Shelter prices again were the main culprit in pushing up the inflation gauge. The category, which makes about one-third of ...

The April consumer price index, a key gauge of U.S. inflation, came in slightly lower than economists expected at 2.3% in ...

Grocery prices in Maryland remained about the same in April, according to a better-than-expected inflation report that shows ...

Inflation eased to a four-year low in April as the nascent impact of President Donald Trump ’s sweeping tariffs were offset by their cost-dampening effects in a slowing economy.

Federal Reserve Chair Jerome Powell said officials are not in a hurry to adjust interest rates, adding tariffs could lead to higher inflation and unemployment. “If the large increases in tariffs ...

May 8 (Reuters) - Mexico's annual inflation rate came in line with market expectations in April, official data showed on Thursday, accelerating from the previous month but still within the central ...

The debate over Florida's state ... rate unchanged Wednesday, brushing off President Donald Trump's demands to lower borrowing costs, and said that the risks of higher unemployment and higher ...

President Donald Trump criticized the Fed's decision not to lower interest rates. "Jerome Powell is a FOOL," he wrote on Truth Social. The Fed is waiting for greater clarity on the impact of ...

While Powell has not returned fire specifically at Trump, he has said that the tariffs could lead to “more persistent” inflation, suggesting rate cuts would be difficult to justify until the ...

When fluctuations in output result primarily from disturbances to the money market, the variance of output is shown to be an increasing function of the trend inflation rate. When they result from ...

The Fed’s goals are to keep prices stable and maximize employment. Typically, when inflation rises, the Fed raises rates to slow borrowing and spending and cool inflation, while if layoffs rise ...