To cool the economy and bring inflation under control, the Fed embarked on an aggressive campaign to raise the federal funds rate during 2022 and 2023. The final hike was in August 2023, with the rate ...

While the Fed is likely to keep interest rates unchanged next week, an encouraging February CPI report raises the odds for ...

Wednesday’s consumer-price index report is now in sharp focus with investors hoping more clarity on stagflation concerns ...

CPI drops to 2.8% with falling fuel and food prices, but core inflation stays high. Click for a full review of the inflation ...

The consumer price index, a wide-ranging measure of costs across the U.S. economy, ticked up a seasonally adjusted 0.2% for the month, putting the annual inflation rate at 2.8%, according to the Labor ...

Inflation slowed more than expected in February, bringing some relief to consumers and Federal Reserve officials alike even ...

Consumer Price Index report, to be released Wednesday, will provide another milepost on the road to the Federal Reserve's 2% ...

The Federal Reserve has a dual mandate of promoting maximum employment and stable prices, which it tries to foster by ...

Inflation cooled slightly in February even as the pace of price growth remained well above the Federal Reserve's goal ahead of the central bank's policy meeting next week. The Labor Department on ...

Inflation slowed more than expected last month. The consumer price index, an inflation measure, increased 2.8% year-over-year in February. That's under the forecast of 2.9% and January's rate of 3%.

Consumer prices excluding food and energy — a measure known as core CPI that is considered a better indicator of underlying inflation — dipped to its lowest annual pace since April 2021.

The CPI measure of inflation hit a 40-year high of 8% in 2022, after the U.S. government and the Fed injected trillions of dollars into the economy in 2020 and 2021 to insulate it from the effects ...