The consumer price index eased in January but inflation was still elevated for many consumer necessities, economists said.
Will the decline in inflation help lower mortgage interest rates? Here's what borrowers need to consider right now.
The slightly lower number for January reflects smaller price increases for shelter and food, as well as a decrease in energy costs.
Inflation in the United States eased at the start of 2026, providing a reprieve to the Federal Reserve as it contends with yet another year of consumer prices rising faster than the central bank’s ...
Inflation stayed elevated in September and remained well above the Federal Reserve's target rate as policymakers prepare to meet next week to decide on their forthcoming interest rate move. The ...
Economists polled by Reuters had expected the inflation rate to cool to 2%, in line with the European Central Bank's (ECB) target. The euro and Stoxx 600 were unchanged on Wednesday following the ...
A key measure of inflation fell to nearly a five-year low last month as apartment rental price growth slowed and gas prices ...
By Lucia Mutikani WASHINGTON, Feb 13 (Reuters) - U.S. consumer prices increased less than expected in January amid cheaper ...