In August, consumer prices rose 3.4% over the past year while wages increased just 3.1%.

Friday's figures bring the final 2027 COLA calculation closer to completion.

The details in the latest Consumer Price Index report could compel the Federal Reserve to raise interest rates.

U.S. inflation held at 3.4% in August, keeping pressure on the Federal Reserve as officials consider hiking its interest rate ...

Trump's pitch to dole out free cash, combined with calls for lower rates could worsen the economic conditions that hobbled ...

The recent surge in inflation is likely to get worse over the next several months, according to a survey Friday from the nation's top economists. Consumer price inflation is projected to hit 6% for ...

The BEA is revising PCE inflation formulas retroactively over five years, expected to lower reported core inflation by 0.2 percentage points after September 2026. Cooler PCE readings could reinforce ...

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Forbes contributors publish independent expert analyses and insights. I cover the intersection of people, risk, leadership and performance. This voice experience is generated by AI. Learn more. This ...

If the Wall Street consensus is correct, the consumer price index is expected to show inflation running at a 4.2% annual rate off an expected 0.5% monthly gain in May. Worries are growing that the ...

Rising Treasury yields are sending a warning signal: Investors are worried that higher inflation could keep the Federal Reserve from cutting interest rates anytime soon. Treasurys, or bonds issued by ...

The bank, fighting price pressures spurred by the war in the Middle East, raised its benchmark rate to 2.5 percent.