Most Americans feel their bank accounts aren’t keeping up with inflation, a new survey finds, fresh evidence that savers who seek high interest rates may not be looking hard enough. In a survey fielded by the personal finance site WalletHub,

President-elect Donald Trump on Monday will sign a memorandum aimed at fighting inflation after he takes office that calls for an "all of government" response to bring down costs for Americans, an incoming White House official said.

Better bank earnings and inflation readings sent bond and stock prices higher. Earnings and politics will likely have the most significant impact on markets this week.

Inflation is causing rates to rise, and rising interest rates are the predominant problem facing markets in early 2025. Read more

BlackRock Inc. Chief Executive Officer Larry Fink said investors are too quick to conclude that high inflation is over, raising the prospect that bond yields will rise along with steeper prices.

“Today, I will sign a series of historic executive orders. With these actions, we will begin the complete restoration of America, and the revolution of common sense,” said Trump, who at midday Monday became only the second U.S. president to serve nonconsecutive terms, after Grover Cleveland in the late 1800s.

Survey finds tariffs, tax cuts and immigration policy could weigh on price outlook for next two years.

European Central Bank interest rates will keep falling as policymakers are confident that inflation will stabilise at the bank's 2% target, Finnish central bank chief Olli Rehn said on Wednesday. "We are now confident that inflation will stabilise at the target as predicted and monetary policy will stop being restrictive in the near future,

The consumer price index (CPI) rose 2.9 percent year-over-year in December, the largest annual increase since July. When stripping out the more volatile food and energy sectors, core inflation slowed to 3.2 percent, from 3.3 percent.

Mortgage rates have experienced fluctuations over the last few months, with a general upward trend in recent weeks. As of January 15, 2025, the average 30-year fixed-rate mortgage stands at 7.01%, reflecting a slight increase from earlier this year — and from the rates we saw in late 2024.

SINGAPORE - Singapore’s core inflation extended its decline in December 2024 as the costs of services moderated, though the gauge came in above analysts’ expectations.

SINGAPORE: Singapore's core inflation fell to 1.8 per cent year-on-year in December from 1.9 per cent in November.  The drop was due to a moderation in services inflatio