Social Security 2027 cost-of-living adjustment forecast may rise with high oil prices

The Social Security cost-of-living adjustment for 2027 may be 1.7% to 2.8%, according to new estimates. But that could ...

Inflation held steady in February before Iran war drove up gas prices

The inflation data captures the period before the Iran war broke out. Since then, oil prices have surged, driving inflation fears.

Goldman Sachs Revises Fed Rate Cut Forecast to September as Iran War Threatens Inflation

Wall Street giant Goldman Sachs has revised its forecast on when the U.S. Federal Reserve will make the first rate cut this year. This delay in their forecast for the first Fed rate cut this year ...

Consumer Price Index: Inflation At 2.4% In February, As Expected

Inflation held steady in February as the headline figure for the Consumer Price Index remained at 2.4% year-over-year.

Boiling crude pushed inflation forecast up to 4.5% for FY 27

Inflation forecast for FY27 rises to 4.5% due to crude price spikes amid Middle East tensions, impacting consumer prices.

Argentina inflation holds steady in February, above forecast

BUENOS AIRES, March 12 (Reuters) - Argentina's monthly inflation rate was 2.9% in February, stable from the level registered ...

Fourth-quarter GDP revised down to just 0.7% growth; January core inflation was 3.1%

The PCE price index for January was expected to show headline inflation at 2.9% and core at 3.1%.

Brazil sees slightly higher inflation this year after oil shock

BRASILIA, March 13 (Reuters) - Brazil's Finance Ministry slightly raised its inflation forecast for this year after factoring ...
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Barclays expects Fed to push back rate cuts on inflation worries

Barclays on Friday joined Goldman Sachs in delaying its forecast for the U.S. Federal Reserve's first interest rate cut this year to ​September from June, citing heightened risks to inflation ‌from ...