The looming VAT hike, designed to bolster government revenue, raises questions on how it might influence day-to-day consumer spending and, ultimately, inflation rates. This comes as the annual ...

Christopher J. Waller argued that the effect of tariffs on prices could be short-lived, but he warned about a bigger hit to ...

If the goal was wasting billions of dollars expanding government control over energy, transportation, and industry, it’s doing exactly what it was designed to do.

Officials at the Federal Reserve said this week that the U.S. economy is in for higher inflation and slower growth as ...

Grocery prices in particular skyrocketed in the summer of 2022. And though the rate of inflation has largely slowed down since, American shoppers are still feeling the effects. As of March, prices for ...

The producer price index — which tracks inflation before it hits consumers — fell ... will arrive in mid-May, a week after ...

Inflation cooled in March, but economists expect prices to reaccelerate as some of President Trump's tariffs kick in.

Yet economists warned that the data is mostly backward-looking and likely to be overtaken by the impact of the tariffs that ...

The rating agency in a report said the monetary policy committee will go for another 25-basis-point reduction ... repo rate by 25 basis points from 6.5 per cent to 6.25 per cent, in what was the first ...

The cost of goods and services is certain to rise over time, making it essential to have a financial plan that will help you ...

President Donald Trump reiterated calls for Fed rate cuts, saying there is no inflation. "Oil prices are down, interest rates are down (the slow moving Fed should cut rates!), food prices are down ...