Prices rose at an annual pace of 2.6% in July, the same rate as the previous month and in line with economist forecasts.

The Commerce Department released the July PCE inflation report which showed the growth of consumer prices remained elevated as the Federal Reserve considers an interest rate cut.

Powell didn’t mince words when discussing the current state of inflation, saying higher tariff rates are already pushing up ...

"We doubt that US tariffs will significantly affect inflation in the rest of the world, but if anything, the effect could be mildly disinflationary." ...

Tariffs, regulations, and economic pressures dominated MEMA’s Commercial Vehicle Outlook Conference. Here’s what executives and analysts had to say.

The latest economic data keeps the central bank on track to lower interest rates at its next meeting in September.

At the 2025 Jackson Hole Symposium, Fed Chair Jerome Powell addressed the effects of President Trump’s tariffs on the US ...

The U.S. economy might be headed for a bout of high inflation and slow growth, but economists expect it to be far less severe than the malaise of the 1970s.

Federal Reserve Chair Jerome Powell said the balance of risks to the labor market and inflation have shifted, signaling a ...

"The hardest thing that the Fed ever has to do is get the timing right at moments of transition,” Goolsbee said on NBC News’ “Here’s the Scoop” podcast.

The recent move by the United States to impose steep tariffs on Indian goods is expected to weigh on the US economy, pushing ...

India's economy unexpectedly gathered steam in the April-June quarter, defying expectations of slower growth even as a sharp ...