Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. While home prices are still rising across the country, adding to the struggles faced by aspiring homeowners bogged down by high mortgage rates and growing uncertainty, they are now doing so at the slowest pace in years, according to the latest data. Home prices inched up 0.2 percent in March from February, real estate brokerage Redfin found, the slowest pace since December 2022. The U.S. is in the midst of a housing...

SINGAPORE--Singapore's consumer inflation held steady in March from a year earlier, in line with the central bank's view that price pressures will cool this year. The consumer-price index rose 0.9% on year last month, the Department of Statistics said Wednesday. That compared with February's 0.9% expansion and the median estimate for a rise of 1.1% compiled in a Wall Street Journal poll of seven economists. Core CPI, a measure closely watched by the central bank that strips out private road transport and accommodation costs, increased 0.5% in March, the data...

The European Central Bank will achieve its inflation goal in the months ahead, though must remain circumspect in the face of high uncertainty, according to Governing Council member Peter Kazimir .

“Inflation is approaching its target, and I’m confident that we’ll reach it within the next few months,” the Slovak official said Tuesday in an op-ed. “However, we remain cautious. We must, particularly under today’s volatile and often chaotic conditions. We must remain vigilant and agile.”

European Central Bank Governing Council member Madis Muller warned that US trade tariffs and higher public spending in Germany could stoke inflation.

“Financial markets have an expectation that the ECB will further lower interest rates, but it seems to me that we need to be careful in assessing the inflation outlook,” Muller told Estonian radio on Monday. “There’s no consensus on what the next decision should be.”

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Batya Ungar-Sargon, a self-described “MAGA Lefty,” made a rather stunning error while arguing in favor of President Donald Trump’s trade policy and coming to his defense in a discussion about his feud with Federal Reserve Chairman Jerome Powell on CNN Thursday night. After host Abby Phillip suggested that the “combination” of Trump’s tariffs and attacks on Powell could be disastrous, Ungar-Sargon pivoted to blasting Powell for inveighing against the tariffs. “Yeah, but it’s kind of weird that Jerome Powell is out there opining on the tariffs. Like his job is...

Japan’s consumer inflation advanced apace last month, supporting the central bank’s stance on a gradual rate hike path before US tariff measures clouded the economic outlook.

Consumer prices excluding fresh food rose 3.2% from a year ago in March, accelerating from a 3% increase in the previous month, the ministry of internal affairs said Friday. That matched the median estimate of economists surveyed by Bloomberg. A gauge of underlying inflation that also excludes energy prices rose 2.9%, as expected. That’s the fastest since March of last year.