Inflation continues to loosen its grip on American consumers, with price hikes slowing by the most in three and a half years, ...

U.S. wholesale price increases mostly slowed last month, the latest evidence that inflation pressures are cooling enough for ...

With inflation cooling and worries about the job market spreading, the central bank is expected to announce a long-awaited ...

Inflation remained at 2.5% for the year ending in July, the Bureau of Economic Analysis reported Friday in an update to the ...

Inflation is back to levels not seen since February 2021, a significant milestone on the path back to the Federal Reserve’s 2% target, but the overall data likely support only a modest interest- rate ...

U.S. wholesale price increases mostly slowed last month, the latest evidence that inflation pressures are cooling enough for the Federal Reserve to begin cutting interest rates next week.

Here are the August figures, at a glance: Inflation is back to levels not seen since February 2021, a significant milestone ... the overall trajectory for the Fed’s preferred inflation gauge, the core ...

This weaker-than-expected reading means that the case for the US Fed to make cut rates faster has been bolstered. Bringing ...

Consumer prices, a key gauge of inflation ... In January, inflation slowed to 2.8 percent, dropping below 3 percent for the ...

Economists also believe the Fed likely isn’t startled about the unemployment rate just yet. The current unemployment rate of ...

Notably, CPI has slowed for a fifth straight month, as elevated interest rates have brought inflation down closer to the Fed's target of 2%. Inflation is currently at its lowest level since February ...

In January, inflation slowed to 2.8 percent, dropping below 3 percent for the first time since July 2023, but edged up to 3.1 ...