The move comes in line with expectations from CNBC's survey, where an overwhelming majority of economists predicted a hike.

Trump will probably seek to ease inflation and lower prices by drilling for more oil, loosening regulations, reducing federal ...

Mexico's annual inflation rate slowed to its lowest level in almost four years in the first half of January, official data ...

For a start, firms usually pass on tariffs by raising prices. During Mr Trump’s last sortie against Chinese manufacturing in ...

Nigeria's central bank expects the economy to expand by 4.17% this year, Governor Olayemi Cardoso said on Thursday, driven by ...

Canadian inflation cooled to 1.8% in December, but with the threat of US tariffs on the horizon, are more BoC rate cuts ahead ...

The Bank of Japan raised its key interest rate to about 0.5% from 0.25% Friday, noting that inflation is holding at a desirable target level. The decision by the central bank came at the end of a ...

The memo signified Trump’s effort to swiftly address a historic post-pandemic spike in consumer prices. Inflation is a chief reason Americans said they disapproved of former President Joe Biden and ...

Corporate earnings are coming in strong. Investors are also seeing the Trump administration take a less aggressive approach to tariffs than some had expected.

Asian shares have advanced after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate.

Treasury yield surpasses 5%, it could "shock" the stock market and "force a re-valuation," BlackRock's Larry Fink said.