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 ...

Inflation rose one-tenth of a percentage point to 2.8% for the year ending in November 2025, the Bureau of Labor Statistics reported Thursday in an update to the personal consumption expenditures ...

Beth M. Hammack, head of the Federal Reserve Bank of Cleveland, says it is too early to gauge the economic impact of the Iran war and backs holding interest rates steady for “quite some time.” ...

This is read by an automated voice. Please report any issues or inconsistencies here. Inflation slowed to 2.7% in November from 3% in September, but government shutdown delayed the data release and ...

Inflation rose one-tenth of a percentage point to 2.8% for the year ending in September, according to a hotly anticipated release of the Federal Reserve’s preferred inflation gauge. The Friday ...

The January inflation reading offered encouraging signs for consumers and the U.S. economy, with the Consumer Price Index coming in below Wall Street expectations and falling to its lowest level in ...

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 ...

In the weeks before the Iran war, ​Americans’ inflation expectations were little changed, a New York Fed survey says.