The Federal Reserve's preferred inflation gauge rose in May as price pressures persist in the wake of the energy shock caused by the Iran war. The Commerce Department on Thursday reported that the ...

The Federal Reserve’s new chairman has vowed to deliver price stability, but officials are at odds over whether that will require higher borrowing costs. By Colby Smith and Ben Casselman Colby Smith ...

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...

WASHINGTON — President Donald Trump brushed off concerns about the nation's sharp increase in consumer prices, telling reporters that he loves the inflation as gas prices remain high as a result of ...

Inflation ticked higher in May as American consumers continued to face elevated fuel prices amid the Iran war's impact on the energy market and across the economy. The Bureau of Labor Statistics (BLS) ...

Inflation crossed 4 percent for the first time in three years in May, exacerbating Americans’ pain at the pump and dealing a fresh political blow to the White House, as the Iran war’s toll on ...

Inflation surged in May to the highest level since early 2023, as Iran war-related fuel costs worked their way through the broader economy. Subscribe to read this story ad-free Get unlimited access to ...

Economists expect a key inflation gauge set to be released on Wednesday to show that U.S. consumer prices in May rose at their fastest pace in more than three years. The Consumer Price Index is ...

The first inflation report under new Federal Reserve chief Kevin Warsh shows consumer prices in April were at their highest level in almost three years. The personal consumption expenditures price ...

Dallas Fed's trimmed mean inflation measure may currently understate true price pressures Core PCE inflation rose 3.3% year-over-year, fastest since 2023, per Commerce Department Warsh has said he ...

A key inflation gauge accelerated in April to the highest level in three years, squeezing Americans’ finances and creating political challenges for President Trump and congressional Republicans with ...

This paper investigates why the post-COVID inflation surge, though globally synchronized, led to widely divergent outcomes across countries. Using cross-country regressions for 130 economies and local ...