The post-pandemic burst of high inflation, once called "transitory" by Federal Reserve officials, is poised to enter its fifth calendar year.
When inflation rises, interest rates usually follow as the Federal Reserve tightens monetary policy to control the rise in ...
Inflation picked up in late 2024, fueled by an increase in gas prices, the latest sign of stalled improvement on lowering prices as President-elect Donald Trump prepares to take office. The ...