The root of the problem of higher prices, whether in the housing or food sector, is the imbalance in demand and supply.

The Bank of England on Thursday held interest rates steady, saying it most work to reach its goal of 2% inflation in a ...

They were not, though, in a panic or worried about an imminent recession. Instead, they were thinking that the old interest ...

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

Inflation is a top issue for voters heading into 2024 presidential election. Here's what we know about Harris and Trump's ...

Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting inflation back to its 2% ...

U.S. Federal Reserve Governor Christopher Waller, one of the more ardent voices in the central bank's battle to hike interest ...

Economists told CBS News the calculation is incomplete, since average household incomes have also risen over that time period ...

Federal Reserve Governor Michelle Bowman said on Friday she dissented over the U.S. central bank's half-percentage-point ...

We’re at a point where the economy is strong, inflation is coming down, and we want to keep it that way,” Waller said during ...

Outnumbered’ co-hosts react to a Trump supporter’s response to questions from a CNN reporter on inflation as the economy ...

Fed governor Michelle Bowman issued a statement Friday explaining her dissent to this week's jumbo rate cut, saying she ...