Prices that consumers pay rose slightly in May, while the annual inflation rate edged further away from the Federal Reserve's target, according to a Commerce Department report Friday. The personal ...
The Fed may be taking an even bigger gamble: It has cut its key interest rate on the assumption that the Trump administration ...
In recent months, critics of President Donald Trump’s tariff campaign have braced for an unwelcome rise in the inflation rate. That moment may have arrived. Prices rose 2.7% in the 12 months through ...
Key inflation rate shows biggest rise in 6 months, CPI shows, but Fed rate cut still appears in play
Inflation is still a sore spot for Americans. A key measure of consumer prices posted the biggest increase in July in six months, suggesting inflation is showing upward pressure from tariffs but maybe ...
Federal Reserve Bank of Cleveland President Beth Hammack said she remains laser-focused on inflation and officials should be cautious about interest-rate cuts to avoid overheating the economy.
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