The annual inflation rate ticked higher in June, in line with expectations, as lower prices at the gasoline pump somewhat offset higher prices at the grocery store. Economists said they expect the ...

Consumers saw inflation pick up slightly in November as price increases in categories including groceries, gasoline and new cars outweighed a deceleration in others such as shelter during the month.

US consumer spending stalled in September, suggesting Americans were already stretched going into the government shutdown in the face of stubborn inflation.

WASHINGTON, Dec 13 (Reuters) - Investors view it as a near given that the U.S. Federal Reserve will cut interest rates by a quarter of a percentage point at its Dec. 17-18 meeting, with more attention ...

Given low inflation and an economy that is struggling, there is no reason for the Fed to delay lowering interest rates. Jobs growth is only slightly higher than 1%, and the economy has expanded by ...

The July CPI was largely in line with expectations, supporting Wall Street’s bullish sentiment and pushing stocks toward all-time highs. Core and headline inflation remain above 2%, but real-time ...

Central banks in big economies are signalling a change of stance as the Bank of Japan raised interest rates to a 30-year high ...

Inflation fell in September as lower gasoline prices combined with other waning price pressures in areas such as housing to bring relief to consumers' wallets, according to the U.S. Bureau of Labor ...

The consumer price index increased 2.7% in November 2024 from a year earlier, according to the Bureau of Labor Statistics. Inflation is not accelerating, but remains persistently too high, economists ...