The Reserve Bank of Australia (RBA) opted to hold its cash rate steady at 3.85% during its July meeting, defying market forecasts for a 25bps cut. Minutes released today from the RBA's deliberations ...

The July inflation reading is down significantly from the 9.1% pandemic-era peak in mid-2022, which was the highest level since 1981. It's also nearing policymakers' long-term target , around 2%.

US consumer sentiment rose to a five-month high in early July as expectations about the economy and inflation continued to ...

A rally that has taken U.S. stocks to record highs will be tested in the coming week by the kick-off of corporate earnings ...

US inflation reaches a 3-year low as Federal Reserve ... New Jersey, July 11, 2024. (AP Photo/Eduardo Munoz Alvarez ... which typically provide a better read of future inflation trends.

Gold prices increased in the domestic futures market on July 16, influenced by positive global trends and a weaker US dollar.

Excluding food and energy, the CPI gained 0.2% in July, matching the rise in June. Underlying inflation was curbed by a 0.3% drop in core goods prices, which followed a 0.1% dip in June.

Inflation peaked two years ago at 9.1 percent, the highest level in four decades. Excluding volatile food and energy costs, so-called core prices climbed a mild 0.2 percent from June to July ...

US inflation has slowed steadily from its four-decade peak last June, and it’s expected to cool further thanks to easing car prices and rents. And if the US job market slows further, that could ...