The annual rate of inflation moved higher last month for the first time since March, as expected — but economists say the underlying trend remains favorable for another round of interest rate cuts.
Inflation rose modestly in the lead-up to last week’s presidential election, a sign that underlying economic forces keeping prices elevated will continue as Donald Trump returns to the White ...
Inflation is still a thing. Prices were 2.6% higher in October than a year earlier, according to the latest Consumer Price Index, released Wednesday. That's a much lower inflation rate than ...
U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve began cutting interest rates amid signs of cooling prices and a weaker labor ...
Jack Kelly covers career growth, job market and workplace trends. Inflation takes a big toll on low-wage earners in the U.S., especially if they were already living ... [+] paycheck to paycheck.
By Jeanna Smialek Grocery inflation has been cooling sharply, but Tamira Flamer, 27, says she hasn’t noticed. What she knows is that paper plates and meat remain more expensive than they were a ...
Policymakers in the United States and other major economies have quelled the worst inflation in four decades without tumbling into recession, the International Monetary Fund said Tuesday ...
Overall inflation slowed in September from a year earlier, though some signs of stubbornness lingered under the surface. By Jeanna Smialek Inflation has been cooling for two years, and fresh data ...
The personal consumption expenditures (PCE) price index, the Federal Reserve's preferred inflation measure, dropped to 2.1% last month on an annual basis, close to the central bank's goal of a 2% ...