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.

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...

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.

Majority of additional revenue disclosed in midyear budget update likely to be banked to avoid further stoking inflation

Consumer prices rose 3.1% in November from a year ago, marking a more moderate pace of inflation thanks in large part to falling gasoline prices.