But this time, the correlation isn't as straightforward. Brent crude fell to US$58.62 per barrel and West Texas Intermediate (WTI) to US$55.38 in early April of 2025, marking a sharp decline of ...

The IMF study by Alvarez and Kroen finds that despite the unprecedented energy price shocks during 2021–2022, the inflation ...

Turkey's monthly inflation rate is expected to climb to 3.1% in April, driven by energy prices and lira depreciation following the imprisonment of President Tayyip Erdogan's main political rival ...

Inflation further worsened after Russia invaded Ukraine in February 2022, pushing up energy and food prices. In response, the Fed raised its benchmark interest rate 11 times in 2022 and 2023.

Donald Trump is holding off on tariffs during his first day and placing a big bet that his executive actions can cut energy prices and tame inflation. But it's unclear whether his orders will be ...