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 ...

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

The news of an improvement in consumer prices in June came as the U.S. and Iran escalated attacks, risking a return to high ...

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

The wave of inflation in the past few months is not expected to grow into an inflation tsunami of the kind that rocked the United States as it emerged from the pandemic. Inflation crested at nearly 9% ...

Stay up to date with our Up First newsletter, sent every weekday morning. Soaring gasoline prices, triggered by the U.S. war with Iran, have pushed inflation to its highest level in more than three ...

(The Conversation) — Americans don’t need a press release to know that inflation is rising. Gasoline is above $4 per gallon amid the ongoing conflict in the Middle East and closure of the Strait of ...

The U.S. war with Iran and the resulting spike in energy prices have pushed inflation to its highest level in nearly two years. A report from the Labor Department Friday showed consumer prices in ...