The 'inflation' that matters most in Indonesia today is not found in commentary or critique. It is found in hospital bills, school fees, rent payments, and grocery receipts.

President Trump has signaled that he’s ready for a long war, but time isn’t necessarily on Washington’s side.

This week we examine the launch of a ‘major combat operation’ by the United States and Israel against Iran, the outbreak of all-out war between Pakistan and Afghanistan, China’s latest effort to turn the economic screws on Japan, Iceland looking to move up its referendum on EU membership, a hotter-than-expected inflation report in the United States, and Ukraine’s low-tech approach to shoring up drone defenses.

Minor though tenacious pockets of inflation risk an enduring political headache for the second Trump administration.

Hopes of a swift return to the low-rate environment of recent history are being dashed by the Red Sea shipping crisis.

A stronger-than-expected US inflation report is giving new impetus to the rallying US dollar. Here are some of the winners and losers.

Inflation’s upside surprise will postpone interest rate cuts and increase pressure on indebted US consumers.

Tempting though it may be, hastily cutting interest rates carries risks. The Fed must tread carefully in deciding its next inflection point.

Persistent inflationary pressure on wages and food prices was enough to delay the ECB’s pivot toward monetary easing, despite a euro zone economy that continues to languish.

The Fed is increasingly pinched between achieving price stability or stabilizing the financial system.

January CPI data suggests that the Fed’s inflation fight isn’t quite over yet.

Though the fight against inflation remains undecided, it’s increasingly clear that the Bank of Canada is losing the public relations battle.

The latest US inflation numbers suggest that the high-rate environment will be anything but fleeting.

Expect the Fed’s recent 75-basis-point hike to reverberate in central banks around the world, with particularly high stakes for emerging markets.

It’s a price reckoning that European consumers are already all too familiar with, and now US consumers are starting to feel the pain of high natural gas prices.

The latest data suggests that price increases have yet to peak in Europe.

Tariffs are questionable economic policy, but their role in inflation is minimal.

The result heaps further pressure on the Fed to move up the schedule of its rate normalization.

As prices surge across the bloc, will the ECB budge on its dovish projections?

Weather, supply chain shortages, and geopolitics are combining to drive up prices for major agricultural exports around the world.