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

Former St. Louis Fed President Jim Bullard, now Dean of the Mitch Daniels School of Business at Purdue University, believes the Federal Reserve is likely to resume tightening later this year despite a ...

The Federal Reserve’s preferred inflation gauge, the core PCE price index, climbed 3.4% year-over-year in May, matching the forecast.

One of the Fed chair's favorite inflation measures came in cool again, offering evidence for his belief inflation is improving and against the view of a growing number of other policymakers ‌that ...

Add Yahoo as a preferred source to see more of our stories on Google. The Labor Department's March CPI shows how prices are changing, from groceries and rent to gas. Headline inflation rose 3.3% from ...

December's Consumer Price Index comes out on Tuesday, giving markets and economists fresh data on how hot inflation is running. While the December data makes progress in clearing up the fog that ...

WASHINGTON, April 10 (Reuters) - When surging U.S. inflation peaked in June of 2022, driven by rising ⁠prices ⁠for energy but also for food, shelter, vehicles, and a host ⁠of other items, Federal ...

The Federal Reserve has now cut interest rates for the third straight meeting, but the decision was anything but unanimous. Three officials broke ranks, arguing that with inflation still running above ...

The core personal consumption expenditures price index rose a seasonally adjusted 3% in February, the Commerce Department reported. The all-items headline inflation measure increased 2.8%. In addition ...

WAGE-PRICE spirals may prompt the Bangko Sentral ng Pilipinas (BSP) to stay on “high alert” even after inflation eased for two straight months, as the spillover effects of the wage hike to core ...