High gas prices pushed annual inflation to the highest level in three years, according to May data released by the Commerce ...

By Lucia Mutikani WASHINGTON, June 25 (Reuters) - U.S. inflation increased further in May, breaking above 4.0% for the first ...

Federal inflation data released Thursday showed prices rising at the fastest annual rate in three years, posing serious ...

Annual inflation rose to a three-year-high of 4.2% in May, underscoring how elevated energy prices are rippling through the US economy, according to new data from the Bureau of Labor Statistics.

Rising gas prices pushed inflation to its highest level in three years last month, a headache for the Federal Reserve and a potential political challenge for the Trump administration as midterm ...

By Lucia Mutikani WASHINGTON, June 10 (Reuters) - U.S. consumer inflation increased at its fastest pace in three years in May, boosted by surging prices for energy products amid the Middle East ...

Inflation surged 4.1% over the past year, hitting a three-year high and outpacing cumulative wage growth. The Commerce ...

He claimed the U.S. has been quietly removing millions of barrels of oil from the market.

The new CPI report showed inflation in May climbed to the highest rate in about three years.

The Consumer Price Index rose last month at a 4.2% annual rate amid a spike in U.S. energy prices.

Inflation rose 4.2 percent in May, the highest since 2023, keeping prices above the Fed’s target and increasing the odds of a rate hike later this year.

President Donald Trump's economic advisors are giving Warsh space, as the new Fed chairman, on interest rates as the president repeats calls to cut.