also slowed to a 2.9 percent annual increase in July, down from 3 percent in June. The latest inflation reading comes as the Federal Reserve gears up for long-awaited interest rate cuts ...

Consumer prices rose 0.2 percent in July following two straight months of flat or declining prices, the Labor Department reported Wednesday. The consumer price index (CPI) also slowed to a 2.9 ...

Inflation in the US, as measured by the CPI, is expected to increase at an annual rate of 2.6% in August, down from the 2.9% ...

Italian lender UniCredit has bought a 9 per cent stake in its German rival Commerzbank and is taking regulatory steps to ...

Germany registered an annual rate of inflation of 2.0 percent in August, down from 2.6 percent in July, the EU's ...

Equity markets were mixed Wednesday as worries about the world's top two economies offset US rate cut optimism, while the yen ...

Specifically, inflation fell to 1.1 percent in August from 1.3 percent in July ... The national consumer price index (CPI), which is used to calculate annual inflation, therefore remains at ...

Inflation eased to new three-year lows, teeing up the Fed to begin gradually reducing interest rates at a meeting next week.