While inflation remained well below the highs reached in 2022 and 2023, it also proved more stubborn than many forecasters ...
Consumer price likely rose 2.7% in the 12 months through December, according to forecasts, as inflation remains well above the Federal Reserve's target.
Inflation fell two-tenths of a percentage point to 2.1% for the year ending in April, the Bureau of Labor Statistics reported Friday in an update to the Federal Reserve’s preferred gauge. That ties ...
Annual inflation slowed last month, showing that the economy was moving in the right direction before President Donald Trump‘s tariff moves renewed fears that a trade war would increase consumer costs ...