Global shares have retreated in thin trading as the year draws to a close. Tokyo's benchmark Nikkei 225 index ended 1% lower.

Asian shares are mixed after stocks fell broadly on Friday as Wall Street closed out a holiday-shortened week on a down note.

U.S. inflation has bubbled up in the past few months, in a worrisome sign, but that bubble could pop by next spring. The recent rise in inflation has come as a nasty surprise, to be sure.

Now that pollsters are declaring President Joe Biden a “failure,” historians will reckon with too many economic signals ...

“How Does the Federal Reserve Affect Inflation and Employment?” The New York Times. “Yes, There Is a Trade-Off Between Inflation and Unemployment.” U.S. Bureau of Labor Statistics.

"Despite the economic meltdown, Sri Lanka was able to control its inflation. But it has become difficult to address in Bangladesh despite numerous efforts," said Rahman, the acting chairman of the ...

Tens of billions of dollars have been wiped off the local share market as investors fret about the direction of inflation and interest ... goldilocks economic conditions particularly in the ...

"What I hear more than you would think is, don't get one-tenth off inflation and break the economy," she said. "I don’t want to see a rise in the unemployment rate just to get a quarter (three ...

By Jeanna Smialek Federal Reserve officials are closely watching how inflation shapes up as they ... Fed officials released economic projections this week that forecast just two rate cuts in ...

"What's driving the slower rate-cut path is stronger economic growth and lower unemployment." "Also driving the slower rate-cutting path is higher inflation this year and next year." "Also closer ...

While the labor market has softened, the Fed noted progress on getting inflation down to its 2% goal but acknowledged it remains “elevated.” It raised its outlook for economic growth upward to ...