Given low inflation and an economy that is struggling, there is no reason for the Fed to delay lowering interest rates.

U.S. consumer spending increased marginally in April, with households opting to boost savings amid mounting economic uncertainty because of a constantly changing tariff landscape.

The consumer price index, a key inflation gauge, rose 2.3% in April from 12 months earlier, down from 2.4% in March, the Bureau of Labor Statistics reported Tuesday.

Cartoon by Bill Bramhall for Jan. 30, 2025.

The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December. That's up from 2.7% in November. Energy, food, new and used vehicles, car insurance and airline fares were ...

In today's Chart of the Day, Yahoo Finance host Julie Hymanexplores this wage growth pattern, the factors shaping it, and what it means for consumer spending in relation to inflation.

Inflation turned out to be a defining issue of the 2024 election, but the common story about its cause — covid-era stimulus — is more wrong than right. We should not learn a mistaken lesson.

In September, shelter inflation throttled back on a monthly basis, to 0.2% from 0.5% in August. That's among the most encouraging signals in the latest CPI report, economists said.

Inflation has pulled back significantly from its pandemic-era peak of 9.1% in June 2022. It's moving toward policymakers' long-term annual target, near 2%.