According to a report sent to clients, Bank of America expects the data to show that PCE inflation in July increased 2.6% ...

However, "core" CPI — a gauge that better reflects long-term trends, excluding more volatile food and energy prices — shows a rise of 0.3%, the fastest annual pace seen in five months. That's a 3.1% ...

Federal Reserve Chair Jerome Powell signals inflation, hiring slowdown and tariff-driven price increases, pointing to an ...

The US could see a deflationary shock as tariffs, immigration policies, and an aging population cause spending to fall off a ...

That is how some rich countries’ experience of inflation has felt. The rate of price increases has fallen sharply since the ...

The results reveal a linguistic divide. Countries in the EU and Asia perform well. France now has the least entrenched ...

US inflation could hit the Federal Reserve’s 2% target in 2025, Bank of America CEO Brian Moynihan told CNN in an exclusive interview Tuesday.