Rising prices across an array of goods from coffee to audio equipment to home furnishings pulled inflation higher.

The Federal Reserve’s preferred inflation measure continued to cool on an annual basis, even as a key monthly gauge nudged higher. By Jeanna Smialek A measure of inflation closely watched by the ...

The Federal Reserve’s preferred inflation measure continued to cool as consumer spending grew only moderately, good news for central bankers who have been trying to weigh down demand and wrestle ...

An inflation gauge favored by the Federal Reserve increased in January, the latest sign that the slowdown in U.S. consumer price increases is occurring unevenly from month to month.

The Climate Election: Grocery inflation explained 01:36. Inflation rose at a temperate pace in July, cementing thoughts of interest-rate cuts by the Federal Reserve, according to economic data ...

Federal Reserve officials at their most recent meeting welcomed recent signs that inflation is slowing and highlighted data suggesting that the job market and the broader economy could be cooling.

The Federal Reserve’s preferred measure of prices fell last month, another sign that inflation is easing and that Americans should benefit from lower costs and reduced interest rates in 2024.

The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates twice this year even as it sees inflation staying stubbornly elevated.

As Chairman Jerome Powell and the Federal Reserve Board meet today to decide how much higher to raise interest rates, two numbers will likely weigh heavily on their decision: the inflation rate ...

Federal Reserve policymakers now think inflation will run hotter than previously expected this year, but the central bank still believes price hikes will moderate in 2022 as pandemic pressures fade.

The Federal Reserve chairman this week confirmed what investors already had guessed: Surprisingly persistent inflation is dissuading the Fed from cutting its short-term policy rate as soon and ...