Inflation has worsened since the US and Israel attacked Iran, sending energy prices spiralling.

Aug 26 (Reuters) - The case for a Federal Reserve interest-rate hike gained a little steam on Wednesday after a government ...

Asian stocks edged higher Wednesday as oil prices extended a decline on receding concerns about another military flare-up ...

With inflation rising again in the United States in recent months, Warsh issued a blunt statement when asked about the Fed's stance: "No tolerance." Despite concerns about a more politicized Federal ...

Wells Fargo Economics, led by Tom Porcelli and colleagues, expects July consumer spending to rise modestly, with nominal ...

US inflation remains high as energy costs surge 15% in July 2026. Crude oil reaching a new all-time high by December 31 at 11 ...

The annual rate of inflation began to accelerate again in July after slowing in June, the U.S. Bureau of Labor Statistics reported on Wednesday.

Personal consumption expenditures, the Federal Reserve's preferred marker of inflation, fell for the first time in six years in June, the BEA reports.

Elevated inflation partly reflects supply shocks that that have increased prices, including of energy, the Fed said.

Inflation rates impact asset prices and guide monetary policy. For banks, inflation fluctuations affect their operations and ...