Lowering interest rates may not be on the table if inflation stays elevated.

President Donald Trump praised inflation after May consumer prices rose 4.2%, setting up a political fight over affordability ...

It was nice of the Trump administration to so clearly state that the Republican definition of "government waste" is just ...

U.S. inflation cooled last month as the cost of gas, clothes, and used cars fell, providing some relief to consumers, while ...

For the rest of 2026, models from forecasting companies like Trading Economics anticipate an inflation rate of about 3.5% ...

Inflation eased in June but economists say tariffs, AI-driven demand and renewed fighting between the U.S. and Iran could ...

The CPI increased by a still-high 3.5% in the 12 months through June after surging 4.2% in May Read more at The Business ...

Barrenjoey economist Jo Masters thinks the Reserve Bank will need to raise rates next month, and possibly again in November.

Fed Chair Kevin Warsh told lawmakers the central bank won't tolerate persistently elevated inflation and will take the steps ...

Kevin Warsh appeared before lawmakers on Capitol Hill for the first time as Fed chairman, where he delivered his semiannual ...