The Federal Reserve’s favored inflation gauge was worse than what Wall Street forecast in January, according to federal data released Friday, as the Iran war—boosting energy prices and fears of rising inflation—has shelved hopes of an interest rate cut from the central bank.

With rising inflation, it's more important than ever to choose the right savings account to stay ahead. Here are the best options.

Analyze how Federal Reserve interest rates and market volatility affect the US online gaming industry. Learn about consumer trends and corporate strategy in 2026.

The decision will be announced at 2:30pm (AEDT), and RBA Governor Michele Bullock will address the media to explain the bank's decision an hour later. READ MORE: Farmer urges commuters to stop driving to work to ease fuel crisis  READ MORE: Max scrambled to buy his first home before the cash rate became a big problem READ MORE: 'We're already cutting back': Anxiety ahead of today's interest rate hike Despite all that,

OTTAWA — Inflation was showing signs of easing in February but economists warn price relief will be short lived as the war in the Middle East fuels surging energy costs.

Want to buy a home or refinance your current one in today's market? These are the mortgage interest rates to know.

LONDON (AP) — Inflation in the U.K. fell to a 10-month low largely on the back of lower food and gas prices, official figures showed Wednesday, a downward move that has reinforced expectations that the Bank of England will cut interest rates in March.

When Britain was last hit by a major energy shock after Russia invaded Ukraine in 2022, the Bank of England cranked up interest rates to chase down spiraling inflation. This time is different.