Americans finally got some good news in the form of cooling inflation earlier this month. But the Federal Reserve’s preferred ...

Monthly core CPI rose 0.4%, which was in line with estimates and was unchanged from the readings seen in April and March. Federal Reserve Chair Jerome Powell and the FOMC are open to what is being ...

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

The U.S. Federal Reserve has a dual mandate. First, it's tasked with keeping inflation under control, which means ensuring ...

Experts say that although the CPI report complicates the Fed's mission to bring inflation under control, the central bank will almost certainly continue to raise interest rates, most likely by ...

I show you how to save and invest. Nowcasts of inflation from the Cleveland Fed suggest that July’s Consumer Price Index inflation report may be less encouraging than June’s data, with ...

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 ...

The hotter-than-expected January CPI data will make the Federal Reserve more cautious about inflation risks, with more Fed watchers saying the central bank wouldn’t cut rates at all this year.

In a positive sign for the economy, headline inflation slowed in February. But the reading alone likely is not enough to break the Federal Open Market Committee out of its wait-and-see mode.

Inflation rose 2.5% over the year in January compared to 2.6% in December, marking the first decrease in four months.

Gold price uptrend continued on Thursday with the yellow metal hitting a new record high of $3,059 amid uncertainty over ...

The Labor Department on Wednesday released the consumer price index for February, which found inflation was 2.8%, slower than economists' expectations ahead of the next Federal Reserve meeting.