Inflation has pulled back significantly from its pandemic-era peak of 9.1% in June 2022. It's moving toward policymakers' long-term annual target, near 2%.

This increase was mainly driven by soaring air fares - which jumped by 30.2% - driven by higher school holiday prices - ...

Falling gas prices helped keep overall inflation tame in July; however, a broader array of products got even more expensive ...

All of this suggests to ING Economics that not only will inflation fall back to the Fed's 2% target by April of 2024, but that it will continue to dip even lower to about 1.5% during the summer ...

Deutsche Bank published estimates for how the tariffs will impact its forecasts for economic growth and inflation. Deutsche predicts gross domestic product will grow by about 1% this year if the ...

In September, shelter inflation throttled back on a monthly basis, to 0.2% from 0.5% in August. That's among the most encouraging signals in the latest CPI report, economists said.