The consumer price index moderated again in June 2024, the Bureau of Labor Statistics said Thursday. The CPI annual inflation rate has declined to 3% from a 9.1% pandemic-era peak in 2022. Neither ...

As investors look ahead to a Federal Reserve interest rate cut in September, forecasts for the July Consumer Price Index report call for another tame reading on inflation, even though gas prices could ...

The sharper-than-expected increase in inflation in August was led by shelter, especially hotel prices. The cost of renting a temporary place for vacations and and other short stays leaped 2.3% last ...

Anticipation of incoming president Trump’s tariffs has caused confusion regarding high prices and high inflation. They are not really the same. The effect of tariffs is to push prices up, but not to ...

Core consumer inflation will likely see upward pressure this spring, along with headline, due to the oil shock, according to forecasts from Pantheon Macroeconomics. After that, though the path of the ...

After peaking in 2022 at 11% year on year, inflation across the rich world has steadily fallen. Until now. As central banks bring down interest rates, headline inflation across the rich world is ...