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% ...

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

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

Minutes from a US Federal Reserve meeting conducted last month suggest that officials are more concerned about inflation amid Trump tariffs rather than the labour market.

Inflation in America is higher than it has been at any point in nearly 40 years. The White House has unveiled a plan to fight inflation, President Biden said during the State of the Union address.

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

Discover how Jerome Powell's Jackson Hole speech could redefine US interest rates, impact inflation targets, and shape ...