Policymakers cling to a 1970s consumer-price index formula that overstates cost increases and drives up automatic spending.

The average interest rate on a 30-year, fixed-rate mortgage rose to 6.08% APR, according to rates provided to NerdWallet by Zillow. This is 16 basis points higher than yesterday and nine basis points ...

Despite promises to the contrary, Rachel Reeves may hike income tax at the Budget. How much money would it make the Treasury ...

The current average mortgage rate on a 30-year fixed mortgage is 6.15%, the same as a week earlier, according to the Mortgage ...

The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth ...

It depends on what metric you use. The most basic overall measure of inflation is steady, or even up a little bit, depending on the time frame. But an inflation measure that excludes volatile food and ...

Consumers expect inflation to get worse, according to surveys, but many economists and Fed officials are optimistic that it will ease. A relatively tame inflation report in September gave ammunition ...

Thirty-year mortgage rates fell to a one-year low today. The current average mortgage rate on a 30-year fixed mortgage is ...

PARENTS on benefits are set for a 3.8% payment rise from April, giving extra help with the rising cost of raising children.

Many benefit claimants will be hoping to see their payment rates increase next year, after the CPI figures for September - traditionally the ...

Inflation compounds over time and backward movement can cause more harm than good, but moving cash to high-yield accounts and ...

The average interest rate on a 30-year, fixed-rate mortgage rose to 6.09% APR, according to rates provided to NerdWallet by Zillow. This is 10 basis points higher than yesterday and five basis points ...