Mumbai: The Economic Survey has suggested that food inflation should be tackled through non-monetary measures, emphasizing the importance of supply-side interventions and fiscal policies.

The Federal Reserve's preferred inflation gauge showed prices rose as expected in December, and it remains above the central bank's target level amid its ongoing efforts to wrestle down inflation.

The Consumer Price Index report for January is expected to show broadly unchanged annual inflation compared to December, according to nowcasts. The CPI release is scheduled for February 12.

The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well as food. However, a closely watched measurement of underlying ...

WASHINGTON – The Federal Reserve paused its interest rate cutting campaign Wednesday and gave no signal it plans to lower rates again in the near term amid uncertainty spawned by inflation and P ...

US inflation increased by the most in eight months in December amid a surge in consumer spending, suggesting the Federal Reserve would probably be in no hurry to resume cutting interest rates soon.

This is apropos an op-ed titled “Will wage growth revival feed inflation ... doesn’t add to the confidence of gas-reliant and non-gas-reliant employers alike.

Associated Press) Shares of Vertex Pharmaceuticals gained about 6% Friday morning, after the pharmaceutical company won U.S. approval for the first new non-opioid painkiller in decades.

The Fed also appeared to toughen its assessment of inflation, saying that it “remains somewhat elevated.” Both a healthier job market and more stubborn inflation typically would imply fewer ...

with core inflation (non-food and non-energy) declining from 18.2 percent in December 2023 to 8.1 percent in December 2024 or a decline of 10 percent that mirrors the reduction in the policy rate ...

Inflation in December was its highest since the summer, according to data released Wednesday morning, a sign of the lingering presence of higher prices for consumers, though economists did predict ...