Inflation in December was its highest since the summer, according to data released Wednesday morning, a sign of the lingering presence of higher prices for consumers, though economists did predict ...

The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging. Source: Bureau of Labor Statistics By The New York Times By Ben Casselman ...

Spencer Platt / Getty Images Inflation is set to run above the Federal Reserve's 2% annual target for a fifth year if projections for 2025 hold true. High inflation has roiled the economy and ...

The newest member of the Bank of England's interest rate-setting committee has made the case for up to four cuts this year following a surprise fall in inflation. Professor Alan Taylor used a ...

Inflation accelerated for a third straight month in December on rising food and energy costs, reaching a five-month high and underscoring that an encouraging slowdown in price increases last ...

Inflation was steady at 2.9 percent in January as a decline in rice prices—a first in more than three years—and slower increase in utility costs curbed typhoon-induced jump in food prices ...

The Federal Reserve's preferred inflation gauge showed prices rose as expected in December, and it remains above the central bank's target level amid its ongoing efforts to wrestle down inflation.

Anticipation of this week’s forthcoming Consumer Price Index inflation report may also have been a key factor that moved markets. Base effects threaten to make year-on-year total and core ...

The Federal Reserve has now battled high inflation for nearly four years. Economists point to the Federal Reserve's rate cuts, rising oil prices, consumer psychology, and potential tariffs as ...

Core inflation, which excludes volatile items such as food and energy stood at 3.6 per cent in December as against 3.7 per cent in November. Food inflation, which makes up around half of the overall ...