Ahead of the December meeting, one economist argued the Federal Reserve's "dangerously high" interest rate hikes are transitory, and that the Fed will make cuts in the first quarter of next year. On ...

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...

Deflation is an economic phenomenon characterized by a general decline in prices for goods and services. Unlike inflation, ...

Deflation could become a headwind for stocks, Morgan Stanley's Mike Wilson warned. That's because falling prices takes away firms' pricing power, which hurts earnings. "[T]his is a slippery slope for ...

After encountering rapid price increases for more than two years, discounts at some stores would certainly feel like a much-needed respite. But business leaders, economists and investment moguls ...

Japan may be at an inflection point in its 25-year battle with deflation as price and wage rises show signs of broadening, the government said on Tuesday, signaling its conviction the economy was ...

Hugh Hendry says the world is brimming with risks right now, from Chinese deflation, to the strength of the US dollar, to unrealized losses in US Treasuries held by the bank. In the new episode of the ...

After a historic run-up in inflation, Americans are now starting to see something they haven’t in three years: deflation. To be sure, deflation—that is, falling prices—is largely confined to ...

BEIJING (AP) — When he bought an apartment near a good high school in northeast Beijing in 2020, Zhou Fujin expected that renting it out would cover most of his mortgage. But the apartment's value and ...

China's economic woes continue to mount, as CPI figures released Wednesday showing 0.3% deflation. Pork prices are a significant driver of the consumer price index, and have fallen 26% year-on-year.

TOKYO—The Japanese economy hasn’t completely overcome deflation yet, although there are some positive developments such as wage growth and increasing capital spending, Finance Minister Shunichi Suzuki ...