Inflation sat at 1.7% in February 2021, just before Biden’s stimulus bill. By mid-2021, as the global supply chain reeled, inflation topped 5% for the first time in more than a decade.

This paper investigates the relationship between energy prices and inflation dynamics in the context of the global inflation surge during the COVID-19 pandemic. Using a comprehensive sector-level ...

The measure, regarded as a better indicator of underlying inflation, is seen accelerating on an annual basis for the first time since January. to 2.9%. While Tuesday’s report is likely to show ...

The annual rate of inflation in the eurozone edged closer to the European Central Bank’s target last month as the currency area’s unemployment rate fell to a fresh record low.

Inflation in the eurozone fell below the European Central Bank’s target in May, a big step on the way to becoming the first major central bank to secure victory over the spiraling inflation that ...

Stocks surged on Thursday, extending momentum from the previous session when data showed an easing in core U.S. inflation that raised expectations for Federal Reserve cuts and sent global bond ...

For the past year, Brent crude, the global benchmark, has been trading well below the $96-a-barrel level the I.M.F. believes Saudi Arabia needs to balance its budget.

However, Ilia Bouchouev, former president of hedge fund Koch Global Partners and author of Virtual Barrels: Quantitative Trading in the Oil Market, said inflation hedging can be a "vicious circle".