The Federal Reserve’s preferred measure of underlying inflation increased in June at one of the fastest paces this year while ...

That increase to the annual inflation rate was largely due to a data quirk called "base effects," economists said. (Basically, inflation one year prior, in May 2024, was unusually low, making the ...

One economist told Newsweek that companies may be wary of "consumer backlash" if they hike prices to mitigate the tariffs' ...

US wholesale inflation was muted in June, presenting what would seem to be a better-than-expected outcome amid President ...

The shelter index, however, rose 0.3% from the month before – or 3.9% versus a year ago – and was the main driver of inflation last month, according to the government.

That increase to the annual inflation rate was largely due to a data quirk called "base effects," economists said. (Basically, inflation one year prior, in May 2024, was unusually low, making the ...