US core inflation rose slightly above forecasts in May, but declines in personal income and spending point to weakening ...

The US Federal Reserve’s (Fed) preferred inflation measure logged a mild uptick on Friday while spending weakened, triggering ...

U.S. consumer spending unexpectedly fell in May as the boost from the pre-emptive buying of goods like motor vehicles ahead ...

The U.S. Bureau of Economic Analysis announced Friday that core inflation jumped higher than expected last month.

Prices rose 2.3 percent in May compared with a year ago, up from just 2.1 percent in April, the Commerce Department said.

The Bank of England previously said it expects inflation to peak at 3.7% between July and September before dropping back to ...

A key inflation gauge moved higher in May in the latest sign that prices remain stubbornly elevated while Americans also cut back on their spending last month. Prices rose 2.3% in May compared with a ...

Richard Carter, head of fixed interest research at Quilter, said: “Core inflation—which strips out energy and food—now stands ...

Persistently high inflation and a base rate of 4.25 per cent is leaving many households concerned about their finances ...

TOKYO: The Bank of Japan may take a long pause before raising interest rates again, but it has still left scope for action ...