Oil prices have surged since the start of the conflict with Iran and American consumers are going to suffer the consequences ...

By Michael S. Derby NEW YORK, March 6 (Reuters) - Federal Reserve Bank of Cleveland President Beth Hammack said on Friday ...

Top economist David Rosenberg thinks the hit to demand from high oil prices will outweigh any inflationary shock over the long run.

The Federal Reserve is still widely expected to hold interest rates steady when its officials next meet on March 17-18.

Simply sign up to the Global inflation myFT Digest -- delivered directly to your inbox. Last week, we did a quick chart post looking at how financial markets were pricing the conflagration in the ...

Americans’ inflation expectations remained mostly unchanged, while expectations about leaving their job voluntarily dropped to a record low, according to a Federal Reserve Bank of New York survey.

WASHINGTON (AP) — Inflation likely was elevated last month even before the spike in oil and gas prices of the past two weeks that is expected to send consumer costs soaring in the months ahead.

Boston Fed President Susan Collins said on Friday that there's no urgent need to change interest rates, expecting current policy to hold for some time.

For seniors on Social Security, there’s perhaps no more important an announcement than the annual cost-of-living adjustment (COLA) update. Social Security benefits are eligible for an automatic COLA ...

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...