The Personal Consumption Expenditures, the Federal Reserve's preferred inflation gauge, ticked higher in June.

Explore how floating exchange rates work, their pros and cons, and how Turkey implements this system. Learn how currency ...

The Head of Africa Economic Research at Standard Bank, Qureishi Jibran, is calling on the Bank of Ghana (BoG) to modernise ...

The problem with this analysis is that when the central bank is doing a good job of keeping inflation close to the 2 per cent target – as it has largely done since 1995 – future inflation is ...

Despite disappointment in the performance of many central banks, let’s not lose sight of key lessons. First, inflation stinks, inflicting most harm on those who can afford it least. Second, central ...

Inflation data has long signaled Fed policy changes because of a dual mandate that includes price stability. But now, critics argue the central bank may be too tied to the 2% target.

Bank of Canada governor Tiff Macklem says he is pleased that inflation has fallen to two per cent, but the central bank now has to "stick the landing" and keep price growth centred around the target.

The decision to focus on inflation was renewed earlier this month. While the Bank aims for an inflation rate of about 2%, Carney said the ideal rate would be closer to zero, or even below. But ...

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. The ...

“Inflation occurs when prices of a range of goods and services rise on average. It means that money’s buying power is ...

European Union inflation was 2% in July, according to a new flash estimate from the bloc, stable month-on-month and hitting the central bank's target. Food, alcohol and tobacco had the highest rate of ...

Target is considered a store for higher-income shoppers than say Walmart, for example, so in the wake of inflation, many shoppers switched from Target to Walmart for their needs. “Amid high ...