On paper, the U.S. economy has been strong. Inflation is down from its 2022 peak, the labor market remains solid and robust consumer spending is fueling gross domestic product growth. But all ...

Inflation has risen for the second month in a row, according to official figures. The overall rate of price rises - as measured by the consumer price index (CPI) - grew by 2.6% in November, a ...

An inflation gauge, closely watched by Federal Reserve policymakers, ticked higher in October, though it remains near the Fed's inflation target. The Commerce Department on Wednesday reported that ...

Federal Reserve Chair Jerome Powell has steered the world’s most powerful central bank during a tumultuous period for the US economy, from the pandemic to a historic bout of inflation shortly after.

Inflation has fallen dramatically from its peak but ticked up this fall. A fresh inflation reading this week flashed a warning: Price increases are rising again, just when the Federal Reserve had ...

The Federal Reserve’s favored inflation gauge just moved in the wrong direction. It comes as President-elect Donald Trump promises massive tariffs that could push the cost of living even higher.

Stubborn inflation, tax rises and high interest rates make it difficult for many to muster optimism, at least in the short term. By Eshe Nelson Reporting from London It’s a somber end to the ...

WASHINGTON — Fueled by pricier used cars, hotel rooms, and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated.

UK inflation ticked higher in November, reaching 2.6%, up from 2.3% the previous month, driven by the rising cost of petrol, groceries and an increase in tobacco duty in the budget, according to the ...

Abolishing the Biden inflation tax on American purchasing power is President-elect Donald Trump’s primary mission, but it could take a while. Jason Trennert of Strategas writes in a note to ...

The latest personal-consumption expenditures price index was published at 8:30 a.m. Eastern time today. Here's a quick glance at the November numbers: Headline M/M: Increased by 0.1% vs. 0.2% gain ...

The Federal Reserve’s preferred measure of underlying inflation accelerated in October from a year ago, helping explain policymakers’ more cautious approach to lowering interest rates.