WASHINGTON – The Federal Reserve paused its interest rate cutting campaign Wednesday and gave no signal it plans to lower rates again in the near term amid uncertainty spawned by inflation and P ...

The Consumer Price Index report for January is expected to show broadly unchanged annual inflation compared to December, according to nowcasts. The CPI release is scheduled for February 12.

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.

The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well as food. However, a closely watched measurement of underlying ...

US inflation increased by the most in eight months in December amid a surge in consumer spending, suggesting the Federal Reserve would probably be in no hurry to resume cutting interest rates soon.

Core inflation rose 3.2% over the year, down from 3.3% in November, providing optimism for the trajectory of the cost of living. Cooler core inflation revived the possibility the Federal Reserve ...

The Fed also appeared to toughen its assessment of inflation, saying that it “remains somewhat elevated.” Both a healthier job market and more stubborn inflation typically would imply fewer ...

Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more. It's no secret that everything from groceries and gas, to airline tickets and rent is more expensive ...

This index is primarily used to determine current inflation and predict how prices might change in the near future. According to the Labor Department’s most recent report, CPI in December was 2. ...

While inflation has cooled since 2022, the CPI rose 2.9% from Dec. 2023 to Dec. 2024. Not all prices rise at the same rate – some sectors of the economy are seeing minimal inflation or even ...

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 ...