The economy could soon see a big drop in shelter prices that slashes the current inflation rate by more than half, Rosenberg Research said.

Stocks continued to trade lower on Wednesday, while yields on U.S. government debt were little changed, after minutes of the Federal Reserve's July meeting showed that officials expected near-term inflation to increase.

Mexico's headline inflation likely rebounded in the first half of August underpinning prospects that the central bank would cut its key interest rate again, even though the rate remained within the official target,

Some officials said “a great deal could be learned in coming months,” though others said “it would not be feasible or appropriate" to wait for complete clarity regarding tariffs’ effects on inflation before adjusting the monetary-policy stance.

New York is sending inflation refund checks of up to $400 starting in mid-October. See if you're eligible and how much you will receive.

South Africa's rand was little moved on Wednesday, despite the country's highest inflation reading for 10 months, as investors awaited minutes from the Fed's July meeting and a symposium later this week that could provide U.