reserve showed inflation expectations remained broadly anchored through the end of last year, while an alternate measure …

NEW YORK – Inflation rose the most in 15 years in some of Latin America’s largest economies last year, but credible monetary policies have kept long-term price increase expectations anchored, …

-Spanish inflation slowed to 6% year-on-year in January from 6.5% in December, mainly thanks to lower electricity costs, flash data from the National Statistics Institute (INE) showed on Monday. The …

By Dhara Ranasinghe LONDON – Record euro area inflation rates mean price pressures will top the agenda for European Central Bank policymakers meeting on Thursday. No immediate policy action is …

LONDON – British businesses are scaling back plans for pay rises and hiring, but almost half intend to increase the prices they charge customers as they seek to manage rapidly …

ANKARA – President Tayyip Erdogan repeated his unorthodox economic policy on Saturday, saying interest rates would be lowered further and inflation would fall as a result, days before inflation data …

By Lucia Mutikani WASHINGTON – U.S. consumer spending fell in December, suggesting the economy lost speed heading into the new year amid snarled supply chains and raging COVID-19 infections, while …

A key inflation gauge reached its highest level since 1983, the Commerce Department reported Friday. The core Personal Consumption Expenditures (PCE) price index, which excludes food and energy prices, grew …

By Jonnelle Marte – Domestic monetary policy actions may do little to tame some of the inflation being driven by global supply chain pressures, researchers for the New York Federal …

By Andy Bruce LONDON – Britain’s rich and poor alike are experiencing surges in inflation, official data showed on Friday, although soaring food and energy prices mean low-income households stand …

KYIV – The International Monetary Fund backs the Ukrainian central bank’s monetary policy and the need to lower inflation expectations, the IMF representative in Ukraine Vahram Stepanyan told an online …

By Ana Isabel Martinez MEXICO CITY – Miguel Alejo does not know how inflation is measured or what makes a recession. But at the Mexico City food market where he …

LONDON -The British public’s expectations for inflation in 12 months’ time jumped to a record high in January, according to a monthly survey that will bolster the Bank of England’s …

PARIS – French consumer confidence dipped in January, an official statistics survey showed, as concerns over inflation weighed on the euro zone’s second biggest economy. Consumer confidence slipped to 99 …

By Andrea Shalal and David Lawder WASHINGTON – An escalated conflict between Russia and Ukraine would likely further increase energy costs and commodities prices for many countries, keeping headline inflation …