US inflation cools faster than expected as June CPI rises 3.5% year‑on‑year U.S. consumer prices in June rose 3.5% year‑on‑year, easing more than economists anticipated and signaling a renewed slowdown …
Inflation
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Business
German inflation drops to 2.3% in June after fuel rebate, oil slide
by Leo Müllerby Leo MüllerGerman inflation slows to 2.3% in June 2026 as oil prices and fuel discount ease pressure German inflation eased to 2.3% year-on-year in June 2026, helped by lower oil prices …
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World
Iran inflation hits 88.6% in June as war-linked food prices double
by anna walterby anna walterIran inflation surges to 88.6% in June as food costs more than double Iran inflation spikes to 88.6% year-on-year in June, with food prices more than doubling and staples like …
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Business
GfK Consumer Climate Rises to -29.2 in July as Inflation Worries Ease
by Leo Müllerby Leo MüllerGerman consumer sentiment edges up to -29.2 as GfK and NIM report slight improvement German consumer sentiment edges to -29.2 in GfK/NIM July barometer; incomes tick up as oil prices …
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Business
Federal Reserve pauses rates and raises 2026 inflation forecast to 3.6 percent
by Leo Müllerby Leo MüllerFederal Reserve Keeps Interest Rate at 3.5–3.75% as Chair Kevin Warsh Announces Reforms Federal Reserve holds policy rate at 3.5–3.75% in a unanimous pause; Chair Kevin Warsh unveils reforms, raises …
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Business
Ifo Institute Proposes Cutting Parental Allowance and Indexing Pensions to Inflation
by Leo Müllerby Leo MüllerIfo Institute Proposes Elterngeld Income Cap Cut to €50,000 in Budget-Saving Study Ifo Institute report recommends lowering the Elterngeld taxable-income cap to €50,000, tying pensions to inflation and cutting subsidies …
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Tankrabatt Helps Cool Germany’s Inflation to 2.6% in May Germany’s Tankrabatt eased inflation to 2.6% year-on-year in May, according to the Federal Statistical Office, as lower pump prices helped moderate …
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Politics
Eurozone inflation climbs to 3.2 percent, presses ECB toward June 11 rate hike
by Hans Ottoby Hans OttoEurozone inflation rises to 3.2% as energy and geopolitical shocks push prices higher Eurozone inflation rises to 3.2% as Middle East tensions and energy policy shifts tighten prices; ECB faces …
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Business
Inflation in Germany drops to 2.6 percent in May, fuel costs up
by Leo Müllerby Leo MüllerGerman inflation eases to 2.6% in May, Destatis reports German inflation slowed to 2.6% year-on-year in May, down from 2.9% in April, according to a first estimate from the Federal …
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Business
US economy weakens as inflation nears 4 percent and savings fall
by Leo Müllerby Leo MüllerU.S. economy shows strains as inflation nears 4% while corporate investment holds U.S. economy shows inflation near 4%, a plunging personal saving rate and Q1 GDP revision, while firm corporate …