New data showed inflation outpaced wage growth for the second consecutive month in May. Three major sectors still have higher ...

By Jan Strupczewski BRUSSELS, June 11 (Reuters) - The International Monetary Fund cut its growth forecast for the euro zone ...

The new CPI report showed inflation in May climbed to the highest rate in about three years.

The European Central Bank raised interest rates for the first time since 2023. It expects inflation to run hotter than ...

Consumers and U.S. workers are feeling the pinch of a wage growth rate that lags behind the rate of inflation.

For the first time in three years, inflation is once again outpacing wage growth in the United States. Consumer prices rose 3 ...

The inflation story just got another plot twist. Fresh data from the U.S. Bureau of Labor Statistics showed May producer ...

With every new bit of economic data, the Federal Reserve's mission to keep inflation low and employment high at the same time ...

The European Central Bank raised interest rates for the first time in nearly ​three years on Thursday in the hope of curbing ...

The World Bank lowered its growth outlook from earlier this year, projecting output to slow to 2.5 percent in 2026 from the 2 ...

The World Bank cut its global growth forecast for 2026 to 2.5%, the slowest pace since the Covid-19 pandemic.

The European Central Bank became the first central bank to raise interest rates over inflation brought by the war with Iran. The bank announced on Thursday that it was raising three key ECB interest ...