UK wages are rising at a record pace. That makes higher interest rates more likelyWages in the U.K. are rising at a record high rate amid stubbornly high inflation.
Fed's Cook says more rate hikes needed to combat inflationFederal Reserve Governor Lisa Cook says more interest rate increases will be necessary to wrestle inflation under control.
Local economist weighs in on new inflation billAfter hours of debate, senate Democrats narrowly passed a new bill to combat inflation, climate change and extend health care coverage.
Congressional Budget Office says inflation to last into 2023The Congressional Budget Office says that high inflation will persist into next year.
Inflation is painfully high, but some relief may be comingInflation is painfully high, but this hopefully is close to as bad as it gets.