Consumer spending is expected to accelerate this year, supported by easing inflation which will allow the central bank to ...

South Africa’s inflation-targeting framework has served the country well, playing a key role in reducing inflation since 2000. However, with inflation still above that of key trading partners, ...

Central banks conduct monetary policy to achieve price stability, but decisions also have effects on labor-market outcomes. In this paper, we identify exogenous monetary shocks with the ‘interest rate ...

Wall Street was slammed again Friday as worries built about a potentially toxic mix of worsening inflation and a U.S. economy ...

The S&P 500 index dropped 2 percent as investors weighed hotter-than-expected inflation data and braced for President Trump’s next round of tariffs.

The Federal Reserve’s preferred inflation measure showed underlying price pressures persisting in February, as ...

In a press conference following the Federal Reserve's decision to hold interest rates steady on Wednesday, Fed Chair Jerome Powell stated that inflation progress may be delayed as the central bank ...

JOHANNESBURG - All eyes are on the Reserve Bank’s Monetary Policy Committee (MPC) this week as it mulls its next move on policy rates. The central bank’s MPC is expected to announce changes to ...

WASHINGTON — The Federal Reserve kept its benchmark interest rate unchanged March 19 and signaled that it still expects to cut borrowing costs twice this year even as it sees inflation staying ...

Personal and small business cards issued by U.S. Bank are currently not available on CNBC Select and links have been redirected to our credit card marketplace where you can review offers from ...

With close to a decade of writing and editing experience, Maisha specializes in service journalism and has produced work in the lifestyle, financial services, real estate, and culture spaces.

Inflation in the United States (US), as measured by the change in the Consumer Price Index (CPI), declined to 2.8% on a yearly basis in February from 3% in January, the US Bureau of Labor ...