Inflation just jumped to its highest point since April 2023. Here's what that may mean for mortgage interest rates.

Inflation rose 4.2 percent in May, the highest since 2023, keeping prices above the Fed’s target and increasing the odds of a rate hike later this year.

Federal Reserve Chairman Kevin Warsh enters his first policy meeting this week facing a difficult backdrop: inflation is accelerating, bond markets are signaling higher interest rates and political pressure from the White House is pulling in the opposite direction,

The president suggested the recent numbers mean there will be a bigger decline in inflation once the war in Iran is over.

The President’s remark comes as the inflation rate last month hit a three-year high.

Forget rate cuts. They aren't coming anytime soon. Instead, the probability of rate hikes is rising, based on Fed funds futures prices. You can blame it in large part on persisten

The Federal Reserve is in a difficult position amid the ongoing war with Iran.

Discover how relative purchasing power parity (RPPP) connects inflation differences to exchange rates, influencing trade dynamics and economic conditions globally.

The European Central Bank raised interest rates for the first time in nearly ​three years on Thursday in the hope of curbing inflation before a surge in energy costs triggered by the Iran war spreads more ‌broadly across the euro zone economy.

The European Central Bank raised interest rates for the first time since 2023. It expects inflation to run hotter than previously thought, and downgraded its forecast for economic growth.

Inflation hit its highest level in three years last month, according to fresh data released this week — but new Federal Reserve Chair Kevin Warsh wants the central bank to focus on different measures.