The Latest Breaking News from Inflation

The US Federal Reserve will likely hold its key lending rate at a 22-year high on Wednesday -- the first of a series of crucial central bank decisions this week.

The United States general election will be held on November 5 2024. In early 2024, there are Democratic and Republican presidential nominating contests that will elect delegates to the parties’ nominating conventions. These conventions, in July (for Republicans) and August (Democrats) officially select their parties’ presidential candidates.

National average wages and salaries grew by nearly $15,000 from January 2021 to October 2023, according to the JEC Democrats.

An underwhelming CPI report means the Fed isn't done fighting inflation just yet.

President Javier Milei's new government will on Tuesday unveil a set of emergency measures to avoid "hyperinflation" that are expected to deliver a shock to the country's ailing economy.

The Federal Open Market Committee (FOMC) begins its 2-day policy meeting today, and the markets will be looking for signs of whether the Fed thinks it will be able to begin cutting interest rates next year. With inflation falling significantly from a 42-year high last year, rate reductions in 2024...

Investors became more comfortable with new inflation data as the stock market gained momentum in afternoon trades Tuesday.

The mixed picture in Tuesday’s inflation report will likely keep the Federal Reserve on track to leave its benchmark interest rate unchanged when its latest meeting ends Wednesday.

Consumer inflation in the United States edged down for a second straight month in November, government data showed Tuesday, in encouraging news for policymakers seeking to get prices under control.