Inflation is an increase in the prices of goods and services over time which causes a relative decrease in purchasing power.

Trump says tariffs are a 'tax on foreign countries.' The world's largest retailer says Americans will pay more.

The Federal Reserve has said they are committed to reducing inflation from the June 2022 high of 9.1% back to under 2%.

Fewer people are moving and signing new leases — so the sample in the CPI doesn’t capture as much turnover, the researchers said.

Donald Trump takes office in early 2025, and experts debate whether his policies will usher in a period of economic decline ...

Before Powell's remarks last week, financial markets were betting on another 0.25% rate cut on Dec. 18. Now, it's a coin flip ...

Big global investors are exiting popular trades that bet on U.S. President-elect Donald Trump’s tax and tariff policies ...

Expanded tariffs could protect some manufacturers from foreign competition, but economists warn that they would also drive up ...

The Fed could cut interest rates "slower and shallower" in 2025, according to Charles Schwab strategists.

Still, Trump could enact policies that may slow the rise of grocery prices, or even lower the cost of some household staples, ...

Learn about the Consumer Price Index and how it reflects the effects of pandemic price inflation on daily expenses and ...