The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts. That may be broadly good news for the Fed.

Key Takeaways Inflation likely accelerated in December, putting pressure on the Federal Reserve to keep interest rates relatively high.According to the median forecast, consumer prices likely rose 2.6% in December over the year,

Knowing when to switch bank accounts can be stressful, especially as inflation rises. Find out how to know it's time to switch.

Zimbabwe's inflation rate rose sharply in January in both U.S. dollar and local currency terms, spurred by food and housing prices. In dollar terms inflation accelerated to 14.6% year on year after rising by 2.

Inflation was a driving force behind Donald Trump's election victory, but he's put the issue on the back burner during his first week in office.

Investors are snapping up crude oil futures as a hedge against the risk that U.S. President Donald Trump's threatened trade tariffs will cause a resurgence in global inflation, adding momentum to a recent rally in oil prices sparked by a tightening of sanctions on Russia.

Rising food and housing costs have hit the lowest-income Americans the hardest in recent years.

The new inflation figures published on Wednesday may be decisive for the Reserve Bank as it weighs a February interest rate cut. The outcome for the December quarter is the last substantial economic update before the rate meeting on February 18, one of only two before the May deadline for a federal election.

Economists and analysts aren’t convinced that an expansion of oil and gas production will lower consumer prices.

South Africa's statistics agency has updated its consumer inflation basket for the first time since 2022, including items like rosé wine, air fryers and streaming services to reflect changes in spending habits.

Trump has promised to cut regulations, impose sweeping tariffs, overhaul energy policy and lower interest rates. But not all of those measures will bring down inflation.

Better bank earnings and inflation readings sent bond and stock prices higher. Earnings and politics will likely have the most significant impact on markets this week.