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Fed Governor Bowman says additional rate hike could be needed if...

Federal Reserve Governor Michelle Bowman attends a "Fed Listens" event at the Federal Reserve's headquarters in Washington, DC on October 4, 2019. Eric...

Turkey’s inflation climbs to 68.5% despite continued rate hikes

A money changer holds Turkish lira and U.S. dollar banknotes at an exchange office in Ankara, Turkey, December 16, 2021.Cagla Gurdogan | ...

Fed Chair Powell Wants Inflation to Cool More

Federal Reserve Chairman Jerome H. Powell reiterated Wednesday that the central bank can take its time before cutting interest rates as inflation eases...

Fed’s Powell emphasizes need for more evidence that inflation is easing...

U.S. Federal Reserve Chairman Jerome Powell during a Fed Listens event in Washington, DC, U.S., on Friday, March 22, 2024. Three central bank...

Inflation Cools in Eurozone, Nearing Central Bank’s Target

The annual inflation rate fell for the third month in a row in most European economies, moving closer to the target set by...

Euro zone inflation March 2024

Two women hold an umbrella while sitting at an outdoor table of a cafe on April 1, 2024 in Rome, Italy. Emanuele Cremaschi...

Nigeria’s central bank hikes interest rate to 24.75% as it battles...

A pedestrian in the Lagos Island district of Lagos, Nigeria, on Monday, November 14, 2022.Bloomberg | Bloomberg | Getty ImagesNigeria's central...

Fed’s Key Inflation Gauge Climbed 2.5% Annually in February

The latest reading of the Federal Reserve's most popular inflation gauge was in line with economists' expectations, as price increases remained above the...

Watch CNBC’s live coverage of Friday’s key inflation data

The Commerce Department will release on Friday the February reading for the consumer spending price index, which the Federal Reserve considers its main...

Key Fed inflation gauge rose 2.8% annually as expected

Inflation rose as expected in February, likely putting the Federal Reserve on hold before it can consider cutting interest rates, according to a...

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