The annual rate of headline inflation fell to 2.7 per cent in August, down from 3.5 per cent in July. The Australian share market closed lower after Wall Street hit new record highs overnight.

As inflation cools and the Federal Reserve cuts rates, an era of economic upheaval is coming to a close, but not without lingering marks. By Jeanna Smialek Jeanna Smialek is an economics ...

Inflation is consistently a top issue ahead of the 2024 presidential election — in CBS News' polling in mid-August, 76% of registered voters said it was a major factor in their choice for ...

LONDON, Sept 18 (Reuters) - British inflation held steady in August but sped up in the services sector which is closely watched by the Bank of England, data showed on Wednesday, adding to bets ...

Inflation held steady at 2.2% in the year to August, despite a jump in the cost of flights. The rise in air fares was offset by lower fuel prices and prices in restaurants increasing more slowly ...

In August, the key measures of annual underlying inflation rebounded, while headline inflation was flat. Both headline and services inflation still undershot the BoE’s most recent forecasts ...

Consumer inflation has dipped below the SA Reserve Bank's key target of 4.5%, cooling to 4.4% in August from 4.6% in July. This should seal the deal for an interest rate cut on Thursday. Over the past ...

Consumer inflation has slowed for a third consecutive month and moved down to 4.4% in August from 4.6% in July. This could be great news for consumers who are expecting an interest rate cut in ...

Canada's inflation rate decreased to two per cent in August, Statistics Canada reported on Tuesday, finally hitting the Bank of Canada's target in its long campaign to cool price growth.

1:54 Inflation finally hits Bank of Canada’s 2% target Annual inflation cooled sharply to two per cent in August, according to Statistics Canada, marking a major milestone in the Bank of Canada ...

And the ripple-effect of inflation is that it impacts not just global corporations, but also small businesses, families, and individuals all over the world – from rural Scotland to urban New ...

We apologize, but this video has failed to load. Senior economist Andrew Grantham said that with the inflation target achieved, policymakers should be focusing on cutting interest rates to stimulate ...