CPI inflation rose more than expected in the last reading, to 3.6 per cent in June. The MPC now thinks price growth will peak at 4 per cent in September, driven higher by food prices.

This is the first time since the Covid-19 pandemic that the country’s retail inflation has fallen below the RBI’s tolerance band.

Richmond Fed President Tom Barkin said on Tuesday that strong consumer spending might be cushioning the impact of tariffs on ...

Even as traders increase their bets that the Federal Reserve will resume cutting rates in September, Kansas City Fed President Jeffrey said on Tuesday he's maintaining a "patient approach" to monetary ...

US President Donald Trump attacked the Federal Reserve Chair Jerome Powell on his social network, saying that he is “too late ...