The Federal Reserve's preferred inflation gauge showed prices rose as expected in December, and it remains above the central bank's target level amid its ongoing efforts to wrestle down inflation.

Inflation in December was its highest since the summer, according to data released Wednesday morning, a sign of the lingering presence of higher prices for consumers, though economists did predict ...

The Consumer Price Index report for January is expected to show broadly unchanged annual inflation compared to December, according to nowcasts. The CPI release is scheduled for February 12.

Spencer Platt / Getty Images Inflation is set to run above the Federal Reserve's 2% annual target for a fifth year if projections for 2025 hold true. High inflation has roiled the economy and ...

WASHINGTON – The Federal Reserve paused its interest rate cutting campaign Wednesday and gave no signal it plans to lower rates again in the near term amid uncertainty spawned by inflation and P ...

The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well as food. However, a closely watched measurement of underlying ...

Inflation accelerated for a third straight month in December on rising food and energy costs, reaching a five-month high and underscoring that an encouraging slowdown in price increases last ...

Jessica Ward, a 35-year-old from St. Louis, Missouri, is among the many millennials trading in their grays for green. In a viral TikTok video, she said how she has shifted her home style from the ...

Wholesale prices rose less than expected in December, a positive sign for the economy amid recent market fears that inflation isn't falling as quickly as hoped to the Federal Reserve's 2% target.

This move higher follows the Australian Bureau of Statistics (ABS) release of the latest Australian inflation data ... The ASX 200 is back in the green after the ABS reported that the monthly ...