Inflation—the Fed’s primary bugbear for most of the past four years—has come a long way. The year-over-year increase in the personal-consumption expenditures price index, wh

Japan’s key inflation gauge held above the central bank’s target even as price gains moderated a tad, in data largely supporting the central bank’s view that underlying inflation remains solid.

Japan's core consumer prices in October rose 2.3% from a year earlier, slowing from September's pace but continuing to exceed the central bank's 2% target in a sign conditions for further interest rate hikes were falling in place.

Economists see the Federal Reserve taking a more measured approach to interest-rate cuts next year amid stubborn inflation and limited prospects that price pressures can cool much under President-elect Donald Trump.

Mexico's statistics agency INEGI released data on Friday showing that inflation slowed more than expected, while growth exceeded forecasts, opening the door for the country's central bank to cut interest rates further next month.